Initia set to airdrop 50 million tokens, with 90% to testnet users, ahead of mainnet launch

Initia, a blockchain project building infrastructure for a multichain ecosystem, is set to airdrop 50 million INIT tokens to early supporters ahead of its upcoming mainnet launch.

The airdrop represents 5% of Initia's 1 billion total token supply. The vast majority — around 44.7 million tokens, or nearly 90% of the airdrop — will go to 194,294 users who participated in Initia's 2024 testnet campaigns. These programs involved interactive onchain tasks, such as raising a virtual pet named Jennie, and were designed to stress-test Initia's infrastructure.

The remaining allocation is divided between external ecosystem partner users and social contributors. About 2.25 million INIT tokens (4.5%) will go to active users of Initia's partner networks — LayerZero, IBC and MilkyWay — determined by transaction history.

Roughly 3 million INIT tokens (6%) are earmarked for social contributors who meaningfully engaged on Initia's Discord, Telegram and X, helping grow its social presence.

The Initia Foundation emphasized that internal contributors are excluded from the airdrop, with eligibility limited to the broader community. Participants can check if they qualify via Initia's official airdrop site, and will have 30 days to claim tokens once the mainnet goes live.

"This initial distribution of INIT through Initia's airdrop ensures that supporters from the earliest stages will have a say in Initia's evolution," the foundation said. "Initia's mainnet will focus on bringing value to the native economy: from L1 users to full-stack apps ranging from DeFi to fully onchain games and NFTs."

To date, Initia has raised over $24 million in funding from investors, including YZi Labs (formerly Binance Labs), Delphi Ventures, Hack VC and angel investors, via Echo, the investing platform founded by Jordan Fish, aka Cobie. As The Block previously reported, Initia's recent main VC round valued the token at $350 million , while the Echo round was raised at a $250 million valuation .

Initia is developing two core products: a Layer 1 blockchain and a platform for deploying "interwoven" optimistic rollups. Co-founder Ezaan Mangalji (aka "Zon") recently described the approach as building a multichain ecosystem across architecture, product and economic layers.

"Through designing an L1 in tandem to a network of interconnected L2s, Initia has built a system designed for a rollup-centric future," Zon told The Block last year.

Over a dozen projects are said to be building Layer 2 networks using Initia's interwoven stack.