Secondary trading is as calm as water, and the pursuit of new things is getting thirsty day by day.

As long as a new interactive project appears on the market, a large number of tutorials will be released overnight, attracting everyone to flock to it. In the FOMO mood, hunters are afraid of missing the next big thing.

With this enthusiasm, the most beautiful guy this week is undoubtedly Initia (@initiaFDN).

In just a few days, crypto Twitter was filled with interactive tutorials and project profiles about Initia. Some KOLs even joked that they should not post tutorials. The extremely high level of attention may make potential big hairy people turn into small hairy people due to competition.

Why is everyone so FOMO Initia? The luxury investment background is naturally the most attractive point.

In February this year, Initia received a $7.5 million seed round led by Delphi Ventures and Hack VC, with participation from well-known angel investors such as Cobie, Nick White and Smokey.

In the latest financing information disclosed by Rootdata, Binance Lab also participated in the financing of the project.

You can say that Meme is the focus in the current market, but it obviously does not mean that projects with this financing background will be ignored because of the extremely high airdrop expectations.

But when everyone focuses on the top-level financing background, there is a lack of detailed and popular introduction to what Initia itself is doing.

L1, L2, modular, full chain… Initia seems to be labeled with various hot labels, and putting multiple concepts together makes people a little confused.

Is this another homogeneous project at the intersection of hot narratives, or does it have its own unique innovations?

We looked at it carefully and found that this is not a simple L1 or L2 that combines individual indicators, but more like the glue and lubricant of all chains—-making a lot of friends and having a good experience. .

So, does Initia have a foothold in the fierce competition on the infrastructure track?

The More Chains, the More Modules, the More Anxiety

To answer this question, let’s take a look at what’s wrong with the current crypto market.

Everyone talks about building infrastructure. The large-scale construction has indeed enriched the ecology of the entire crypto world, but it also makes people suffer from difficulty in choosing.

The key factors that make the choice difficult are L2 and modularity.

L2BEATS data display, there are currently 52 L2s on the market, and 41 L2s are under construction…

Which chain to use? Which kind of Rollup is suitable? How to combine different functional modules to optimize performance or cost? In this fragmented technology ecosystem, every decision may become an adventure.

Obviously, the more chains and modules there are, the greater the anxiety and the worse the experience. You can easily feel the following problems:

1. Complex management: Need to manage multiple chains simultaneously, configure RPC for each chain, maintain separate wallets for non-EVM chains, utilize various bridges, pay gas in different tokens, and rely on multiple browsers for monitoring.
2. liquidity dispersion: Funds are locked on different chains and cannot move smoothly between these chains, limiting fund efficiency and accessibility.

It was originally intended to be convenient for users, but it ended up being divided into feudal lords fighting against each other.

Therefore, whether from the perspective of speculative narrative or from the perspective of solving practical problems, we seem to need an interconnected method to alleviate the above-mentioned experience anxiety and operational burden.

So, you can easily understand what Initia is going to do:

Instead of choosing just one in a vast multi-chain world, it is better to build an ecosystem that can connect vertically and horizontally.

Lobby manager L1, independent suite L2

So, how does Intia build this integrated ecosystem? Is it an L1 or L2?

Simply put, you can understand it as a modular Rollup network that adapts to the entire chain, and each Rollup can be interoperable and can access and communicate with each other.

Therefore, Intia has both L1 and L2 functions.

A bit convoluted?

Let’s start with a more common scenario —- staying in a hotel.

You book a suite at a hotel called Initia, and when you arrive to check in, you are bound to experience the following scenario:

First, you have to go to the front desk to check in. The staff will verify your identity information, assign a room, room card permissions, and tell you the rules for check-in and departure, while ensuring that the room you live in is empty.

Second, the suite you live in is pretty good and can meet your needs to see the sea; the guests in the next room have booked a parent-child room, which can also meet the needs of children’s entertainment rooms… Everyone can always ensure a separate room. Meet your own needs for specialization.

Third, since guests in different rooms belong to the same hotel and have the same standards, it is easy for you to visit each other through room numbers, corridors and directions. There is no problem of “separate rooms like mountains”.

Now you should understand Inita’s product design:

First, Initia has an L1, which plays a role similar to a hotel lobby. The key function is”arrangement”（orchestration layer), responsible for security, coordination and resource allocation.

Second, Initia has many independent Rollup L2s, which serve as different suites. They are officially named Minitia. A specific application can correspond to an L2, such as financial services, games or social networks. They maintain close connections with the L1 layer. At the same time, it can also operate independently.

Third, although each Minitia L2 is independent, its design based on common standards allows them to achieve cross-chain interoperability and seamlessly exchange data and assets. Therefore, the official also defines itself asA network that “interweaves different rollups”.

