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Injective’s on-chain inscription project INJS will integrate the PoW mechanism

The inscription project INJS on the Injective chain announced on X platform that it will integrate PoW mechanism and restart the project, planning to go live at 22:00 on January 3.

A total of more than 5.8 million INJ tokens have been destroyed since the Injective mainnet was launched.

Injective announced on X platform that as of today, a total of over 5.8 million INJ tokens have been destroyed since the launch of the autonomous network.

Injective ecological Launchpad platform Moon App will launch APP tokens in January

DeepChain, the Injective ecosystem Launchpad platform Moon App announced that it will airdrop $400,000 worth of APP tokens to the Injective community and launch the APP token in January.Users can earn $APP token points by completing simple tasks on the Moon App, such as inviting friends and trading.In addition, it stated that the Moon App's native token APP IDO is currently underway.

Who Won Crypto in 2023? The CoinDesk Market Index Broken Down in 6 Charts

Tokens from Injective, a layer-1 blockchain in the Cosmos ecosystem, and Render, a GPU rendering network that migrated this year to Solana from Ethereum, dominated the year's return rankings among the CoinDesk Market Index (CMI) benchmark index of 184 digital assets.
Who Won Crypto in 2023? The CoinDesk Market Index Broken Down in 6 Charts

INJS: Minting will be conducted in multiple rounds, each round lasting 1,500 blocks

The Injective Protocol's INJS token project announced on social media that in order to ensure smooth network operation, INJS will be minted in multiple rounds, with each round lasting for 1500 blocks. Only minting within the specified block range will be considered valid, and the official will issue a reminder about half an hour before each round of minting begins. The block range for the first round of minting is: 55,051,600 to 55,053,100.

Yesterday, the number of Injective daily active addresses exceeded 143,000, a record high

According to INJ Hub monitoring, on December 19, the number of active addresses of Injective reached a new historical high, exceeding 143,000, which is three times the number of active addresses the previous day and 20 times the number of active addresses 10 days ago.

INJS announces it will stop minting coins and will return all funds

INJS announced to stop minting coins. After listening to the community's opinions and discussing with Injective, all funds will be returned. The plan is to restart the free and fair coin minting plan later, please wait for further announcements for more details.

Injective: Please do not participate in INJS minting

Injective official post reminded that please do not participate in INJS minting.

INJS: Abnormal engraving activity was found, and the Memo field of the Mint rule has been updated.

The Injective Inscription project INJS has detected some abnormal inscription activities on its social platform. Users are advised to note that the inscription process has not yet begun. The Memo field in the Mint rules has been updated and users can refer to the official documentation.Injective Inscription INJS will start inscription at 23:00 tonight and will launch the inscription market.

INJ briefly exceeded $40 and continued to hit a new all-time high

According to OKX market information on December 19th, INJ short-term breakthrough 40 US dollars, now quoted at 40.01 US dollars, a 24-hour increase of 33.52%, continuing to create a historical high. Prior to this news, the first inscription project of Injective, INJS, is expected to start inscription at 23:00 today.