
Binance #1


## Product Overview
Kaia is an EVM-compatible Layer 1 public blockchain designed to bring Web3 experiences to millions of users across Asia. Co-developed by Kakao and LINE, it focuses on simplifying Web3 adoption through innovative features and user-friendly design.
## Core Features
- **High-Performance Blockchain**: Kaia can process up to 4,000 transactions per second, with block creation and confirmation times of around 1 second, offering a significant speed advantage over major blockchains like Solana, Polkadot, and Polygon.
- **EVM Compatibility**: Kaia supports the Ethereum Virtual Machine (EVM), allowing developers to easily build and deploy decentralized applications (DApps) while leveraging existing Ethereum tools and ecosystems.
- **MiniDapps Innovation**: Kaia introduces 'MiniDapps' to lower the entry barrier for Web3 users, attracting more participants through simplified application experiences.
- **Ecosystem Expansion**: Kaia has launched platforms like Kaia Square and Kaia Hub to support developers in building DApps, wallets, and DeFi services, while enhancing user engagement through games and NFT experiences like Slime Universe.
- **Stablecoin and Partnerships**: Kaia recently integrated Tether’s USDT and plans to launch a Korean Won-pegged stablecoin, providing access to over 250 million users. Additionally, its collaboration with LINE’s DApp portal further expands its ecosystem.
## Technology and Developer Support
- **Kaia Docs and Kaia Hub**: Kaia offers comprehensive documentation and technical support to help developers get started and build applications. Kaia Hub is a dedicated platform providing tools for creating DApps and DeFi services.
- **Blockchain Explorer**: Through KaiaScan, users and developers can easily access information on blocks, accounts, transactions, tokens, and NFTs within the Kaia network.
## Market Performance
- **Token Information**: Kaia’s native token, $KAIA, is currently priced at approximately $0.2118 (subject to market fluctuations), with a 24-hour trading volume of around $119 million, indicating high market activity.
- **Price Trends**: Recently, $KAIA has shown a notable upward trend, partly driven by the upcoming Korean Won stablecoin launch and market confidence from the Tether partnership.
## Community and Latest Updates
- **Ecosystem Updates**: Kaia regularly publishes weekly reports highlighting ecosystem growth and user engagement metrics, such as tracking real user and ecosystem growth via Dune Dashboard.
- **Industry Recognition**: Kaia has become a full member of the Japan Blockchain Association (JBA), marking a significant milestone in its recognition as a Layer 1 blockchain in the Asian market.
- **Events and Promotions**: Kaia has recently launched several initiatives, including joint promotional campaigns with Kaito and opportunities for users to earn $KAIA through its DApp portal.
## Summary
Kaia is a Layer 1 blockchain focused on the Asian market, offering a high-performance, EVM-compatible, and user-friendly Web3 platform through innovative features like MiniDapps. Its partnerships with Tether and LINE, along with the upcoming Korean Won stablecoin, further enhance its market potential. Whether for developers or everyday users, Kaia provides a wealth of tools and opportunities to support the widespread adoption of Web3.
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