EVM-compatible blockchain Kaia goes live in mainnet today, a statement by its team says.

Created through a merger between the L1 chains Klaytn and Finschia by Asian social media heavyweights Kakao and LINE, respectively, Kaia aims to

EVM-compatible blockchain Kaia has officially gone live on mainnet, according to a statement from the Kaia team.

Formed through a merger between L1 chains Klaytn and Finschia by Asian social media giants Kakao and LINE, respectively, Kaia aims to become a major Web3 ecosystem that has already onboarded over 400 partners.

Kaia goes live on mainnet, paving the way for Mini dApps in LINE

On Aug. 29, 2024, the Kaia blockchain, the latest EVM L1 with sub-second block time, is launching its mainnet operations. The network succeeds the Klaytn and Finschia blockchains and is set to become the backbone of the Web3 ecosystem in Korea.

Exciting news! We are thrilled to share that Kaia Mainnet is now live, introducing the world’s fastest and most efficient EVM L1 blockchain.Kaia delivers processing speeds of approximately one second and remarkably low gas fees. With strong backing from Web3 leaders… pic.twitter.com/VZDZO6LR7I

The Kaia network boasts ultra-low gas fees and strong support from leading Asian Web3 partners, including Kakao and LINE NEXT — LINE’s venture dedicated to developing and expanding the Web3 ecosystem.

Using the NEXT WEB SDK package, which includes the Kaia Wallet SDK, Kaia Wallet Market API and LINE LIFF API, Kaia builders will be able to create LINE Mini Dapps that launch within the LINE messenger, enabling Telegram-style native app integration.

Dr. Sam Seo, Chairman of the Kaia DLT Foundation, is enthusiastic about the possibilities the new launch will unlock for dApp development and Web3's advance in Asia:

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.

Kaia aims to solve Web3’s UX and distribution challenges through deep integration with leading Asian messengers. This will facilitate a thriving ecosystem of DeFi, gaming, RWAs and messenger apps running on scalable Web3 infrastructure.

Kaia Wave builder support program launches, welcoming developers

Youngsu Ko, CEO of LINE NEXT Inc., is confident that Kaia going live on mainnet will change the narrative for LINE and its millions of users:

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 Wave builder support program, developed by Kaia and LINE NEXT, will provide up to $1.2 million in marketing, tech and business support per eligible team, with grants available to builders who leverage the NEXT WEB SDK.

Teams will also receive TGE and liquidity support, as well as follow-up VC connections for a successful product launch in 2024.