BlockBeats News, April 17th, Zon, co-founder of the Layer 1 Rollup network Initia, stated in a social media post, "As early as the beginning of 2023, Binance Labs (now YZi Labs) became our first investor and the largest investor to date."
At that time, Initia was only relying on a vision and a minimal viable product (MVP) to survive, and fortunately, Binance Labs saw it. I prefer to believe that what they saw more importantly was the strength of the team we were building."
Today's report, Initia (INIT) has been launched on Binance Launchpool.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.