Initia, a Layer-1 blockchain platform, recently launched its mainnet and airdrop on April 24, which has garnered significant attention in the crypto community. The platform’s official token, INIT, has been introduced with a fixed supply of 1 billion tokens, with 50 million tokens allocated to the airdrop, constituting 5% of the total supply. These tokens are being distributed to network testers, advocates, and early users of the platform. However, the airdrop is only open for 30 days, after which unclaimed tokens will no longer be available for claiming.
The Initia mainnet launch is a significant step towards realizing the project’s vision of building an Interwoven Economy. The INIT token will play a crucial role in supporting growth, security, and governance within the platform. Despite the initial price of $0.62, the token experienced a surge to a high of $0.93 following a 50% rally. Currently, INIT is trading at $0.87 with a market capitalization of $132.09 million, indicating a strong performance and making it an opportune time to claim the tokens.
Claiming the Initia airdrop tokens is a straightforward process that has seen a high claim rate of over 80% within the first 24 hours. To claim the tokens, users need to visit the Initia airdrop claim page, connect their crypto wallet used during testnet activities, follow the provided instructions on the screen, pay the required gas fees, and confirm the transaction. It is essential for investors to claim their tokens before the deadline of May 24, as unclaimed tokens will no longer be accessible after that date.
Investors can check their eligibility for the Initia airdrop based on their testnet participation, social contribution, and other activities by visiting the official website. By following the steps outlined for claiming the tokens and ensuring timely action before the deadline, investors can secure their share of the airdrop tokens. The success of the airdrop can be attributed to factors such as long open registration periods, multiple account linking options, clear communication, and strong community engagement.
As the Initia mainnet and airdrop gain traction in the market, crypto enthusiasts are encouraged to stay updated on the progress of the project. With the successful mainnet launch and growing interest in the INIT token, investors have a limited time to claim their airdrop tokens before the deadline. Additionally, the upcoming launch of another mainnet, R2 testnet, highlights the continuous development and expansion of the Initia blockchain platform. Stay informed and take advantage of the opportunity to claim your INIT tokens before the deadline passes.
