Back to Organizations
Initia
Initia is a network for interwoven rollups, providing a Layer 1 blockchain on Cosmos with app-specific Layer 2s using Optimistic rollups. It aims to simplify the creation of scalable, interconnected applications through a unified infrastructure and aligned economic incentives.
Distributed
Description
Initia is a network for interwoven rollups designed to unite full-stack applications and unlock value through its integrated infrastructure and aligned economic model. At its core, Initia is a Layer 1 blockchain built on Cosmos that utilizes Optimistic rollups to establish a scalable system of application-specific blockchains (Layer 2s). This architecture facilitates seamless communication between different applications, allowing them to share security and a user base while operating in their own dedicated environments. The platform's core philosophy involves making opinionated decisions on foundational infrastructure like data availability, interoperability, and oracles. This approach, termed the Interwoven Stack, aims to reduce decision fatigue for developers, empowering them to create powerful, interconnected applications without the usual complexities of cross-chain communication. The economic model is structured to align the interests of users, developers, and the network, promoting a collaborative and sustainable ecosystem.Grant Funding
VC Funding
None
2024
$0
$24M