Mark your calendars for March 16, 2026, which is the official start date for Season 1 of $ initiate: The Initia Hackathon. Right now, we are actively seeking talented builders, assembling innovative ideas, and getting ready to launch revenue-maxxing apps.
It has been quite some time since we last provided a summary, so we are excited to reintroduce these updates. Here are the key highlights from VIP Stage 22. During this period, approximately ~673,051.99 $INIT was allocated across participating users and rollups. Currently, @Inertia_fi holds the number one position on the VIP leaderboard. Furthermore, the largest reward secured by an individual participant totaled 90,918.06 $INIT.
We are pleased to share news of a recent enhancement to the VIP mechanism. Thanks to this upgrade, you are now able to keep collecting existing VIP rewards associated with delisted chains via a linear vesting schedule. This benefit remains available to you regardless of your specific scoring or L2 activity levels.
We are excited to debut $iUSD, which operates as the native stablecoin for Initia. Gain insights into $iUSD to secure your share of the $35,000 provided in bonus rewards.
When creating games, developers require an environment characterized by rapid speeds, background signing processes, and smooth user introduction. Initia provides precisely these features, offering 100ms blocks, auto-signing, and single-click deposits compatible with any chain. Furthermore, the platform guarantees that no value leaks to external chains. Start your journey and build with Initia.
Applications developed on Initia can now implement one-click deposits from any source using just a few lines of code. This approach creates an uninterrupted user journey by removing bridge user interfaces and redirects, meaning users never have to exit your app.
We hope you have a thriving Year of the Horse 🧧✨. To mark the festivities, our team is kicking off a special bounty Sprint. This event features 12 zodiac-themed challenges and offers a $500 prize pool. The campaign begins today and is set to conclude on 3rd March.
It is time to build applications, collect fees, and deploy rapidly. With a rate of 10¢ per transaction, a volume of 1M transactions totals $100K in value capture. Initia.
Claude, please proceed with the deployment of the Jennie chain and drive it to $1M in MRR. It is critical that you execute this without error and make no mistakes.
To elevate the user experience, we have implemented a suite of recent UX updates. These enhancements include the Initia wallet, Social login via Privy, Auto-signing via Ghost wallet, and Instant bridging. Our attention now turns to the next development: Seamless cross-chain deposits. We believe that while exceptional infrastructure is foundational for appchains, providing users with the ability to easily navigate the ecosystem is equally important. We continue building for both.
Civitia, Keplr, and Initia are uniting for a special broadcast. Be sure to tune in tomorrow at 3 PM UTC to hear directly from @zedjakiran, @dogemos, and @sukriti2108. They will be exploring the details of the sponsored season and providing a closer look at Civitia's Oko by Keplr wallet experience.