![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Kaia DLT Foundation (Kaia) is shaking up the Web3 world! Its Mini DApps, running on the Kaia blockchain and built into LINE Messenger, have exploded to over 35 million users in just one month.
Mar 06, 2025 at 08:48 pm
Kaia and LINE NEXT made this Dapp easy and familiar, like regular apps people already use. With LINE Messenger's huge 196 million users in Asia
The past month has seen some interesting developments in the Web3 space, especially in Asia, where the integration of cryptocurrency and blockchain technology into mainstream platforms is gaining momentum. One notable initiative is the launch of Mini DApps by the Kaia DLT Foundation (Kaia), which have quickly become a hit with users.
Launched on January 22, these DApps, running on the Kaia blockchain and built into LINE Messenger, have already acquired over 35 million users, spending a collective $2 million on in-app purchases. Each paying user contributes about $39 on average, while 13% of users have opened their wallets, showcasing the potential for monetization.
Mini Dapps are particularly popular in countries like Japan, Taiwan, Thailand, and Korea, where users are accustomed to and enjoy making in-app purchases. In fact, Asians spend 40% more on these buys compared to other regions, making it an ideal market for the expansion of Web3.
The Dapp Portal on LINE Messenger has played a crucial role in introducing new users to the Web3 domain. Since its launch, the Kaia blockchain has witnessed the addition of 7.37 million new digital wallets, marking a staggering 1,168% increase. A recent report by Flipside highlights Kaia’s emergence as the third-largest EVM blockchain in terms of active wallets.
Moreover, monthly transactions have shot up by 124% to 27.38 million, and active users on the chain grew 252% to 8.1 million. This integration of Dapps within a widely used messaging app in a key Asian market provides valuable insights into the potential of blockchain technology to reach a broader audience.
Commonly used messaging apps like LINE Messenger can serve as springboards for introducing Dapps and crypto to a vast user base, especially in the context of the "move-to-earn" paradigm. Dapps on the Dapp Portal are designed with simplicity and familiarity in mind, aiming to seamlessly blend into the existing user experience of LINE Messenger.
This approach combines elements of Web2's free-to-play and in-app buying styles with Web3's digital assets, enabling game developers to generate stable revenue.
"We are seeing explosive growth in all regions where LINE is prevalent. This proves that we are now ready to popularize Web3, and with Dapps planning to list their tokens, we expect to further expand our user base," said Youngsu Ko, CEO of LINE NEXT.
Dr. Sam Seo, Chairman of Kaia DLT Foundation, added: "Hitting such remarkable achievements in just one month since launching Mini Dapps showcases how a blockchain ecosystem can drive profitable growth while enhancing scalability. Aiming to deliver the best of Web3 to Asian users, Kaia will continue to evolve by collaborating with exceptional builders and partners worldwide."
Next on the agenda is the launch of Kaia's own USD stablecoin, which will further facilitate seamless payments and provide builders with smooth cash-out options using $KAIA and stablecoins pegged to fiat currency. The goal is to integrate blockchain payments seamlessly into the fabric of Asia's top messaging apps, merging the strengths of both worlds.
This initiative is part of broader efforts to introduce crypto technologies and services to new audiences.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Why Cardano's Growth Signals It Could Lead the Next Altcoin Explosion – New Presales Showing Immense Potential
- Mar 07, 2025 at 01:50 am
- Cardano (ADA) is having an impressive week, surging over 40% to trade around $0.95. This rally signals growing strength in the altcoin market, and with this momentum, ADA could potentially outshine rivals like Solana.
-
-
-
-
- XRP is trading at a 5.11% premium to Bitcoin (BTC) today, and that is quite telling.
- Mar 07, 2025 at 01:45 am
- Today is another day where XRP has shined green against its major counterpart. There is clearly a bidding war going on in the altcoin's order books, and the arithmetic is simple, as Bitcoin loses 1.25%
-
- FXGuys (FXG) is gearing up to surpass Ripple (XRP) and Avalanche (AVAX) in gains as the market recovers
- Mar 07, 2025 at 01:45 am
- FXGuys aims to reach market players in far-reaching ways than these top altcoins. FXG's mission is to enhance crypto trading by offering trading capital and providing additional revenue streams
-
-
- Solana (SOL) Co-Founder Anatoly Yakovenko Opposed the Inclusion of His Network in Donald Trump's Crypto-Driven Federal Reserve
- Mar 07, 2025 at 01:30 am
- The quickest Layer-1 blockchain's inclusion in Donald Trump's crypto-driven federal reserve came as a surprise to many, including one of Solana's (SOL) founding members.
-
- Solana Navigates a Pivotal Moment as Its Decision-makers Explore a Significant Economic Overhaul Aimed at Enhancing the Investment Appeal of Its Native Token, SOL.
- Mar 07, 2025 at 01:30 am
- Central to this discussion is the issue of inflation, which, while deemed necessary for sustainability in proof-of-stake blockchains like Solana