Kaia, the new Layer-1 blockchain from Kakao and LINE, is officially launching its mainnet on August 29 at 10 p.m. Eastern Time. This launch combines the strengths of two Asian messenger platforms Kakao and LINE.
Combining Two Giants
Kakao's messenger app is immensely popular in South Korea, with 96% of the population using it. LINE dominates messaging in Japan, Taiwan, and Thailand, commanding over 250 million users. The merger of Kakao's Klaytn and LINE's Finschia has given rise to Kaia, a blockchain designed to integrate with these messaging apps. Kaia promises to be the world's fastest EVM (Ethereum Virtual Machine) blockchain, offering one-second transactions, low gas fees, and support from major Asian web3 partners.
Opportunities for Developers
Developers can use Kaia's NEXT WEB software development kit (SDK) to create mini decentralized apps (dApps). This integration is designed to provide a smooth user experience while extending to millions of LINE users across Asia. To support developers, Kaia introduced its Kaia Wave program. This initiative offers support worth $1.2M per team for those using the NEXT WEB SDK.
Token and Its Listing
Additionally, HashKey Global crypto exchange has announced the listing of Kaia's new token. Trading for the Kaia token begins on August 29, and HashKey Global is also running a special promotion where users can win 75,000 KLAY through a limited-time event. With its fast transaction times, low fees, and extensive support, Kaia is set to make a significant impact in the blockchain sector, particularly by leveraging Kakao and LINE's vast user bases.
The launch of Kaia's mainnet brings together leading Asian messenger platforms like Kakao and LINE, offering speed, low fees, and significant support for developers and users. This event could mark an important milestone in blockchain technology development, especially in Asia.
Comments