Modular appchain network Initia (INIT) announced via its official X that it has delayed the vesting cliff (unlock time) for INIT tokens allocated to early investors, founders, and the team by one year to April 2027. Regarding this, the Initia team explained, "We made this decision with gratitude for our backers and contributors' long-term belief in the project and the token. Over the next year, we will focus on apps and strive to ensure value is transferred to the INIT token."