Kaia merges Klaytn and Finschia to create Asia's largest Web3 ecosystem.

Kaia: The largest Web3 network in Asia is about to take off

Kaia is a unified mainnet formed by the merger of Asia's two leading blockchain platforms, Klaytn and Finschia, officially launching on August 29, 2024. As a project that harnesses the power of two major social giants, Kakao and LINE, Kaia has a potential user base of over 250 million, which is expected to greatly enhance the adoption and acceptance of blockchain technology in the East Asian market.

Sam Seo, the chairman of the Kaia Foundation, holds a Ph.D. in high-performance computing and previously served as CKO at KrustUniverse, leading the development and operations of Klaytn. Other investors in Kaia include Hashed, IDG Capital, and others.

With Line and Kakao, the two major Asian social giants, 250 million users are ready to unleash their potential. Can Kaia replicate the myth of TON?

1. Background Overview of Kaia

1.1 Kakao and Klaytn

Kakao Talk is one of the most popular instant messaging applications in South Korea, with nearly 49 million monthly active users in Q3 2024, of which 90% are from South Korea. Klaytn is built for DApp developers and enterprises, with a cumulative transaction volume of $376 billion and over 29 million Web3 wallet users.

With Line and Kakao, two major Asian social giants, 250 million users are poised for potential growth. Can Kaia replicate the myth of TON?

1.2 LINE and Finschia

LINE covers 70% of the Japanese population and also dominates markets such as Thailand and Taiwan. Since its launch in 2018, Finschia has gained over 5.6 million Web3 wallet users.

With Line and Kakao, two major Asian social giants, the potential of 250 million users is ready to burst. Can Kaia replicate the myth of TON?

1.3 Token Economics

Kaia's native token KAIA is used to pay transaction fees, with an initial annual inflation rate of 5.2%. The block reward distribution is as follows:

  • CCO and Community: 50%
  • KEF( Kaia Ecosystem Fund ): 25%
  • KIF(Kaia Infrastructure Fund ): 25%

With Line and Kakao, two major Asian social giants, and a potential of 250 million users, can Kaia replicate the myth of TON?

1.4 Governance Committee

The Kaia Governance Committee consists of 31 trusted early members, including top institutions such as Kakao, Binance, and Google Cloud.

With Line and Kakao, two major Asian social giants, 250 million user potential is ready to take off. Can Kaia replicate the myth of TON?

2. Kaia's Technical Architecture

Kaia is a highly optimized, BFT-based public blockchain with the following features:

  • 1 second block generation and confirmation time
  • Can process 4000 transactions per second
  • Low gas price, about 1/10 of Ethereum
  • EVM compatible, supports Solidity contracts

Kaia's network structure is divided into three logical sub-networks: core unit network, endpoint node network, and service chain network.

With Line and Kakao, two major Asian social giants, and the potential of 250 million users on the verge of being unleashed, can Kaia replicate the myth of TON?

3. Kaia's Ecosystem

3.1 DeFi track

  • Neopin: A licensed DeFi protocol under the South Korean gaming giant Neowiz, with a TVL of 240 million USD.
  • Lair Finance: Kaia Liquidity Staking Protocol.
  • CapybaraExchange: The largest DEX on the Kaia chain, with a TVL exceeding $40 million.
  • Avalon Labs: A leading lending ecosystem centered around Bitcoin.
  • DragonSwap: The DeFi central hub on Sei, with a TVL exceeding $55 million.

With Line and Kakao, two major Asian social giants, and the potential of 250 million users ready to unleash, can Kaia replicate the myth of TON?

3.2 Payment Track

  • Alchemy Pay: A payment gateway connecting cryptocurrencies and global fiat currencies for businesses, developers, and users.

With Line and Kakao, the two major Asian social giants, the potential of 250 million users is ready to be unleashed. Can Kaia replicate the myth of TON?

3.3 AI track

  • FlareAI: The first AI-driven DApp on the Kaia chain.
  • FDN: AI facial recognition network.

With Line and Kakao, two major Asian social giants, the potential of 250 million users is ready to take off. Can Kaia replicate the myth of TON?

3.4 Mini DApps on LINE

Kaia has announced the first batch of 20 Mini DApps that will be launched on LINE, covering various fields such as gaming, social, and prediction markets.

With Line and Kakao, two major Asian social giants, 250 million users' potential is ready to be unleashed. Can Kaia replicate the myth of TON?

3.5 Other ecological activities

  • Kaia Wave: Provides Web3 builders with the opportunity to connect with LINE users.
  • LINE NEXT: A dedicated Web3 company under LINE, focusing on NFT business.
  • Kaia Grants: Providing support and professional assistance for DApps.

With two major Asian social giants, Line and Kakao, and the potential of 250 million users ready to go, can Kaia replicate the myth of TON?

4. Highlights Summary

  1. Unique positioning: Giants join forces to build the cornerstone of the East Asian blockchain ecosystem
  2. Asset scale and ecological breadth: the largest Web3 network in Asia
  3. Introducing a large number of existing Web2 users: The gateway connecting Web2 and Web3
  4. Global Vision and Ecological Collaboration: From East Asia to the World
  5. Underestimation of MC/TVL: Showing Huge Growth Potential
  6. Layout for the Future: Reshaping the Digital Infrastructure of Finance and Culture

Kaia is demonstrating extraordinary capability in promoting the large-scale application of blockchain through its deep engagement in East Asia, integration of major resources, and bold globalization strategy. Its future development will become an important barometer for the blockchain industry.

With Line and Kakao, two major Asian social giants, 250 million user potentials are poised for action. Can Kaia replicate the myth of TON?

With Line and Kakao, the two major Asian social giants, 250 million user potentials are ready to take off. Can Kaia replicate the myth of TON?

With Line and Kakao, two major Asian social giants, 250 million user potentials are ready to take off. Can Kaia replicate the myth of TON?

With Line and Kakao, two major Asian social giants, and the potential of 250 million users ready to go, can Kaia replicate the myth of TON?

With Line and Kakao, two major Asian social giants, and the potential of 250 million users on the verge of unfolding, can Kaia replicate the myth of TON?

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LiquidityHuntervip
· 07-01 17:24
250 million user base? The arbitrage space is ridiculously large. I can already smell the liquidity.
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DegenGamblervip
· 07-01 17:23
Suckers, let me play people for suckers one more time.
View OriginalReply0
APY追逐者vip
· 07-01 17:21
There are new suckers being played for suckers again. Don't ask me how I know.
View OriginalReply0
SatoshiNotNakamotovip
· 07-01 17:16
Just because there are so many users, does it really work? I'm tired of hearing this.
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