As Kakao and LINE unite to launch their layer-1 blockchain, Kaia, this move appears poised to challenge Telegram's Web3 dominance. With the Kaia mainnet now live, this isn’t just a technical upgrade; it positions Kaia as a potential powerhouse in the decentralised communication landscape.
Backed by the combined user base of over 250 million from Asia’s top messaging platforms, KakaoTalk and LINE, Kaia is set to expand its influence rapidly.
Another messaging giant, Telegram, has been carving its niche in Web3 with Mini Apps and blockchain integrations through The Open Network (TON). Kaia, on the other hand, mirrors this ambition but with a deep focus on the Asian market, making the battle for decentralised dominance in this region one to watch.
What Does Kaia Offer?
Kaia’s ultra-fast transactions, low gas fees, and seamless integration into existing apps like LINE could tap into one of the world’s largest untapped Web3 user bases. While this remains speculative, Kaia’s close integration with LINE offers the potential for significant user adoption, given its foothold across Japan, Taiwan, and Thailand.
Kaia’s builder program, one of the key focus, encourages developers to create decentralised applications (dApps) directly within the LINE messaging environment, much like Telegram’s Mini Apps. This initiative, supported by the Kaia Wave program, offers a developer-friendly ecosystem with benefits like low-latency transactions and fee delegation. Under Kaia Wave, up to $1.2 million in support per team is up for grabs, emphasising Kaia’s strategy to nurture dApp development on its platform.
The partnership with LINE’s established infrastructure also provides dApp builders with marketing, business, and technical support. This move strategically positions Kaia as a bridge between Web2 and Web3, offering developers the tools to create native dApps on a trusted platform.
Stacking up Against Telegram's TON
Meanwhile, the competition is heating up. Telegram’s TON blockchain has already gained traction with its integrated wallet features and partnerships with giants like Tencent, boasting a vast 800-million user base.
However, Kaia’s potential lies in its ability to differentiate itself within the crowded landscape of Web3 crypto platforms. By leveraging LINE’s infrastructure and appealing to developers seeking a smoother integration across Kakao and LINE’s platforms, Kaia could accelerate innovation in sectors like decentralised finance (DeFi), gaming, and real-world asset tokenisation.
Kaia at Korea Blockchain Week
At KSL 2024, Kaia's flagship event held during Korea Blockchain Week, the strategy for becoming Asia’s No.1 blockchain was unveiled. With a focus on building the Web3 blockchain ecosystem across Asia, key partners like LINE NEXT, Hashkey, and Google Cloud showcased their involvement. Kaia also introduced its flagship tokenisation projects and partnerships in real-world assets (RWA), such as Grab JOOB and TADA-MVL.
While the rivalry between Kaia and Telegram remains speculative, the unfolding developments suggest a parallel evolution within Asia’s decentralised ecosystem. Kaia’s success will depend on how well it can differentiate itself, attract developers, and capitalise on the vast, untapped Web3 potential in Asia. The coming months will reveal whether Kaia can indeed challenge Telegram’s momentum or carve out its niche as a key player in the region.
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Also a layer 1 blockchain like LINE and Kakao's new creation, aelf leverages its mainchain-sidechain infrastructure and newly incorporated AI technologies to enhance network performance for users and developers. It is able to optimise smart contract execution, predict network congestion, and scale sustainably — the latter owing to the layer 2 ZK-Rollup innovation.
Additionally, aelf's AI Oracle aims to implement a credible Web3 AI framework that enhances on-chain smart contracts with AI features, promoting the creation of AI-centric dApps.
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def event:
date = "September 16, 2024 (MON)"
time = "8pm - late"
venue = "SKAI Loft @ Swissotel"
def highlights:
community_panels_networking = True
cocktails_feasts_panoramic_views = True
brand_showcases = True
claw_machines = True
dj_in_the_house = True
print("RSVP now! https://lu.ma/pe14cn18")
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*Disclaimer: The information provided on this blog does not constitute investment advice, financial advice, trading advice, or any other form of professional advice. aelf makes no guarantees or warranties about the accuracy, completeness, or timeliness of the information on this blog. You should not make any investment decisions based solely on the information provided on this blog. You should always consult with a qualified financial or legal advisor before making any investment decisions.
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aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and advancing Web3 and AI technology adoption.
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