Information about Kaia Coin (KAIA) Project:
### Basic Information:
- Kaia Chain: Kaia is a Layer 1 blockchain project based on Ethereum. It is designed to provide fast transaction times, low gas fees, and high scalability.
- Ecosystem: Kaia aims to offer Web3 technology to a large user base in Asia. In this context, it has access to a significant user base, especially with the support of the LINE messaging app and Kakao.
### Project Highlights:
- LINE and Kakao Integration: Kaia integrates with major messaging apps like LINE and Kakao, allowing users of these platforms to develop and use blockchain-based applications (Dapps). This means a large user base and high adoption potential for KAIA.
- Performance and Cost: Kaia Blockchain offers 1-second precision and low gas fees. This is especially important for microtransactions and large-scale user interactions.
- Token Usage: KAIA token is used to pay transaction fees on Kaia Chain. It also plays an active role in staking and other DeFi applications.
- Binance Support: KAIA is listed and integrated on Binance's various platforms. This increases the liquidity and accessibility of the token.
### Latest Developments:
- With the launch of Kaia, 1-second precision and low-cost transaction processes have begun.
- This information summarizes what the Kaia Coin project is about, what benefits it offers, and recent developments.
##### WELCOME!
Layer-1 blockchain from two major chat apps in Asia
Launched as the world's fastest EVM blockchain with 1-second finality, ultra-low gas fees, and support from leading Asian web3 partners like Kakao and LINE NEXT
Kaia was created in April as a result of the merger of Kakao’s Klaytn and LINE’s Finschia.
LINE is a leading chat app in Japan, Taiwan and Thailand, while Kakao dominates a messaging app used by 96% of South Koreans. According to the press release, the two apps have a combined total of more than 250 million users.
Through its close interaction with messaging apps Kakao and LINE, Layer-1 blockchain aims to solve Web3’s user experience and distribution issues. Ultimately, it aims to create an ecosystem that supports DeFi, gaming, real-world assets, and web-based chatbots.
Through its NEXT WEB software development kit (SDK), Kaia aims to enable developers to create small dApps (distributed applications) on LINE Messenger, thus enabling “Telegram-style native app integration.”
“By leveraging Kaia’s low TX latency, account abstraction, and fee delegation capabilities, developers can create a seamless user experience from start to finish while expanding their reach to hundreds of millions of LINE users,”
Alongside the mainnet launch, a developer support program called Kaia Wave was also announced. Using the NEXT WEB SDK, eligible teams will receive marketing, technology, and business support worth $1.2 million per team. Future token production events and liquidity support are also among the other benefits.
Here is the latest information about Kaia (KAIA) coin:
- Current Price: Kaia's price today is approximately $0.2193 USD. The 24-hour volume is $100,768,060 USD and the price is down 6.06% in the last 24 hours.
- Market Cap: Kaia has a market cap of $1,633,881,045 USD and is ranked#77on CoinMarketCap.
- Circulating Supply: Kaia's circulating supply is 5,895,079,875 KAIA.
- Trading on Exchanges: KAIA tokens are traded on various centralized exchanges. Among the most popular exchanges is Binance. Especially on Binance, the KAIA/USDT pair is quite active, recording a trading volume of $42,386,484.88 in the last 24 hours.
- Finschia and Klaytn Merger: Kaia was formed by the merger of Finschia and Klaytn. It is stated that the total supply will increase after this merger.
- Community and Market Situation: The community has a generally positive outlook on Kaia's future. However, investors should be careful given price fluctuations and market conditions.
Updates and Improvements: Regular updates to tools like Kaia Portal improve the user experience and add new features.
I'm waiting for your comments.
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