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Injective
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Injective

Injective INJ

The open interoperable smart contract platform optimized for DeFi applications.

About

Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. Injective uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols.

Built with Cosmos-SDK, Injective utilizes an Ignite (formerly Tendermint) proof-of-stake consensus mechanism for secure transactions with instant finality.

INJ is the native utility and governance token for Injective. It plays an integral role in protocol security, market maker and relayer incentives, derivatives collateralization, and more.

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KEY FEATURES

  • Layer-1 smart contract blockchain: Injective provides a start of the art interchain L1 that is able to achieve ultra fast speeds while charging zero gas fees.
  • Unlimited DeFi applications: Injective allows anyone to build DeFi applications with Injective’s robust infrastructure and financial primitives such as an on-chain orderbook.
  • Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks such as Cosmos and Ethereum.
  • Community driven network governance: Injective is governed by its decentralized community in which all new innovations are voted on by a Decentralized Autonomous Organization (DAO) structure.
  • Pioneering interoperability: Injective is the most interoperable blockchain with native connections to Etheruem, Cosmos, Solana and much more.
  • Fully Customizable: Ship your products with the ability to swiftly modify any parameter to fit your use case.
  • Intuitive developer experience: Flexible and expressive development environments powered by Rust and Golang.
  • Environmentally Friendly: A 99% lower carbon footprint through Injective’s Tendermint PoS consensus mechanism.

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Oct 13th, 2020 12:00 am (UTC)

  • IEO Closing Date:

    Oct 19th, 2020 12:00 am (UTC)

  • TOKEN DETAILS

  • Symbol:

    INJ

  • Blockchain Type:

    ERC20, BEP20

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    3 600 000 USD

  • Total Token Supply:

    100 000 000INJ

  • Tokens for Public Sale:

    9 000 000 INJ (9.0000% of total token supply)

  • Public Sale Token Price:

    1 INJ = 0.4 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Distribution

    Within 15 days after the end of token sale

  • Accepted Currencies

    BNB

  • Token Sale Format

    Lottery

  • Max Number of Winning Lottery Tickets

    18 000

  • Allocation Per Winning Ticket

    200

  • Seed Sale Token Price

    0.0833

  • Seed Sale Allocation

    6000000

  • Seed Sale Allocation

    7 month cliff, 1/3 vesting semi-annually

Lottery Timeline
  • 2020/10/13 0:00 AM (UTC) to 2020/10/19 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 6-day period. Your final average daily BNB balance over these 6 days will determine the number of tickets that you will be able to claim.
  • 2020/10/19 6:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period (ticket allocation and BNB holding rules). Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note that users will only be able to claim tickets once.
  • 2020/10/20 6:00 AM (UTC): Ticket claim closes and the lottery draw begins.
  • 2020/10/20 8:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from each winning users’ accounts. Please ensure you have sufficient BNB in your spot exchange account to be deducted within 24 hours if you have a winning ticket. Please note that BNB in open orders, margin accounts, lending products, sub-accounts, futures accounts, fiat accounts, Launchpool accounts, or card accounts will not be eligible to be deducted.
Lottery Ticket Allocation

  • Legal Information

  • Company Name:

    Injective Labs, Inc.

  • KYC:

    Required

  • Restricted Areas:

    Belarus, Burma, Crimea, Côte d'Ivoire, Cuba, Croatia, Democratic Republic of Congo, Mainland China, Iran, Iraq, Liberia, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe

Team

  • Eric Chen

    Eric Chen

    CEO

  • Albert Chon

    Albert Chon

    CTO

  • Max Kupriianov

    Max Kupriianov

    Principal engineer

  • Markus Waas

    Markus Waas

    Core engineer

  • Bojan Angjelkoski

    Bojan Angjelkoski

    Core engineer

  • Alex Athanasopulos

    Alex Athanasopulos

    Core engineer

  • Xinran Xu

    Xinran Xu

    BD

  • Boris Shevchenko

    Boris Shevchenko

    Technical Product Manager

Initial Offering News