According to TechFlow, the Kaia Foundation, which merged Finschia and Klaytn, submitted a proposal to the Kaia Governance Committee to establish the Kaia Community Committee (KCC). The proposal aims to promote the rapid and efficient expansion of the Kaia ecosystem by establishing professional sub-committees.

According to the proposal, KCC will be launched as the first sub-committee, including two branches: BUGHOLE Committee and KnightFury Alliance. Each branch will receive an operating budget of 1.5 million KLAY tokens for investment, marketing and other activities.

The initial operation period of KCC is 6 months, after which it will be extended based on performance evaluation. The Kaia Foundation said that the establishment of KCC will be an important milestone in the sustainable growth of the Kaia ecosystem and is currently awaiting approval by the Kaia Governance Committee. If approved, KCC will start operations immediately after the vote.

According to previous news, the L1 blockchain Kaia launched by communication application giants Kakao and LINE will be launched on the mainnet at 10 o'clock today.