About Initia Labs

Initia is a network for omnichain rollups that integrates a novel Layer 1 orchestration layer with application-specific Layer 2 infrastructure, enabling developers to create customizable, high-performance application blockchains. This architecture eliminates fragmentation in modular networks, providing a unified experience and facilitating seamless cross-chain communication and interoperability.

<problem> Existing modular blockchain networks often suffer from fragmentation, leading to disjointed user experiences and hindering seamless cross-chain communication and interoperability between application-specific chains. This fragmentation makes it difficult for developers to build applications that can easily interact with different parts of the ecosystem. </problem> <solution> Initia provides a network for interwoven rollups, integrating a Layer 1 orchestration layer with Layer 2 infrastructure to enable developers to create customizable, high-performance application blockchains called "Minitias." This architecture aims to eliminate fragmentation by providing a unified experience and facilitating seamless cross-chain communication. The interwoven system binds modular networks through architectural ownership of the L1 orchestration layer, L2 network, and communication protocol. </solution> <features> - **Interwoven Layer 2 Network (Minitia):** Full-featured, product-ready application blockchains powered by the OPinit Stack. - **High Performance:** 500ms block time and 10,000+ TPS capability. - **Multi-VM Support:** Compatibility with Move, Solidity, and CosmWasm smart contracting environments. - **CosmosSDK Modules:** Ability to design a Minitia's chain stack and enhance application power through CosmosSDK modules. - **Customization:** Core-level control over ecosystem borders and transaction parameters, including gas fees and ordering. - **Interoperability:** Native cross-chain messaging via IBC, ecosystem-wide token and NFT fungibility, and instant bridging. - **Omnitia Shared Security:** Fraud-proof verification and rollbacks utilizing Initia’s L1 validators to secure and scale Minitias. - **Enshrined Liquidity:** Simultaneously secure the Initia network and deepen on-chain liquidity. </features> <target_audience> The primary target audience includes Web3 developers looking to build high-performance, interoperable decentralized applications, and those seeking a customizable blockchain environment with shared security and enshrined liquidity. </target_audience>

What does Initia Labs do?

Where is Initia Labs located?

Initia Labs is based in Singapore, Singapore.

When was Initia Labs founded?

Initia Labs was founded in 2023.

How much funding has Initia Labs raised?

Initia Labs has raised 20000000.

Location

Singapore, Singapore

Founded

2023

Funding

20000000

Employees

17 employees

Major Investors

Theory Ventures

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Initia Labs

Score: 100/100

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Executive Summary

initia.xyz 100+

Crunchbase

Founded 2023 – Singapore, Singapore

Funding

Estimated Funding

$20M+

Major Investors

Theory Ventures

Team (15+)

No team information available. Click "Fetch founders" to run a focused founder search.

Company Description

Problem

Existing modular blockchain networks often suffer from fragmentation, leading to disjointed user experiences and hindering seamless cross-chain communication and interoperability between application-specific chains. This fragmentation makes it difficult for developers to build applications that can easily interact with different parts of the ecosystem.

Solution

Initia provides a network for interwoven rollups, integrating a Layer 1 orchestration layer with Layer 2 infrastructure to enable developers to create customizable, high-performance application blockchains called "Minitias." This architecture aims to eliminate fragmentation by providing a unified experience and facilitating seamless cross-chain communication. The interwoven system binds modular networks through architectural ownership of the L1 orchestration layer, L2 network, and communication protocol.

Features

Interwoven Layer 2 Network (Minitia): Full-featured, product-ready application blockchains powered by the OPinit Stack.

High Performance: 500ms block time and 10,000+ TPS capability.

Multi-VM Support: Compatibility with Move, Solidity, and CosmWasm smart contracting environments.

CosmosSDK Modules: Ability to design a Minitia's chain stack and enhance application power through CosmosSDK modules.

Customization: Core-level control over ecosystem borders and transaction parameters, including gas fees and ordering.

Interoperability: Native cross-chain messaging via IBC, ecosystem-wide token and NFT fungibility, and instant bridging.

Omnitia Shared Security: Fraud-proof verification and rollbacks utilizing Initia’s L1 validators to secure and scale Minitias.

Enshrined Liquidity: Simultaneously secure the Initia network and deepen on-chain liquidity.

Target Audience

The primary target audience includes Web3 developers looking to build high-performance, interoperable decentralized applications, and those seeking a customizable blockchain environment with shared security and enshrined liquidity.