$KAIA is a high-performance, BFT-based public blockchain designed to meet the rigorous standards of enterprise-grade reliability and efficiency. Here’s an overview of Kaia’s architecture, features, and ecosystem.
1. KAIA is a game-changer in simplifying Web3 for everyone—users, developers, investors, and enterprises alike. Created from the merger of the Klaytn and Finschia blockchains (originally developed by Kakao and LINE), Kaia stands as the largest Web3 ecosystem in Asia, with over 420 DApps and access to a potential 250 million users. With Kaia, the ease and speed of Web2 combine with the decentralized potential of Web3 to drive a seamless experience for creating, connecting, and collaborating.
2. Based in Abu Dhabi, the Kaia DLT Foundation was established in 2024 to support the global expansion of Kaia as a leading Layer 1 blockchain.
3. Kaia is focused on leading Web3 adoption in Asia, providing a solid foundation for projects of any scale.
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$KAIA is the core cryptocurrency of the Kaia ecosystem, covering transaction fees for smart contract creation, execution, and token transfers. As the fuel of Kaia, $KAIA incentivizes high-quality development while ensuring network health by compensating consensus nodes for their contributions.