Kaia Unveiled in the Philippines to Tap Asia\'s Blockchain Hub Potential

Blockchain platform Kaia, formed by the merger of South Korea's Klaytn and LINE's Finschia, has been unveiled in the Philippines as a strategic move.

Following the merger of South Korean blockchain platform Klaytn and LINE's Finschia, the resulting blockchain platform, Kaia, has now been introduced in the Philippines.

This move is seen as a strategic step to harness Asia's potential as a blockchain hub.

With Klaytn's strong user base in South Korea and the availability of its token (KLAY) through the popular Kakao super app, and Finschia's expertise in sustainable token models and access to LINE's vast user network, Kaia inherits a potential user pool of over 250 million across Asia.

Kaia aims to enhance the Web3 experience for users, developers, investors, and enterprises. Existing users of KLAY and FINSCHIA tokens will smoothly transition to the new unified Kaia coin (KAIA) upon its launch.

Kaia boasts the largest Web3 ecosystem in Asia, with over 420 decentralized applications (DApps) already integrated. This solid foundation will enable Filipino developers and entrepreneurs to create and deploy DApps more efficiently.

"Kaia's launch in the Philippines provides easier access to advanced blockchain technology. Filipino developers and entrepreneurs can now create and deploy DApps more efficiently, backed by the combined support and expertise of established platforms like Klaytn and Finschia," said Dr. Sam Seo, Representative Director of Klaytn Foundation.

The launch is supported by local entities such as the Blockchain Council of the Philippines, Bitskwela, and YGG.

The Philippines, renowned for its active gaming community, is poised to play a crucial role in Kaia's growth trajectory.

Kaia has announced the launch of Infinite Shooting and four other highly anticipated games in collaboration with 3KDS, as well as Web3-powered arcade games from Another World. A collaboration between LINE and SEGA is also in the works, promising a groundbreaking game that will utilize Kaia's advanced blockchain technology.

News source：https://www.kdj.com/cryptocurrencies-news/articles/kaia-unveiled-philippines-tap-asia-blockchain-hub-potential.html

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