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Layer1 Blockchain Kaia by Kakao and LINE Launches Mainnet

Newscrypto2024/08/28 16:00
By:Newscrypto
  • Kaia launches its mainnet combining Kakao and Line on August 29.
  • The L1 blockchain aims to tackle challenges faced by user experience and distribution.

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.

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. Together, these platforms hold over 250M 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.

This Layer-1 blockchain aims to tackle common challenges, around user experience and distribution, integrating with Kakao and LINE. One of Kaia’s features is its support for Telegram-style app integration on LINE messenger.

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.

Kaia’s Developer Support and Token Launch

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 . Additionally, participating teams will benefit from future token-generation events and liquidity support.

In addition, 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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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