The Initia L1 is an interoperable network that employs MoveVM, the first integration of the Move Smart Contracting Language natively compatible with Cosmos' Inter-Blockchain Communication (IBC) protocol. Furthermore, Initia's architecture enables L2s to utilize EVM, WasmVM, or MoveVM while facilitating seamless messaging and bridging between them. Initia uses a robust economic system to align incentives throughout the entire ecosystem.

The founding team comprises former founders, staff-level engineers, and researchers from the Cosmos and Ethereum ecosystem. To date, Initia has partnered with numerous projects, including Binance Labs portfolio companies and top mobile game publishers worldwide. The funds raised will support the development of Initia’s infrastructure, the expansion of product tools, and the incubation of key application layer projects to expand the Initia ecosystem.

Initia

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