BlockBeats News, on March 31st, the L1 blockchain Initia announced the launch of an airdrop, which will first distribute 50,000,000 INIT tokens (5% of the network's total supply) to network testers, advocates, and users of the technology. Initia testnet participants account for 89.46%, receiving 44,731,300 INIT; Interwoven Stack Partners airdrop accounts for 4.50%, receiving 2,250,000 INIT; and Social Contributors airdrop accounts for 6.04%, receiving 3,018,700 INIT. Users can now check their eligibility and claim their allocation within 30 days of the Initia mainnet launch.
Initia stated that the initial set of all Initia contributors were not eligible for the airdrop, and their wallets and social accounts have been excluded from the eligibility list.