According to BlockBeats, on August 29, Finschia and Klaytn's merged entity, Kaia, proposed the establishment of the Kaia Community Committee (KCC) to facilitate the rapid and efficient expansion of the Kaia ecosystem.
The proposal aims to accelerate the growth of the Kaia ecosystem by forming specialized subcommittees. Under this plan, KCC will be launched as the first subcommittee, comprising two branches: the BUGHOLE Committee and the KnightFury Alliance. Each branch will receive an operational budget of 1.5 million KLAY tokens to support activities such as investment and marketing.
The initial operational period for KCC is set for six months, after which its performance will be evaluated to determine whether to extend its mandate. The Kaia Foundation stated that the establishment of KCC marks a significant milestone for the sustainable growth of the Kaia ecosystem. The proposal is currently awaiting approval from the Kaia Governance Committee. If approved, KCC will commence operations immediately after the voting concludes.