Binance Launchpool Welcomes Initia (INIT), a New Layer-1 Ethereum Rival

Binance is adding Initia (INIT), a new layer-1 Ethereum competitor, to its Launchpool, offering users the chance to earn tokens by staking assets.

Initia aims to simplify the process for blockchain developers by providing a comprehensive infrastructure, the “Interwoven Stack,” that streamlines rollup creation and appchain development. This solution eliminates the need for developers to manually select and integrate multiple components, enabling them to focus on building and deploying applications more efficiently.

Clever Robot News Desk 19th April 2025

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