diff --git a/changelog.md b/changelog.md
index cc5032b2cc..d7f1dfbe1c 100644
--- a/changelog.md
+++ b/changelog.md
@@ -51,6 +51,7 @@
 - [#3726](https://github.com/ignite/cli/pull/3726) Update TS client dependencies. Bump vue/react template versions
 - [#3728](https://github.com/ignite/cli/pull/3728) Fix wrong parser for proto package names
 - [#3729](https://github.com/ignite/cli/pull/3729) Fix broken generator due to caching /tmp include folders
+- [#3767](https://github.com/ignite/cli/pull/3767) Fix `v0.50` ibc genesis issue
 
 ## [`v0.27.2`](https://github.com/ignite/cli/releases/tag/v0.27.2)
 
diff --git a/ignite/templates/app/files/app/app.go.plush b/ignite/templates/app/files/app/app.go.plush
index 194f2a58f8..cbcb43e814 100644
--- a/ignite/templates/app/files/app/app.go.plush
+++ b/ignite/templates/app/files/app/app.go.plush
@@ -177,15 +177,15 @@ func New(
 		appConfig = depinject.Configs(
 			AppConfig(),
 			depinject.Supply(
-				// supply the application options
+				// Supply the application options
 				appOpts,
                 // Supply with IBC keeper getter for the IBC modules with App Wiring.
                 // The IBC Keeper cannot be passed because it has not been initiated yet.
                 // Passing the getter, the app IBC Keeper will always be accessible.
-                // This needs to be removed after IBC supported App Wiring.
+                // This needs to be removed after IBC supports App Wiring.
                 app.GetIBCKeeper,
                 app.GetCapabilityScopedKeeper,
-				// supply the logger
+				// Supply the logger
 				logger,
 
 				// ADVANCED CONFIGURATION
@@ -323,7 +323,7 @@ func New(
 	// However, when registering a module manually (i.e. that does not support app wiring), the module version map
 	// must be set manually as follow. The upgrade module will de-duplicate the module version map.
 	//
-	// app.SetInitChainer(func(ctx sdk.Context, req abci.RequestInitChain) abci.ResponseInitChain {
+	// app.SetInitChainer(func(ctx sdk.Context, req *abci.RequestInitChain) (*abci.ResponseInitChain, error) {
 	// 	app.UpgradeKeeper.SetModuleVersionMap(ctx, app.ModuleManager.GetVersionMap())
 	// 	return app.App.InitChainer(ctx, req)
 	// })
@@ -353,8 +353,7 @@ func (app *App) AppCodec() codec.Codec {
 
 // GetKey returns the KVStoreKey for the provided store key.
 func (app *App) GetKey(storeKey string) *storetypes.KVStoreKey {
-	sk := app.UnsafeFindStoreKey(storeKey)
-	kvStoreKey, ok := sk.(*storetypes.KVStoreKey)
+	kvStoreKey, ok := app.UnsafeFindStoreKey(storeKey).(*storetypes.KVStoreKey)
 	if !ok {
 		return nil
 	}
diff --git a/ignite/templates/app/files/app/ibc.go.plush b/ignite/templates/app/files/app/ibc.go.plush
index 3682300472..2fa1ea3766 100644
--- a/ignite/templates/app/files/app/ibc.go.plush
+++ b/ignite/templates/app/files/app/ibc.go.plush
@@ -2,6 +2,7 @@ package app
 
 import (
 	storetypes "cosmossdk.io/store/types"
+	"github.com/cosmos/cosmos-sdk/types/module"
 	authtypes "github.com/cosmos/cosmos-sdk/x/auth/types"
 	govtypes "github.com/cosmos/cosmos-sdk/x/gov/types"
 	govv1beta1 "github.com/cosmos/cosmos-sdk/x/gov/types/v1beta1"
@@ -16,6 +17,7 @@ import (
 	icahost "github.com/cosmos/ibc-go/v8/modules/apps/27-interchain-accounts/host"
 	icahostkeeper "github.com/cosmos/ibc-go/v8/modules/apps/27-interchain-accounts/host/keeper"
 	icahosttypes "github.com/cosmos/ibc-go/v8/modules/apps/27-interchain-accounts/host/types"
+	icatypes "github.com/cosmos/ibc-go/v8/modules/apps/27-interchain-accounts/types"
 	ibcfee "github.com/cosmos/ibc-go/v8/modules/apps/29-fee"
 	ibcfeekeeper "github.com/cosmos/ibc-go/v8/modules/apps/29-fee/keeper"
 	ibcfeetypes "github.com/cosmos/ibc-go/v8/modules/apps/29-fee/types"
@@ -34,6 +36,7 @@ import (
 	// this line is used by starport scaffolding # ibc/app/import
 )
 
+// registerIBCModules register IBC keepers and non dependency inject modules.
 func (app *App) registerIBCModules() {
 	// set up non depinject support modules store keys
 	if err := app.RegisterStores(
@@ -162,7 +165,7 @@ func (app *App) registerIBCModules() {
 	app.ScopedICAHostKeeper = scopedICAHostKeeper
 	app.ScopedICAControllerKeeper = scopedICAControllerKeeper
 
-    // register IBC modules
+	// register IBC modules
 	if err := app.RegisterModules(
 		ibc.NewAppModule(app.IBCKeeper),
 		ibctransfer.NewAppModule(app.TransferKeeper),
@@ -175,3 +178,12 @@ func (app *App) registerIBCModules() {
 		panic(err)
 	}
 }
+
+// AddIBCModuleManager adds the missing IBC modules into the module manager.
+func AddIBCModuleManager(moduleManager module.BasicManager) {
+	moduleManager[ibcexported.ModuleName] = ibc.AppModule{}
+	moduleManager[ibctransfertypes.ModuleName] = ibctransfer.AppModule{}
+	moduleManager[ibcfeetypes.ModuleName] = ibcfee.AppModule{}
+	moduleManager[icatypes.ModuleName] = icamodule.AppModule{}
+	moduleManager[capabilitytypes.ModuleName] = capability.AppModule{}
+}
diff --git a/ignite/templates/app/files/cmd/{{binaryNamePrefix}}d/cmd/root.go.plush b/ignite/templates/app/files/cmd/{{binaryNamePrefix}}d/cmd/root.go.plush
index e60eba7ca8..9015b89c31 100644
--- a/ignite/templates/app/files/cmd/{{binaryNamePrefix}}d/cmd/root.go.plush
+++ b/ignite/templates/app/files/cmd/{{binaryNamePrefix}}d/cmd/root.go.plush
@@ -55,6 +55,10 @@ func NewRootCmd() *cobra.Command {
 	); err != nil {
 		panic(err)
 	}
+	// Since the IBC modules don't support dependency injection, we need to
+	// manually add the modules to the basic manager on the client side.
+	// This needs to be removed after IBC supports App Wiring.
+	app.AddIBCModuleManager(moduleBasicManager)
 
 	rootCmd := &cobra.Command{
 		Use:   app.Name + "d",