Crypto Project Launches Massive 50 Million Token Airdrop for Early Supporters

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Crypto Project Launches Massive 50 Million Token Airdrop for Early Supporters

Initia, a blockchain project focused on building multi-chain infrastructure, is gearing up for its mainnet launch with a major airdrop initiative.

To recognize early supporters, the project plans to distribute 50 million INIT tokens, making up 5% of its total supply of 1 billion tokens.

The bulk of the airdrop, around 44.7 million tokens (90%), is set aside for nearly 195,000 users who actively participated in Initia’s 2024 testnet campaigns.

These campaigns featured interactive on-chain events, including “Jennie,” a virtual pet breeding experiment designed to test the project’s infrastructure capabilities.


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Apart from testnet participants, Initia will also reward users from its ecosystem partners, including LayerZero, IBC, and MilkyWay. About 2.25 million tokens (4.5%) will go to active users from these networks based on their transaction records.

An additional 3 million tokens (6%) are designated for community members who contributed to Initia’s growth through social engagement on platforms like Discord, Telegram, and X.

The Initia Foundation clarified that internal contributors would not be part of the airdrop, ensuring that the tokens go to the broader community. Eligible users can verify their status through Initia’s official airdrop platform.

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Alexander Stefanov

Reporter at Coindoo

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.

Source: https://coindoo.com/crypto-project-launches-massive-50-million-token-airdrop-for-early-supporters/