What Happened?

The super new star of the omnichain Rollup track, Initia, has secured a $30 million investment led by Binance and other top-tier crypto venture capital firms, reaching a valuation of $1 billion! Recently, Initia announced the opening of an airdrop query, which has caused its popularity to soar! Quickly understand the new opportunities that Initia's emergence will bring!

What Does Initia Aim to Do?

Initia's vision is not complicated. Simply put, it aims to create a "multichain operating system" that allows developers to easily create their own blockchain (called a rollup) as effortlessly as building with building blocks. For ordinary users, it feels like using a unified app, without any fragmentation or complexity.

Quickly Understand Initia!

You can think of what Initia is doing as an "operating system" (like Android or iOS), and its Interwoven Rollups are like apps. Each rollup is independent, but they share a consistent experience and a unified user interface. Developers no longer need to worry about infrastructure issues such as "which virtual machine to choose," "which bridge to use," or "how to set up data services," because Initia has already preset and packaged the tools for you, ready to use out of the box.

Initia's Three Core Values!

Initia's most influential technological innovation is its integrated multichain system of "Interwoven Stack + Interwoven Rollups + Initia L1." In particular, its redefinition and deep integration of Rollup construction and interoperability have achieved "chains as modules, unified experience, and seamless communication." The three most technologically impactful core aspects are:

🧩Modular Yet Opinionated Development Framework: Initia does not offer "naked modules" but provides an out-of-the-box Rollup development kit through "Opinionated Infra." Developers do not need to make complex choices but can use the tools directly: choose your own VM (EVM, Move, Wasm), choose your own Gas mechanism (using INIT, stablecoins, or local tokens), and come with oracles, cross-chain bridges, and wallet support. Just like building a website with WordPress or developing a game with Unity, Rollups can be easily assembled and launched on Initia.

🔗Seamless Interconnection Between Multiple Chains: These Rollups are not isolated islands; they are all built on a mother chain called Initia L1. Through the official OPinit bridge and IBC channel, they have native cross-chain message passing, shared liquidity, and security coordinated by L1. It solves the biggest pain point of the Web3 multichain ecosystem: poor communication between chains, fragmented experience, and difficult-to-use bridges.

💰Dual Innovation in Economics and Experience:

• Minitswap solves the user experience pain point of traditional Optimistic Rollup's "TX takes seven days" by enabling instant transactions.

• Enshrined Liquidity turns LP Tokens into collateral assets that can participate in DEX trading to earn fees and also participate in network consensus to earn rewards, improving capital efficiency.

• The VIP reward mechanism issues esINIT based on users' real contributions, which can be used for governance, LP, and voting rights, truly binding the interests of users, developers, Rollups, and the ecosystem.

Strong Funding Background!

🌍In 2024, Initia completed a $10 million seed round of financing from venture capital firms such as Delphi Digital, Hack VC, Nascent, Figment Capital, A.Capital, Big Brain Holdings, and Cobie.

🌍In September of the same year, Initia completed a $20 million Series A round of financing from top-tier venture capital firms such as YZI Labs (formerly Binance Labs), Theory Ventures, Hack VC, Bryan Pellegrino, Nick Chong, Ajit Tripathi, Keone Hon, and Michael Egorov.

Project Development Analysis

Initia's technological innovation is not a single-point breakthrough but a full-chain renewal from basic architecture, inter-chain interoperability to economic incentives. It makes it possible for everyone to create chains, connect chains, and unify economics.

As more developers choose to use the Interwoven Stack to quickly build high-performance, customizable private chains, coupled with the cross-chain communication capabilities and liquidity sharing mechanisms provided by Initia L1, the entire ecosystem will expand exponentially.

The linkage between VIP incentives and Enshrined Liquidity will also attract more users and capital to deeply participate in ecosystem construction in the long term. In the long run, Initia is not just a chain but the "operating system" base of the Web3 world, and it is expected to support the birth of the next wave of killer applications.