As for the specific technical architecture, Initia jointly created the above-mentioned hotel front desk and suites based on Cosmos, Celestia, OP-rollup and other technologies:

• Indian L1: Using Cosmos technology, it integrates multiple core modules, such as banking system (Bank), staking (Staking), virtual machines (MoveVM, WasmVM, etc.), decentralized exchange (DEX), LayerZero, IBC, etc., supporting a variety of Blockchain technology and optimized data processing. At the same time, it is based on the Comet Byzantine consensus to ensure the security and consistency of transactions and data processing in the network.

• Data Availability Layer (DA Layer): Celestia provides data storage and verification services to ensure the transparency and reliability of the network. The Batch Submitter is responsible for submitting transaction data to Celestia in batches to optimize processing speed and cost. The Output Submitter and Bridge Executor assist in processing cross-chain transactions and interoperation, ensuring that data and assets between different blockchains can be transferred safely and effectively.
• Optimized Rollup: As part of Optimistic Rollup, Challenger is responsible for monitoring and validating all transactions submitted to the chain, ensuring their correctness, and raising challenges when problems are discovered.
• Minitias (independent L2 network):Each Minitia focuses on a specific application, and Instant Bridges provides instant bridging services that enable the quick and secure movement of assets between Minitias.

• Communication outside the ecology: Through the Inter-Blockchain Communication (IBC) protocol and the Axelar network, Initia can perform efficient cross-chain interoperability with the Cosmos ecosystem and other blockchains (such as BSC, Ethereum, Arbitrum, etc.).

Through such a technical architecture, Initia is able to provide a highly modular, secure and easily scalable blockchain platform designed to simplify user experience in multi-chain environments and optimize developers’ ability to build applications. This design not only reduces operational complexity, but also greatly enhances the fluidity and interoperability of the entire system.

Move-in ready, plug-and-play suite facilities

The above design has achieved the interconnection of various L2s, but each L2 rollup of Initia also has its own characteristics.

Let’s take staying in a hotel as an example. When you enter the room, you don’t have to buy a bed, bring toiletries, or install a wardrobe. The room has already provided you with supporting facilities, and you can just use it.

Similarly, each Minitia is an L2 environment with complete built-in facilities for applications with different needs to be packed in and turned into a plug-and-play application chain without having to reinvent the wheel from 0 to 1.

Specifically, its built-in key components are as follows:

With these plug-and-play facilities, each Initia Minitia provides the optimal environment for a specific application. This design not only lowers the entry barrier for developers, but also accelerates application deployment and market promotion, allowing developers to focus on innovation rather than infrastructure construction.

Ecological projects and interactions worthy of attention

Currently, although Initia is in the test network stage, there are already ecological projects that have begun close cooperation. Among them worthy of attention are:

• Blakwing: A modular blockchain focused on realizing liquidation-free leveraged trading of long-tail assets through Limitless Pools. Blakwing has closed a $4.5 million seed round and quickly locked in more than $50 million in total value locked (TVL). Users can earn annualized returns (APR) of up to 89% by depositing assets.
• Lunch App: Aims to become the central hub for Web3 activities within and outside the Initia ecosystem. The platform reduces the friction of using Intertwined Rollup through social login and biometric transaction signatures. Users can participate in all on-chain activities on Minitias through a mobile application.
• Tucana: An intent-centric liquidity layer, DEX and trader-optimized L2 perpetual contract chain unify trading across modular networks. Tucana provides a lightning-fast trading experience and customized execution logic.
• MilkyWay: A modular chain is being developed to protect the ecosystem and the first LST is being developed for Celestia. MilkyWay recently completed a $5 million seed round and has over 156,000 milkTIA holders with a total locked value of $26.5 million.
• Against: As a market maker, Contro solves the problems of low liquidity and high fees. Its Gradual Limit Order Book (GLOB) system ensures a fair and scalable market. Users can obtain unique clearing prices without relying on traditional liquidity providers. Contro will debut in prediction markets, providing fair and scalable on-chain betting.
• Citizenship: It is a completely on-chain gamified social experiment where users can acquire land, earn income, and compete for global domination. It seamlessly combines elements of SocialFi and DeFi to create a unique experience.

At the same time, with the release of Initia’s test network, users can currently perform various interactive operations such as downloading wallets, receiving water, staking, and following social media. NFTs can now be collected after completing tasks.

Interested readers can visit Initia Chinese official recommendation, follow the official tutorial and perform the corresponding operations.

The hair is very curly, and the launch of projects like Initia is bound to attract more airdrop hunters. However, for projects with a luxurious investment lineup and narrative concepts that can solve the pain points in the market, making the greatest attempt within your own energy is still the best choice to obtain expected returns.

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