Initia has launched its mainnet and opened INIT airdrop claim.

BlockBeats News, April 24th, Full-chain Rollup L1 network Initia announced that its mainnet has gone live, and opened the Initia (INIT) airdrop for claiming, which will last for 30 days.

Initia's native token INIT has a fixed total supply of 1 billion, with 5% allocated for the airdrop. Additionally, the foundation holds 7.75%, protocol developers hold 15%, protocol sales hold 15.25%, and for initial CEX liquidity bootstrapping, 6% of the total supply is allocated to the Binance listing event.