The unique infrastructure of the giant project:
There are several key features that make the Kaia token (KAIA) unique:
- Integration and Accessibility: Kaia was born from the merger of Kakao’s Klaytn and LINE’s Finschia blockchains. This merger brings Web3 technologies to a wide range of users by providing integration with popular messaging apps such as Kakaotalk and LINE, which have a combined total of over 250 million users in Asia. This allows users to easily adapt to Web3 applications.
- High Performance: Kaia offers high performance with 1-second block times and instant final transaction confirmation. This is important in scenarios that require fast and precise transactions for blockchain applications.
- EVM Compatibility: The Kaia blockchain is compatible with the Ethereum Virtual Machine (EVM). This enables developers to run smart contracts and applications written in Ethereum on Kaia, reducing the learning curve for developers and accelerating innovation within the ecosystem.
- Account Abstraction and Gas Fee Transfer: Kaia supports account abstraction and gas fee transfer features to simplify the user experience. This allows users to transact on the blockchain without dealing with complex transaction fees.
- Economic Model: KAIA acts not only as a means of paying transaction fees, but also as an incentive for network participants and a reward system for validators. In addition, the token economy can be flexibly adapted to market conditions and user demand.
- Developer Incentive: Kaia encourages the development of higher quality and optimized applications by rewarding developers who write efficient code. This allows transactions on the blockchain to be processed at lower costs.
With these features combined with the technological infrastructure and strategic partnerships, the Kaia token offers a unique ecosystem for both users and developers.
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.
- Circulating Supply: Kaia's circulating supply is 5,895,079,875 KAIA.
- Kaia (KAIA) cryptocurrency is an Ethereum-compatible Layer 1 public blockchain project, formed by the merger of the Klaytn and Finschia blockchains. Here is the basic information you need to know about Kaia coin:
- Purpose: Kaia aims to bring Web3 to the fingertips of hundreds of millions of users in Asia. This is achieved through integration with messaging apps such as LINE and Kakaotalk.
- Technical Specifications:
- Fast Transaction Time: Kaia enables real-time transactions, offering 1-second block time and instant finality.
- High Transaction Capacity: Provides high performance with 4,000 TPS (transactions/second).
- KAIA Token:
- Function: KAIA tokens are used to pay transaction fees on the Kaia blockchain, for staking, and for various applications and services within the ecosystem.
- Circulating Supply: Kaia's circulating supply is designed to serve a wide user base.
- Ecosystem:
- Uses: The token is used in various applications and services within the Kaia ecosystem, as well as encouraging user participation and interaction on the Kaia blockchain.
Kaia is a project that aims to increase the adoption of Web3, with a particular focus on the Asian market, and aims to grow by taking advantage of the large user base in this geography.
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