The Kaia (KAIA) project has brought several infrastructures and innovations to blockchain technology and especially the Web3 ecosystem:
- Fast Transaction Speed: Kaia offers near-instant transaction verification with a 1-second block time and instant finality. This significantly improves user experience and increases scalability.
- High Transaction Throughput: Kaia can process 4,000 transactions per second (TPS) using Practical Byzantine Fault Tolerance (pBFT), making it a highly efficient blockchain.
- Low Gas Fees: Kaia stands out with its ultra-low gas fees, which minimizes transaction costs for users.
- Web3 Integration: With the support of leading Asian web3 partners such as Kaia, Kakao and LINE NEXT, it makes Web3 technologies accessible through messaging applications. This opens the doors of Web3 to hundreds of millions of users and enables its widespread use.
- NEXT WEB SDK: NEXT WEB software development kit (SDK) is available for developers, which allows them to create small dApps (distributed applications) on LINE Messenger. This simplifies application development and improves user experience.
- Kaia Wave: The support program for developers ensures that eligible teams receive technology, business, and marketing support, thus contributing to the rapid development of innovations and projects in the Kaia ecosystem.
These innovations and infrastructures support Kaia's goal of delivering Web3 technologies to a large user base in Asia and playing a leading role in this field.
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 operates a messaging program used by 96% of South Koreans. The two apps have a combined user base of more than 250 million, according to the press release.
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, enabling
It aims to provide “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.
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 leads a messaging program used by 96% of South Koreans. According to the press release, the two apps have a combined total of over 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 $0.2213 USD. The 24-hour volume is $100,768,060 USD and the price is down 6.06% in the last 24 hours.
- Market Value: Kaia's market value is 1,633,881,045 USD
- 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.
- 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.
Account Abstraction and Fee Delegation: Kaia offers features like account abstraction and fee delegation to help developers make applications more accessible and user-friendly.
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