Kaia, a layer 1 blockchain launched by two of Asia’s largest messenger apps, announced its mainnet launch on Wednesday at 10 p.m. ET.
According to a press release, “Kaia mainnet is scheduled to launch on August 29th and is the world’s fastest EVM blockchain with 1-second finality, ultra-low gas fees, and support from top Web3 partners in Asia, including Kakao and LINE NEXT.”
Kaia was released in April. merger Kakao’s Klaytn and Line’s Pincia. Kakao operates a messenger app used by 96% of Koreans, while Line is the dominant messaging platform in Japan, Taiwan, and Thailand. According to a press release, the two apps have a combined user base of over 250 million.
Layer-1 blockchain is expected to solve the user experience and distribution challenges of web3 through tight integration with Kakao and LINE messaging apps. Ultimately, the goal is to build an ecosystem that supports DeFi, games, real assets, and web3-based messenger apps.
Builder Recruitment
Kaia said it aims to enable builders to create mini dApps on LINE Messenger via its NEXT WEB software development kit (SDK), thereby providing “Telegram-style native app integration.”
“By leveraging Kaia’s low TX latency, account abstraction, and fee delegation capabilities, developers can expand their reach to hundreds of millions of LINE users across Asia while creating a seamless end-to-end UX,” the press release states.
Kaia Wave, the builder support program, will also be available with the mainnet launch. Eligible teams using the NEXT WEB SDK will receive $1.2M worth of marketing, technical, and business support per team. Additional benefits include future token generation events and liquidity support.
Meanwhile, HashKey Global cryptocurrency exchange announced on Wednesday the listing of Kaia, a new token for the Layer-1 blockchain. Users will be able to trade the token starting August 29, and the exchange said it will offer eligible users a chance to win 75,000 KLAY in a limited-time event.
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