Kaia is a high-performance, EVM-compatible Layer 1 public blockchain formed through the merger of the Klaytn and Finschia blockchains, initially developed by South Korean internet giants Kakao and LINE, respectively. Designed to bring Web3 to millions of users across Asia, Kaia offers features such as immediate transaction finality with 1-second block times, high throughput supporting up to 4,000 transactions per second, and low transaction costs at approximately one-tenth the price of Ethereum. Its integration with popular messaging apps like Kakaotalk and LINE provides seamless access to over 250 million users, simplifying the onboarding process for new Web3 participants. As of December 18, 2024, Kaia's native token (KAIA) has a market capitalization of approximately $1.51 billion, with a circulating supply of around 5.89 billion KAIA tokens. Developers interested in building on Kaia can find resources and documentation on their official website and GitHub repository.
