April saw Kaia created following a combination between Finschia from Kakao’s Klaytn and LINE. While LINE is a main chatting tool in Japan, Taiwan, and Thailand, Kakao runs a Messenger program used by 96% of South Koreans. According to the press statement, the two apps draw over 250 million users overall.

By means of its close interaction with Kakao and LINE messaging apps, the Layer-1 blockchain is projected to address issues in the user experience and deployment of Web3. It eventually wants to create an ecosystem supporting DeFi, gaming, real-world assets, and web-based chat programs.

Through its NEXT WEB software development kit (SDK), Kaia aims to enable builders to construct tiny dApps on LINE Messenger, hence facilitating a “Telegram-style native app integration.”

“Leveraging Kaia’s low TX latency, account abstraction, and fee delegation features, developers can create end-to-end seamless UX while extending their reach to hundreds of millions of LINE users across Asia,” the statement noted.

Along with the mainnet launch is Kaia Wave, a builder support program. Using the NEXT WEB SDK, eligible teams will get marketing, tech, and business support valued at $1.2 million per team. Future token-generating events and liquidity support are other advantages.

Concurrently, HashKey Global crypto exchange revealed on Wednesday the new token Kaia from Layer-1 Blockchain. The exchange stated it will provide qualified users an opportunity to win 75,000 KLAY in a limited-time event once they trade the token beginning Aug. 29.

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