Klaytn (KLAY) is a cryptocurrency that powers a global Layer 1 public blockchain designed to enable fast, secure, and seamless transactions. Developed by GroundX, a subsidiary of Korea's largest mobile platform Kakao, Klaytn was officially launched in June 2019 and has since become the dominant blockchain platform in South Korea ¹ ².$KLAY

*Key Statistics:*

- _Market Capitalization:_ $534 million ¹

- _Circulating Supply:_ 3.8 billion KLAY ¹

- _Total Supply:_ 5.8 billion KLAY ¹

- _All-Time High:_ $4.38 (April 2021) ¹

- _All-Time Low:_ $0.05733 (May 2020) ¹

*What makes Klaytn unique?*

Klaytn offers several features that set it apart from other blockchain platforms. These include:

- _1-second deterministic finality_: Transactions are confirmed in just one second, making it ideal for real-time applications ².

- _Data guarantee_: Klaytn's consensus algorithm ensures that data recorded on the blockchain is correct and irreversible ².

- _Ethereum equivalence_: Klaytn supports Ethereum Virtual Machine (EVM) and is compatible with Ethereum's technical stack ².

- _Unique governance structure_: Klaytn's Governance Council comprises leading global enterprises and DAOs