Kaia: The Dawn of a New Integrated Blockchain Set to Transform Asia

Kaia/KAIA emerges from the union of Klaytn and Finschia, set to launch its mainnet by June 2024.

Focused on building a blockchain accessible to all, it embodies community, sustainability, and simplicity, aiming to become Asia's top blockchain network.

Introduction to Kaia/KAIA

The name and ticker symbol for the new blockchain and cryptocurrency resulting from the integration of FINSCHIA/FNSA and Klaytn/KLAY have been officially decided as "Kaia/KAIA."

This integration, previously referred to as PROJECT DRAGON, aims to establish Asia's leading blockchain by merging the deeply interconnected platforms of LINE and Kakao through FINSCHIA and Klaytn.

As announced on April 30, 2024, the newly formed chain will be known as "Kaia" with the ticker symbol "KAIA."

Further details about the objectives, the origin of the name, and future plans for the new blockchain and token "Kaia/KAIA" were also discussed during the announcement.

Goals and Overview of Kaia

Kaia/KAIA is designed to be a blockchain "for everyone," built to be accessible and user-friendly for individuals regardless of their background or experience.

The development of Kaia emphasizes three core values: community, sustainability, and simplicity.

• Community Engagement
  Kaia aims to foster an inclusive environment where individuals can connect, collaborate, and contribute to the Kaia ecosystem.
• Sustainability
  The new blockchain actively supports the longevity and meaningful impact of related products and services, ensuring they provide lasting benefits.
• Simplicity
  Kaia ensures clarity, efficiency, and effectiveness in all activities within the ecosystem.

The Inspiration Behind the Name 'Kaia'

The name 'Kaia' signifies the merger of "Klaytn" and "Finschia." Additionally, it is derived from the Greek word 'και' (and), aligning with the Greek pronunciation of Gaia, the ancient goddess of the earth, representing all life.

This name honors the essence of both Klaytn and Finschia, with Klaytn drawing inspiration from 'clay,' the earth's crust from which all life springs, and Finschia symbolizing growth and interconnection like a 'tree.'

The democratic and decentralized ideals of Greece also resonate with the foundational values of the Web3 ecosystem, which Kaia aims to embody.

Roadmap and Future Plans for Kaia

Kaia/KAIA is set to launch its mainnet by the end of June 2024. Currently, the team is vigorously preparing to maximize the technological and ecosystem competitiveness of Kaia. Achievements so far include:

• Establishing a clear mission/vision, including white papers, strategies, tokenomics, and governance.
• Preparing to set up a new foundation based in Abu Dhabi.
• Developing a new brand and integrating community channels.
• Conducting chain security audits.
• Establishing token swap plans between Klaytn and Finschia.

Upcoming Initiatives

Future plans, with detailed schedules to be announced later, include:

• Integrating Klaytn and Finschia’s community and social channels.
• Establishing the Kaia DLT Foundation in Abu Dhabi and staffing it.
• Rebranding infrastructure assets like wallets and blockchain explorers.
• Updating exchanges where KLAY and FNSA are listed to "$KAIA."

By the end of June 2024, Kaia aims to launch the KAIA DLT Foundation, token swap services, a testnet, the mainnet, and a governance platform, thereby enhancing the delegation functions for users and the community.