Kaia Ecosystem Evolution Record: On-chain Growth Paradigm Centered on Mini Dapp

I. Overview of the Kaia Blockchain Ecosystem

1.1 Background and Team

Kaia is a new ecosystem formed by the merger of two major blockchain projects, Klaytn and Finschia. Klaytn was launched by Ground X, a subsidiary of the Kakao Group, in June 2019, with early governance alliances including well-known South Korean companies such as LG Electronics. Finschia was initially launched by LINE Corporation in August 2018, and subsequently established a foundation to operate in Abu Dhabi in April 2023. In January 2024, the two chains proposed a merger, and in August 2024, they officially merged into the Kaia mainnet, which is managed by the newly established Kaia DLT Foundation.

Kaia is dedicated to becoming an L1 public chain focused on large-scale applications, featuring high TPS and developer-friendly characteristics. Its core advantage lies in a mature SDK system and deep integration with mainstream social platforms, supporting various decentralized applications to run directly on these platforms. As a public chain based on BFT consensus, Kaia has been highly optimized to achieve enterprise-level reliability and performance standards.

1.2 Important Development History

• June 2019: Klaytn mainnet launched
• December 2022: Finschia mainnet launched
• April 2023: Finschia Foundation established
• August 2024: Kaia mainnet officially launched
• April 2025: Kaia completes a new round of financing
• May 2025: Tether issues USDT on-chain on the Kaia chain.

1.3 Main Features

Kaia adopts a layered node architecture, including core units, consensus nodes, proxy nodes, and endpoint nodes. The mainnet uses an improved Byzantine Fault Tolerance algorithm to achieve block production in 1 second and instant finality, with a theoretical peak of up to 4000 TPS. The network elects a consensus committee through a verifiable random function, effectively controlling communication overhead.

Kaia is EVM compatible and supports Ethereum ecosystem smart contracts. The platform is integrated with multiple cross-chain bridges to achieve asset interoperability. Kaia also deeply integrates with the LINE ecosystem, allowing developers to deploy native Dapps directly within the chat application.

In terms of token economics, Kaia adopts a sustainable model: new KAIA is distributed at a fixed ratio, supporting on-chain governance to adjust the inflation rate and other parameters. During the merger, existing tokens of Klaytn and Finschia are converted to KAIA at an agreed ratio.

2. Progress of Ecological Construction

2.1 Kaia Wave Plan and Mini Dapp Ecosystem

In August 2024, the Kaia mainnet went live and launched the Kaia Wave program, supporting developers to build Mini Dapps for LINE users through the NEXT WEB SDK. The first batch of Mini Dapp projects went live within LINE in the first quarter of 2025.

To stimulate ecological vitality, Kaia jointly launched the Mini Dapp growth competition, focusing on project MAU and on-chain token holder growth. At the same time, the Dapp Portal is launched as a one-stop entrance for users to discover and use Mini Dapps.

2.2 Kaia Stablecoin plan

In May 2025, Kaia collaborated with Tether to issue USDT natively on-chain, supporting its direct use within the LINE Mini Dapp ecosystem. Multiple mainstream exchanges have supported the USDT-KAIA network.

In the future, Kaia also plans to launch a Korean won stablecoin, leveraging the team's experience accumulated in CBDC projects to further improve on-chain financial infrastructure.

2.3 ecological investment progress

In April 2025, the Kaia Foundation announced that it has secured a new round of financing, led by 1kx and Blockchain Capital, with participation from several well-known institutions. These investors will provide in-depth support in areas such as international market expansion and compliance framework construction.

2.4 ecological strategic cooperation

Kaia continues to expand multi-dimensional strategic partnerships:

• Integrated with Dune, supporting on-chain data visualization
• Collaborating with Fireblocks to provide asset custody services for institutional users
• Establish cooperation with KuCoin to support the listing of Mini Dapp projects.
• Partnering with Republic to provide token economic advisory support for developers
• Collaborate with MEXC to launch KAIA trading pairs and perpetual contracts.
• Integrated with Travala, supports using KAIA to pay for travel services
• Integrate with Team Finance to support project teams in quickly creating token locking and other functions.

2.5 Developer Support and Community Building

Kaia supports developers and community building in various ways:

• Conduct training at multiple educational institutions in Singapore
• Launch a content creation reward program
• Release DEX Scanner tool
• Open Developer Bootcamp
• Launching the Kaia Agent Kit development suite

3. Excellent Project Cases in the Kaia Ecosystem

3.1 Excellent projects that have completed TGE

• Elderglade: The Web3 game with over 11 million global users
• Bombie: A zombie shooting game based on the LINE platform
• Frog Defense: A tower defense game that brings TikTok IP into Web3
• Lair: A liquidity staking product based on the KIP-163 standard

3.2 Other promising top projects

• SavannaSurvival: A Web3 survival game that integrates multiple gameplay styles.
• Boxing Star X: Web3 Boxing Game
• DarkStar: Cross-platform space game
• Captain Tsubasa: A football game based on the classic manga IP.
• Slime Miner: Web3 Idle RPG Game
• Fate War: The first "Play-to-Earn" RPG game
• Kyuzo's Friends: A social game based on DNAxCAT IP

These projects demonstrate the strong competitiveness of the Kaia ecosystem in core sectors such as gaming, setting a diversified benchmark for the popularization of Web3 applications. With more innovative projects emerging and infrastructure improving, Kaia is expected to further consolidate its leading position in the Web3 field.