What Happened?

The super new star of the omnichain Rollup track, Initia, has secured a $30 million investment led by Binance and other top-tier crypto venture capital firms, reaching a valuation of $1 billion! Recently, Initia announced the opening of an airdrop query, which has caused its popularity to soar! Quickly understand the new opportunities that Initia's emergence will bring!

What Does Initia Aim to Do?

Initia's vision is not complicated. Simply put, it aims to create a "multichain operating system" that allows developers to easily create their own blockchain (called a rollup) as effortlessly as building with building blocks. For ordinary users, it feels like using a unified app, without any fragmentation or complexity.

Quickly Understand Initia!

You can think of what Initia is doing as an "operating system" (like Android or iOS), and its Interwoven Rollups are like apps. Each rollup is independent, but they share a consistent experience and a unified user interface. Developers no longer need to worry about infrastructure issues such as "which virtual machine to choose," "which bridge to use," or "how to set up data services," because Initia has already preset and packaged the tools for you, ready to use out of the box.

Initia's Three Core Values!

Initia's most influential technological innovation is its integrated multichain system of "Interwoven Stack + Interwoven Rollups + Initia L1." In particular, its redefinition and deep integration of Rollup construction and interoperability have achieved "chains as modules, unified experience, and seamless communication." The three most technologically impactful core aspects are:

🧩Modular Yet Opinionated Development Framework: Initia does not offer "naked modules" but provides an out-of-the-box Rollup development kit through "Opinionated Infra." Developers do not need to make complex choices but can use the tools directly: choose your own VM (EVM, Move, Wasm), choose your own Gas mechanism (using INIT, stablecoins, or local tokens), and come with oracles, cross-chain bridges, and wallet support. Just like building a website with WordPress or developing a game with Unity, Rollups can be easily assembled and launched on Initia.

🔗Seamless Interconnection Between Multiple Chains: These Rollups are not isolated islands; they are all built on a mother chain called Initia L1. Through the official OPinit bridge and IBC channel, they have native cross-chain message passing, shared liquidity, and security coordinated by L1. It solves the biggest pain point of the Web3 multichain ecosystem: poor communication between chains, fragmented experience, and difficult-to-use bridges.

💰Dual Innovation in Economics and Experience:

• Minitswap solves the user experience pain point of traditional Optimistic Rollup's "TX takes seven days" by enabling instant transactions.

• Enshrined Liquidity turns LP Tokens into collateral assets that can participate in DEX trading to earn fees and also participate in network consensus to earn rewards, improving capital efficiency.

• The VIP reward mechanism issues esINIT based on users' real contributions, which can be used for governance, LP, and voting rights, truly binding the interests of users, developers, Rollups, and the ecosystem.

Strong Funding Background!

🌍In 2024, Initia completed a $10 million seed round of financing from venture capital firms such as Delphi Digital, Hack VC, Nascent, Figment Capital, A.Capital, Big Brain Holdings, and Cobie.

🌍In September of the same year, Initia completed a $20 million Series A round of financing from top-tier venture capital firms such as YZI Labs (formerly Binance Labs), Theory Ventures, Hack VC, Bryan Pellegrino, Nick Chong, Ajit Tripathi, Keone Hon, and Michael Egorov.

Project Development Analysis

Initia's technological innovation is not a single-point breakthrough but a full-chain renewal from basic architecture, inter-chain interoperability to economic incentives. It makes it possible for everyone to create chains, connect chains, and unify economics.

As more developers choose to use the Interwoven Stack to quickly build high-performance, customizable private chains, coupled with the cross-chain communication capabilities and liquidity sharing mechanisms provided by Initia L1, the entire ecosystem will expand exponentially.

The linkage between VIP incentives and Enshrined Liquidity will also attract more users and capital to deeply participate in ecosystem construction in the long term. In the long run, Initia is not just a chain but the "operating system" base of the Web3 world, and it is expected to support the birth of the next wave of killer applications.