Injective (blockchain)
Cryptocurrency
From Wikipedia, the free encyclopedia
Injective (INJ) is a blockchain optimized for Web3 finance.
| |
| Denominations | |
|---|---|
| Code | INJ |
| Development | |
| Original author(s) | Eric Chen Albert Chon |
| White paper | https://injective.com/INJ_Tokenomics_Paper.pdf |
| Initial release | 2018 |
| Code repository | https://github.com/injectivelabs |
| Development status | Active |
| Source model | Open source |
| Ledger | |
| Block explorer | https://explorer.injective.network/ |
| Website | |
| Website | injective |
History
Injective was launched by Injective Labs, which was founded by Eric Chen and Albert Chon in 2018 through the first incubation program hosted by Binance Labs.[1]
In December, Injective launched a Testnet for a DeFi trading platform built on top of its layer.[2] In April 2021, the platform raised $10 million in a "party" funding round with participation from billionaire Mark Cuban.[3]
In July, Injective underwent a "CosmWasm mainnet" upgrade in order to bring scalable smart contracts to Injective.[4]
In January 2023, Injective launched a $150 million fund ecosystem initiative to accelerate interoperable infrastructure and DeFi adoption.[5]