Interop: Unifying Blockchains with Seamless Cross-Chain Transactions Powered by ITR Token
1. What is INTEROP ?
Interop aims to unify all blockchains, expanding global participation in the decentralized economy (Web3). It provides technologies that enable access to assets and functionalities across any blockchain, creating an “internet of blockchains.”
Project Details
- Technology: Interop functions as a network that connects various blockchains, similar to an air traffic control system and a translator for different blockchain protocols. It ensures secure and verified information flow across the network.
- Use Case: Interop simplifies cross-chain interactions, allowing digital assets, data, and dApps to move seamlessly across different networks. It aims to make blockchain networks work together effortlessly.
Conclusion
Interop is focused on breaking down barriers between blockchains, making cross-chain interactions simpler and more efficient. Powered by the ITR token, it aims to drive interoperability, security, and innovation across the decentralized world.
2. Token Sales and Economics
| Token Name | INTEROP |
| Token Symbol | ITR |
| Token Decimal | 9 |
| Total Supply | 100,000,000 |
| Contract Address | BktKDghHufnhkGwz2NZEjAAc164WzTbuuNYtSA3Mts3X |
| Contract Verified? | Yes |
| Owner Program | BktKDghHufnhkGwz2NZEjAAc164WzTbuuNYtSA3Mts3X |
| Contract Type | SOLANA |
| Contract Language | Rust |
| Token Standard | 2 |
| Edition Nonce | 255 |
| Related Audit | 0 Available |
| Presale | 33.5% |
| Liquidity | 16.5% |
| Staking & Rewards | 15% |
| Development & Operations | 12% |
| Partnerships & Ecosystem | 8% |
| Team & Advisors | 7% |
| Marketing & Growth | 5% |
| Reserve/Treasury | 3% |
3. Roadmap and Updates
Q2 2024: Foundation Setup
- Protocol Design Finalization: Complete the design and structure of Interop’s modular interoperability layers.
- Smart Contract Audits: Conduct thorough security audits for Circuit, Gateways, and Interoperable Smart Contracts Repository.
- Early Partner Integrations: Collaborate with selected blockchain projects for early integration tests.
Q3 2024: Initial Rollout
- Phase 1 Launch: Release the core protocol and foundational features of Interop, enabling basic cross-chain transactions.
- Gateways Integration: Connect to Ethereum, BNB Chain, and other key L1 and L2 blockchains through Gateways.
- Light Client Plugins: Deploy light client plugins for Ethereum and EVM-compatible chains to streamline transaction validation.
- ITR Token Launch: Introduce ITR tokens for staking, governance, and cross-chain transaction fees.
Q4 2024: Expansion and Scaling
- Additional Chain Integrations: Expand support to more blockchains, including Solana, Avalanche, and Cosmos.
- Interoperable Smart Contracts Repository: Launch the repository, allowing developers to access and build cross-chain smart contracts.
- Executor Network Expansion: Grow the Executor network for faster, more decentralized cross-chain transactions.
- DeFi and NFT Bridges: Enable cross-chain DeFi protocols and NFT transfers, enhancing interoperability across ecosystems.
Q1 2025: Advanced Features
- Modular Layer Upgrades: Implement advanced features for modular layers, including improved scalability, privacy, and efficiency.
- Cross-Chain Governance: Introduce governance functionalities that allow for cross-chain voting and decision-making.
- API Enhancements: Develop and release a unified API to make it easier for developers to integrate Interop’s cross-chain functionalities.
- Partnership Expansion: Collaborate with more DeFi, NFT, and Web3 projects to broaden the Interop ecosystem.
Q2 2025: Ecosystem Growth
- Interoperable dApps Launch: Support the launch of interoperable decentralized applications (dApps) across multiple blockchains.
- Adoption Campaign: Launch marketing and developer outreach initiatives to drive adoption among projects, developers, and users.
- Cross-Chain Liquidity Pools: Enable cross-chain liquidity pools to support DeFi projects with enhanced liquidity across networks.
- Security Enhancements: Strengthen security protocols for large-scale interoperability, ensuring robust protection for cross-chain transactions.
4. Community
Check Out Other Token Research:
