Initia announces launch of 50 million initial token airdrops, accounting for 5% of total supply

L1 blockchain Initia announced that it will distribute 50000000 Initiat tokens (5% of the total supply) to reward network testers, advocates, and technology users. Airdrop distribution: Test Network Participants: 44731300 Initiate, accounting for 89.46%, with 194294 users meeting the criteria. Interwoven Stack partners: 2250000 Initiates, accounting for 4.50%, will be rewarded to active users in the LayerZero, IBC, and milkTIA ecosystems. • Social contributors: 3018700 Initiate, accounting for 6.04%, including Discord, Telegram, and X/Twitter active users. Users can check their airdrop eligibility on airdropinconitia.xyz and receive their allocation within 30 days after the launch of the Initia public mainnet. The official statement clearly states that Initia contributors are not eligible for airdrops, and their wallets and social accounts have been excluded from the list.