2022: MVP Launch and 10K User Milestone

In 2022, we launched the first public version of the Inite platform, which included basic features for idea submission, collaboration, and staking. While still a minimum viable product (MVP), this release allowed us to start onboarding early adopters and gathering real-world data on user behavior and preferences.

Over the course of the year, we continued to iterate and improve on the MVP based on feedback from our growing community. We also launched several key initiatives to drive adoption and engagement, such as:

- Hosting a global innovation challenge with over 1,000 participants and $100,000 in prizes

- Launching our Ambassador Program to recruit and empower community leaders around the world

- Integrating with popular Web3 wallets and exchanges to make it easier for users to acquire and manage INIT and IDEA tokens

- Partnering with universities and research institutions to pilot Inite as a platform for academic collaboration and knowledge sharing

By the end of 2022, we had surpassed 10,000 registered users and 1,000 submitted ideas, validating our hypothesis that there was significant demand for a decentralised innovation platform.