Hassan Maishera
Layer 1 blockchain Kaia has announced its mainnet launch. In a press release shared with Cryptowisser, the team said the mainnet launch comes alongside the Kaia Wave builder support program by Kaia and LINE NEXT to accelerate consumer adoption of web3 services.
Kaia was launched three months ago via the merger between the L1 chains Klaytn and Finschia, initially developed by Kakao and LINE, respectively. The new blockchain aims to become a major web3 ecosystem that has onboarded more than 400 partners.
The Kaia mainnet went live yesterday, August 29, as the world’s fastest EVM blockchain with one-second finality, ultra-low gas fees, and support from leading Asian web3 partners, including Kakao and LINE NEXT, LINE’s venture dedicated to developing and expanding the Web3 ecosystem.
The blockchain is designed to solve web3’s UX and distribution challenges via deep integration with leading Asian messengers. Kaia will support a thriving ecosystem of DeFi, gaming, RWAs, and messenger apps running on scalable web3 infrastructure.
According to the team, the blockchain leverages the NEXT WEB SDK package, which includes the Kaia Wallet SDK, Kaia Wallet Market API, and LINE LIFF API. The features allow developers on the Kaia network to create LINE Mini Dapps that launch within the LINE messenger, bringing Telegram-style native app integration.
Developers can create end-to-end seamless UX while extending their reach to hundreds of millions of LINE users across Asia by using Kaia’s low TX latency, account abstraction, and fee delegation features.
Kaia Launches the Kaia Wave Builder Support Program
In addition to the mainnet launch, the team unveiled the Kaia Wave builder support program that Kaia and LINE NEXT developed. The program will provide up to $1.2M worth of marketing, tech, and business support per eligible team.
Grants are available to builders who leverage the NEXT WEB SDK. Teams will also benefit from TGE, liquidity support, and follow-up VC connections.
While commenting on this latest development, Dr. Sam Seo, Chairman of Kaia DLT Foundation, said,
“The much-anticipated launch of the Kaia mainnet heralds a new era for the mass consumer adoption of blockchain-based services. Kaia will bring web3 to the rest of the world, starting from Asia.”
Youngsu Ko, CEO of LINE NEXT Inc., added that,
“The launch of the Kaia mainnet is an important momentum for the LINE NEXT business as well, and I think it has started an important first step toward expanding the Asian Web3 ecosystem. LINE NEXT will focus on bringing new experiences to users with the new Web3 platform and LINE Mini Dapps through Kaia Wave.”
The Kaia mainnet launched with a massive addressable user base already in place through LINE and Kakaotalk’s combined 250M users. The team revealed that Kakaotalk is used by 96% of South Korean residents, while LINE is the dominant messenger in Japan, Taiwan, and Thailand.
Kaia is set to provide a ready-made market for developers thanks to its integration with two of Asia’s most popular messenger superapps.
Kaia is a high-performance public blockchain that brings web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE, respectively, Kaia is Asia’s largest web3 ecosystem. It’s integrated with Kakaotalk and LINE messenger, which has a combined user base of over 250 million, all of whom can experience web3 with the ease and speed of web2 within their favorite messenger super app to connect, create, collaborate, and contribute to the ecosystem.
