Crypto Project Launches Massive 50 Million Token Airdrop for Early Supporters
Initia, a blockchain project focused on building multi-chain infrastructure, is gearing up for its mainnet launch with a major airdrop initiative.
To recognize early supporters, the project plans to distribute 50 million INIT tokens, making up 5% of its total supply of 1 billion tokens.
The bulk of the airdrop, around 44.7 million tokens (90%), is set aside for nearly 195,000 users who actively participated in Initia’s 2024 testnet campaigns.
These campaigns featured interactive on-chain events, including “Jennie,” a virtual pet breeding experiment designed to test the project’s infrastructure capabilities.
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Apart from testnet participants, Initia will also reward users from its ecosystem partners, including LayerZero, IBC, and MilkyWay. About 2.25 million tokens (4.5%) will go to active users from these networks based on their transaction records.
An additional 3 million tokens (6%) are designated for community members who contributed to Initia’s growth through social engagement on platforms like Discord, Telegram, and X.
The Initia Foundation clarified that internal contributors would not be part of the airdrop, ensuring that the tokens go to the broader community. Eligible users can verify their status through Initia’s official airdrop platform.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
