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Cryptocurrency News Articles

Initia (INIT) Launched Its Mainnet and Airdrop Program on April 24

Apr 25, 2025 at 06:42 pm

The Layer-1 blockchain platform Initia launched its mainnet and airdrop on April 24. The official token is now live in the market and is gaining

Initia (INIT) Launched Its Mainnet and Airdrop Program on April 24

Layer-1 blockchain platform Initia launched its mainnet and native token on April 24. The official token is now live in the market and is gaining significant attention with the new launch and hype around the crypto project.

What’s more, the blockchain platform has allocated a part of the token to eligible users in the form of an airdrop, which is still ongoing. However, the window to claim the tokens is closing in 30 days, after which the unclaimed tokens will be burnt.

Let’s discuss how to claim the Initia airdrop tokens in detail.

Initia Mainnet Live, But Airdrop Closes in 30 Days

The Initia mainnet launch is part of the blockchain project’s vision of building an Interwoven Economy. For the same, they have launched the INIT token with a fixed supply of 1 billion, and these will play a significant role in supporting growth, security, and governance.

Now, the blockchain project has allocated 50M INIT tokens for the airdrop, which is 5% of the total supply. These tokens will be distributed among network testers, advocates, and early users of the platform. The Initia airdrop is live, but open for 30 days only, past which the unclaimed tokens will be unavailable.

The eligibility is decided based on the users’ testnet participation, social contribution, and other factors. Interestingly, in contrast to most crypto airdrops of 2025, INIT’s performance was least affected.

The token was launched with an initial price of $0.62 and surged to a high of $0.93 after a 50% rally. The uptrend is still maintained, as the token currently trades at $0.87 with a market capitalization of $132.09M, making it the perfect time to claim.

How to Claim Initia Airdrop tokens?

Along with the Initia mainnet launch, the token has become a hit among investors, as the claim rate has topped more than 80% in the 24 hours. Various crypto analysts have pointed out the reasons behind this success, including long open registration periods, multiple account linking options, clear communication, and much more.

Although most have already claimed the INIT airdrop token, the remaining could follow these steps:

It is important to note that these tokens would not be available after 30 days, i.e., 24 May. Investors must claim their tokens before that. Interestingly, after the Initia mainnet, another mainnet is to go live soon, as the R2 testnet launched. Stay updated.

Frequently Asked Questions (FAQs)

1. How many INIT tokens are allocated for the airdrop?

2. Who is eligible for the Initia airdrop?

3. What is the deadline to claim the INIT tokens?

Original source:coingape

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