Initia adopts a dual-layer structure, with the main chain based on the Cosmos SDK and CometBFT consensus, responsible for governance, validator management, and cross-chain communication. The Layer 2 Rollup solution is called Minitias, supporting multiple environments such as EVM, CosmWasm, and MoveVM, allowing developers to create application-specific chains based on their needs.
Interwoven Stack is responsible for connecting the main chain and Minitias through OPHost and OPChild nodes, as well as the off-chain message bridging robot OPinit Bots, to achieve state submission and oracle updates, ensuring cross-layer data security and improving network operation efficiency.
The total supply of INIT tokens is 1 billion, which includes airdrops, staking rewards, strategic investments, and community incentive distributions. The mainnet will launch in early 2025 and the first airdrop will be issued. Currently, the price is highly volatile, with a market cap of approximately $77 million. Users can buy and sell INIT on exchanges like Gate and participate in staking and governance.
Initia supports developers in quickly deploying cross-chain application chains, expanding the Web3 ecosystem. Future release plans will further enhance protocol functionality, promote the mainnet and Layer 2 ecosystem, and strengthen multi-chain liquidity and governance capabilities.
Initia, through modular chain design and cross-layer collaboration, enhances the scalability of Blockchain and empowers diverse application scenarios. It is one of the important attempts in contemporary Blockchain technology, worthy of attention from project developers and investors.