What is the benefits of becoming a Minitia instead of creating our own blockchain?

Choosing to become a Minitia on the Initia platform instead of creating an independent blockchain offers several advantages, particularly in terms of scalability, interoperability, user experience, and economic efficiency. Here are the key benefits:

Simplified User and Developer Experience

• Unified Token Standards: Initia eliminates the fragmented experience of multi-chain systems, where users often encounter multiple bridged and wrapped versions of the same token. As a Minitia, you gain access to the same USDC across the ecosystem, simplifying the user experience and enabling a new class of products.

• Seamless Onboarding and Fiat Integration: Minitias can seamlessly onboard users from external ecosystems and integrate fiat onramps without added trust assumptions. This is facilitated by partnerships, such as with @kado_money, allowing users from 160+ countries to onramp to Native USDC directly into L2 applications quickly and at a low cost.

Enhanced Scalability and Readiness

• High Performance: Minitias are designed to be the most production-ready rollups in the market, supporting 500ms blocks with 10,000+ transactions per second (TPS), multiple contracting environments (MoveVM, EVM, and WasmVM), and decentralized sequencers. This ensures high scalability and performance for applications.

Economic and Security Benefits

• Native Stablecoin Access and Fiat Rails: Every Minitia comes with native stablecoin access and fiat rails out-of-the-box, significantly lowering the barrier for creating economically viable and user-friendly applications[1].

• Omnitia-wide Asset Fungibility: Assets are fungible across the entire Initia ecosystem, enabling instant bridging and fiat onramps. This economic alignment across users, developers, L2 app chains, and the L1 fosters a cooperative and thriving environment.

Infrastructure and Tooling Support

• Comprehensive Infrastructure Tools: Initia provides a suite of infrastructure tools, including an app, wallet, explorer, and widgets, making it easier for developers to build and for users to navigate the modular multichain ecosystem. This support infrastructure is crucial for reducing development time and complexity.

Strategic and Community Advantages

• Part of a Growing Ecosystem: By becoming a Minitia, projects can leverage the growing Initia ecosystem, benefiting from shared security, interoperability features, and a community of users and developers. This collaborative environment can accelerate growth and adoption.

In summary, becoming a Minitia on the Initia platform offers projects a streamlined path to leveraging advanced blockchain technology with built-in scalability, interoperability, and user experience benefits. It provides a supportive infrastructure and ecosystem that can be challenging and resource-intensive to replicate independently.