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