In the Kaia ecosystem, in addition to using $KAIA tokens through trading, governance, and incentive mechanisms, users can also earn points by completing specific tasks, which can then be exchanged for Kaia tokens ($KAIA ). This approach not only enhances user engagement but also provides a more accessible entry point into the Web3 world for new users.
Task and Points System
To promote community growth and user interaction, Kaia has introduced a task and points system. Users can earn points by participating in a series of activities, including but not limited to:
- Learning and Education: Participate in online courses or webinars about blockchain technology and the Kaia ecosystem.
- Community Contribution: Provide valuable content to Kaia's official forum, social media platforms, or other community channels, or help answer questions from other members.
- Promotion and Marketing: Share information about the Kaia project with more people, invite friends to join the Kaia community, or participate in promotional activities.
- Use Mini Dapps: Try out and actively provide feedback on the new Mini Dapps experience, and suggest improvements.
- Development and Innovation: Submit code improvements, security audits, or develop new DApps for the Kaia network.
Whenever a user successfully completes one of the tasks mentioned above, they will receive a certain number of points. These points can accumulate, and when a specific threshold is reached, users can choose to redeem their points for $KAIA tokens. This mechanism is designed to encourage ongoing participation and support the healthy development of the entire ecosystem.
Kaia coin is the native utility token of the Kaia blockchain network, playing a key role in various aspects of the Kaia ecosystem. Kaia was created by merging two chains, Klaytn and Finschia, aiming to create a high-performance public blockchain platform focused on providing scalability and security for Web3 applications. The ecosystem particularly emphasizes collaboration with LINE, a large-scale communication application in the Asian market, to bring Web3 services to a broader user base.
Mini Dapps
Kaia's Mini Dapps are small decentralized applications directly available in the LINE Messaging super app. They are designed to provide users with a convenient and high-quality Web3 experience without leaving their preferred chat environment. These Mini Dapps have been rigorously screened to ensure their security and user experience. The first batch of services includes but is not limited to Web3 games, healthcare applications, etc., and since September, over 800 teams have applied to join the Kaia Wave program, from which 30 DApps were ultimately selected to become the first officially launched mini-programs on LINE Messenger.
Some featured functions of Mini Dapps include:
- Non-custodial Digital Wallet: Simplifies users' cryptocurrency management.
- Zero-fee Delegation and Instant Transactions: Makes transfers and transactions more efficient.
- Discovery Tools and Seamless Integration: Helps users easily find and use these mini applications.
Ecosystem Development
Kaia is committed to attracting developers and supporting community growth through various means, such as hosting hackathons, monthly Meetups, AMA sessions, etc. At the same time, Kaia has launched the D2I program to rebuild and develop its DeFi ecosystem and has introduced projects like Avalon Labs to enhance lending and other financial services. In addition, Kaia is actively building a meme economy, launching a memecoin platform KaiaFun similar to Pump.fun, and developing stablecoin and other financial infrastructure to promote the healthy development of the entire ecosystem.
In summary, Kaia is striving to build a comprehensive Web3 platform, with KAIA tokens and Mini Dapps being important components to achieve this goal.
