At New York's historic Hall des Lumières, Injective unveiled groundbreaking tools bridging blockchain theory with practical application. The summit's centerpiece — iBuild — enables non-technical users to create financial applications through natural language prompts. Imagine describing a lending platform and receiving production-ready code within minutes.
The revamped Community Burn mechanism replaces winner-take-all auctions with accessible participation slots. 【50-100 monthly positions】 now allow broader user engagement, with committed INJ tokens burned proportionally. This evolution maintains deflationary pressure while distributing value capture across the ecosystem — a notable shift from the previous $100,000+ barrier entries.
Injective's newly formed Council brings together executives from Deutsche Telekom, Google Cloud, and Galaxy Digital. ——This brain trust will guide protocol upgrades every two months—— ensuring institutional expertise informs decentralized development. The hybrid governance model blends community input with professional oversight.
The launch of the Injective Revenue Fund introduces real-time tracking of onchain income streams. This transparent accounting enables more informed token burn decisions while funding ecosystem initiatives — creating a self-reinforcing cycle between network activity and participant rewards.
The choice of venue — a converted 19th-century bank — symbolically underscored the event's theme of financial reinvention. As Eric Chen, Injective Foundation CEO, observed: "We're moving beyond theoretical potential to deliver tools that make decentralized finance tangible for everyday users." With these developments, blockchain's promise inches closer to mainstream reality.