Shows a positive outlook
KAIA is the native token of the Kaia ecosystem.
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, 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.
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 current price is approximately $0.2268 USD.
- 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.
Kaia is a blockchain project that stands out as the largest Web3 ecosystem in Asia. Here are some important information about Kaia:
- Merger: Kaia was formed by the merger of the Klaytn and Finschia blockchains. This merger allowed projects launched by Kakao and LINE to join forces.
- User Base: By leveraging the user base of Kakaotalk and LINE messaging apps, Kaia aims to deliver the Web3 experience to over 250 million users. This allows users to experience Web3 with the ease and speed of Web2.
- Technical Specifications:
- Kaia uses the Practical Byzantine Fault Tolerance (pBFT) consensus mechanism. This enables it to deliver a performance of 4,000 real-world transactions per second (TPS), with a block time of 1 second and instant final finality.
- Optimized for fast and secure transactions.
- KAIA Token:
- It is traded on centralized exchanges, some of the popular exchanges are Binance.
- As of the end of 2024, the price and market situation of the KAIA token are changing, and its price has been on a downward trend in recent days.
- Additional Developments and Services:
- KaiaScan is a block explorer used to monitor activities on the Kaia blockchain.
- Kaia Portal, a platform that allows users to discover Dapps and earn rewards.
- Initiatives to increase user engagement, such as the LINE Mini Dapps campaign.
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