| Roadmap🗺️ | Tokenomics📊 | Fundraising💰 | White paper📄 | Blog📰 |
|---|---|---|---|---|
No ❌ | No ❌ | Yes✅ | No ❌ | Yes✅ |
TBA ⏳ | TBA ⏳ | $7.5M | TBA ⏳ | Medium |
➖ | ➖ | ➖ |
Testnet phases
Initia’s Incentivized Public Testnet - Completed ✅ - Details: Beginning - May 14 ,2024 Ending: July 8, 2024 (Latest information available)
Validator Initiation Testnet Phase 1 - Completed ✅ - Details: Beginning - May 20, 2024 Ending: - May 28, 2024
Validator Initiation Testnet Phase 2 - Completed ✅ - Details: Beginning - June 3, at 00:00 UTC Ending: June 7, at 23:59 UTC
Validator Initiation Testnet Phase 3 - Completed ✅ - Details: Beginning - June 14, at 00:00 UTC! Ending: July 4 00:00 UTC
What is Initia?
Initia is a network for 0-to-1 omnichain rollups built by fusing a novel L1 with an interwoven application-specific L2 infrastructure system. The Initia Platform provides product ready rollups that enables teams to build scalable and sovereign systems while eliminating the UX complexities end users face when interacting with a modular multi-chain universe. Initia’s ownership of the full tech stack allows for a suite of chain-level mechanisms that align the economic interests across users, developers, L2 app chains, and the L1.
In the ever-evolving landscape of the blockchain world, Initia stands as a beacon of innovation and simplicity. We are on a mission to redefine the multi-chain network experience from the ground up. By seamlessly integrating architecture, product, and economic systems, Initia offers a holistic solution that transforms how networks operate, feel, and interact. This is why we call Initia a network for interwoven rollups.
How Does It Work?
At its core, Initia reconstructs the entire technological stack, introducing a foundational Layer 1 blockchain integrated with a bespoke Layer 2 infrastructure. This integration fosters a tightly knit ecosystem of modular networks. Owning the complete technological stack enables Initia to implement chain-level mechanisms that harmonize the economic interests of users, developers, Layer 2 app-chains, and the Layer 1 chain itself.
The Initia Layer 1 serves as an orchestration layer, facilitating coordination of security, liquidity, routing, and interoperability across the network of interwoven rollups via the VM-Agnostic Optimistic Rollup framework—the OPinit Stack. This framework, supported by fraud proofs and rollback capabilities, allows for the secure scaling of rollups based on CosmosSDK in environments like EVM, MoveVM, or WasmVM, all while leveraging Celestia's Data Availability (DA) layer.
Initia's Layer 1 introduces Enshrined Liquidity, a unique mechanism where individual or paired INIT tokens are staked with validators to create a liquidity hub within the Layer 1 chain. This mechanism enhances security, boosts liquidity, and serves as an inter-layer-2 router, enabling seamless token transfers across rollups.
By streamlining choices and integrating essential features from the outset, Initia’s Interwoven Rollups are versatile, ready-to-deploy solutions equipped with a comprehensive feature set. Developers have the flexibility to use Solidity, Move, or CosmWasm, integrate seamlessly with the CosmosSDK, and access a suite of built-in functionalities including native USDC, enshrined oracles, instant bridging, cross-chain interoperability via IBC, fiat on-ramps, decentralized sequencers, DAO tools, InitiaScan, and more for EVM & Cosmos wallet signing.
Initia's product stack unifies the architecture, offering users a singular chain experience when interacting with thousands of interwoven rollups and reducing entry barriers:
Initia's product stack unifies the architecture, offering users a singular chain experience when interacting with thousands of interwoven rollups and reducing entry barriers:
InitiaScan: A multi-chain explorer with VM-specific tools and information.
Wallet Widget: Supports EVM & Cosmos wallet signing and includes social login features.
Bridget: A frontend bridge/on-ramp aggregator integrated directly into rollups.
Initia App: A centralized platform for all things related to Initia.
Initia Usernames: A blockchain-wide on-chain identity system.
Initia Wallet: A dedicated wallet designed for navigating the expansive Initia ecosystem.
Why Initia? ❣
Navigating the current multi-chain environment is daunting—users and developers alike are burdened with the complexity of encompassing the need to manage hundreds of chains, configure new RPCs and wallets for each, navigate through various bridges, contend with multiple types of gas fees, and use different explorers.
This complexity necessitates that users familiarize themselves with a plethora of systems, interfaces, and methodologies to engage with diverse blockchains—a reality that developers also grapple with.
As we move towards a modular future, the fragmentation and complexity of these systems are poised to exacerbate, ultimately placing the heaviest burden on end-users.
Initia addresses these challenges head-on by simplifying the user experience and providing a unified platform that feels as intuitive and interconnected as using your favorite smartphone.
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