Initia mainnet and airdrop claims now live

9 recorded changes
Want your article here?
Promote with Leviathan News
9 recorded changes
Want your article here?
Promote with Leviathan NewsInitia, a modular Layer 1 blockchain that integrates a customizable Layer 2 rollup framework, has officially launched its mainnet and opened airdrop claims for its native INIT token. The launch marks the transition from an extended testing phase into live network operation, with Initia positioning itself as infrastructure for “full‑stack” appchains aiming to reduce fragmentation across multi-chain ecosystems. The mainnet went live on April 24, 2025, alongside the INIT token generation and initial distribution. As part of the launch, Initia activated a 50 million INIT airdrop, representing 5% of the total 1 billion INIT supply, primarily targeting early testnet users, ecosystem partners, and social contributors. Around 90% of the airdrop (roughly 44.7 million INIT) is allocated to 2024 testnet participants, with smaller portions reserved for partner network users (LayerZero, IBC, MilkyWay) and active community members. Eligible users can check and claim their allocations via the official airdrop portal, but the claim window is limited to 30 days from mainnet launch, ending on May 24, 2025 at 10:00 UTC. The event is significant because it decentralizes token ownership early, bootstraps network usage, and operationalizes Initia’s tokenomics design, where half of the total supply is dedicated to long-term incentives such as staking, liquidity, and participation rewards.
AI-generated background, compiled from web sources — not editorial content.
Loading related coverage…
Loading comments…
Initia halts network after MoveVM bug lets attacker spoof state and mint $2.7M in unbacked tokens
𝕏/@initia
People search API launches with 1 billion profiles for agents to find decision makers, founders and engineers
𝕏/@mynameisyahia
US banks are finding unauthorised AI agents inside customer accounts, some acting without user instructions. Morgan Stanley, JPMorgan, BofA and Citi are now restricting agent access.
Axios
MiniMax releases M3.1 Flash, claiming frontier-level AI performance at one-third the cost and three times the speed
𝕏/@minimax_ai
Coinbase launches 'for Agents' page to connect ChatGPT, Grok, and other AI agents to its platform
𝕏/@CoinbaseDev
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Restoring your session before loading comments…

𝕏/@initia ·

𝕏/@spreekaway ·

The Block ·

𝕏/@initiaFDN ·

𝕏/@initia ·

𝕏/@spreekaway ·

The Block ·

𝕏/@initiaFDN ·