LINE NEXT and Kaia DLT Foundation Join Forces to Expand Web3 Adoption Across Key Markets

LINE NEXT, the Web3-focused division of LINE Corporation, has announced a strategic collaboration with the Kaia DLT Foundation to introduce a range of decentralized applications (Dapps) and a dedicated Dapp Portal on LINE Messenger.

LINE NEXT, the Web3-focused division of LINE Corporation, has announced a strategic collaboration with the Kaia DLT Foundation to introduce a range of decentralized applications (Dapps) and a dedicated Dapp Portal on LINE Messenger. The initiative is set to launch in 2025, bringing Web3 services closer to mainstream users by integrating them into the widely used messaging platform.

The collaboration forms part of the Kaia Wave program, which aims to support innovation in the decentralized finance (DeFi) and blockchain space. As part of this effort, LINE NEXT and Kaia Foundation have handpicked 30 standout projects from over 800 applicants. The selected Dapps include prominent platforms like Bombie and Shin-chan’s Match Daily, as well as well-known titles such as Captain Tsubasa – RIVALS- and Superz.

LINE NEXT’s leadership outlined its overarching goal of expanding Web3 adoption by leveraging the LINE Messenger platform, particularly in key markets such as Japan, Thailand, and Taiwan. The company aims to bridge the gap between Web3 technology and the internet user base, making decentralized applications more accessible to both end-users and developers. By offering a wide variety of Web3 Dapps, LINE NEXT hopes to attract a larger and more diverse audience, strengthening its footprint in the Web3 ecosystem.

The Kaia DLT Foundation highlighted the importance of this collaboration in accelerating the adoption of blockchain technology. The foundation's leadership emphasized its commitment to creating an accessible and user-friendly Web3 ecosystem. The integration of a dedicated Dapp Portal within LINE Messenger is expected to simplify the user experience by enabling seamless access to decentralized applications. This innovation is poised to play a pivotal role in driving Web3 adoption across Asia and on a global scale.

A User-Centric and Developer-Friendly Ecosystem

The upcoming Dapp Portal will serve as a centralized platform where users can discover, download, and interact with Web3 Dapps. In addition to offering an array of decentralized services, the portal will feature virtual asset trading capabilities and reward systems to encourage user engagement. These features aim to enhance the overall accessibility of blockchain-based services while delivering value to users.

To foster a robust Web3 developer ecosystem, LINE NEXT and Kaia DLT Foundation are introducing multiple initiatives designed to support development teams. These initiatives include the provision of software development kits (SDKs) and fee delegation tools, which will help streamline the creation and deployment of new projects. Additionally, the partnership will provide marketing and investment resources to support promising Web3 initiatives, ensuring developers have the tools and financial backing required to succeed.

Looking ahead, LINE NEXT and Kaia plan to expand their ecosystem further by onboarding over 150 additional developer teams by the end of 2024. This expansion is expected to fuel the creation of a diverse range of decentralized applications, further solidifying the platform’s role in the Web3 space.

Updates on Selected Projects

For those interested in updates on the selected projects, LINE NEXT has confirmed that detailed information will be made available on its official Medium page as well as the Kaia Wave website. These platforms will provide insights into ongoing developments, project milestones, and additional announcements related to the initiative.

The collaboration between LINE NEXT and Kaia DLT Foundation represents a significant step toward mainstream adoption of Web3 technology. By integrating decentralized applications into LINE Messenger’s established user base, the two partners aim to create a more inclusive and accessible Web3 ecosystem for users and developers alike.