Kaia DLT Foundation Launches Innovative Mini dApps on LINE Messenger, Attracting 35M Users

Kaia DLT Foundation, a well-known L1 blockchain company based in Abu Dhabi, has recently announced cutting-edge Mini dApps for LINE Messenger

Abu Dhabi-based L1 blockchain company, Kaia DLT Foundation, has announced cutting-edge Mini dApps for LINE Messenger, which operates under LINE NEXT Inc. These groundbreaking Mini dApps have achieved a massive user base of 35M within one month, and in-app sales have reached $2M.

This landmark achievement has significantly contributed to expanding Web3 adoption across the Asian region. To delve deeper into this strategic partnership between Kaia DLT Foundation and LINE NEXT, we had the pleasure of interviewing Dr. Sam Seo, Chairman of Kaia DLT Foundation. Sam and the Kaia team are aimed at revolutionizing worldwide Web3 accessibility.

Q1. What are the key factors driving the adoption of Mini dApps powered by Kaia DLT Foundation?

Kaia and LINE NEXT have built the Mini Dapp ecosystem inside LINE Messenger, which has more than 196 million users worldwide and a user interface that is seamless and user-friendly, free from the complexities of traditional Dapps. Since last October, the two partners also launched the Kaia Wave builder program to identify and support exceptional Mini Dapp projects.

Kaia Wave has boosted our joint business initiatives in Asia and beyond, providing SDKs that enhance the efficiency of builders’ work. As such, the program has attracted around 1,000 applicants to develop their Mini Dapps, so far. Moreover, we have focused on Asia, including Japan, Taiwan, and Thailand, where consumers spend 40% more on in-app purchases (IAP), making them significant contributors to the global IAP economy. 1

Q2. How does the user base of LINE Messenger contribute to expediting the acceptance of Kaia’s Mini Dapps in Asia?

LINE has a dominant market presence in Japan, Taiwan, and Thailand, along with significant recognition in other countries. Through our exclusive partnership with LINE NEXT, we gained entry to the ecosystem of one of the most successful messaging apps, allowing us to connect with over 196 million LINE users. Consequently, Mini Dapps and Dapp Portal attracted over 35 million cumulative users within just one month of launch, achieving an impressive ARPPU of up to USD 39.

According to Flipside, Kaia has become the third-largest EVM blockchain in terms of active wallet addresses2. Additionally, LINE’s user interface allows both Web2 and Web3 users to easily utilize the Dapps without going through complicated steps like user authentication, wallet connection, and more.

Hashed, a prominent name in blockchain space, and Dune Analytcis, a globally known crypto analytical platform, have also supported the stance that Kaia achieved the milestone of the highest daily blockchain transactions. Based on such factual support, Kaia has an exceptional reputation in daily blockchain transactions, leaving competitors in this regard.

Q3. What benefits does the 13% Paying User Rate provide in comparison with conventional Web2 apps?

With a higher PUR, apps can achieve their growth in a more sustainable state. In our case, 13 out of 100 people purchased in-app items for the app’s profit at least once. This is significant for both LINE and Kaia, as a portion of the revenue generated from Dapp Portal is used for buybacks of $KAIA, which contribute to the growth of the Kaia blockchain ecosystem and support the performance of Mini Dapp projects.

This model leads to increased transactions on the Kaia chain. In the long run, Kaia can expand its ecosystem consistently while ensuring Web3 projects build sustainable revenue streams beyond TGEs, transaction fees, and volatile token price action.

Q4. What is the role of Kaia and LINE Messenger’s merger in offering seamless onboarding to facilitate novice users in Web3?

LINE Messenger delivers a hassle-free, Web2-like user interface to Dapp Portal, helping both seasoned Web3 users and Web2 or novice Web3 consumers avoid the complexity that has kept traditional Dapps from achieving more in consumer markets.

The enhanced features include fiat/crypto hybrid payment, keyless digital wallet, fast transaction settlement, and fee delegation functions. These innovative Web3 features will transform the user experience like never before.

Q5. How are the Kaia-powered Mini Dapps beneficial for the cutting-edge hybrid models of crypto/fiat payments?

The integration of crypto/fiat payment options will further facilitate hybrid business models. By adding more liquidity through digital asset payments, the hybrid business model can maximize the benefit of Web2’s established free-to-play (F2P) and in-app purchases on Mini Dapps.

Along with crypto and fiat, the supply of the USD-pegged stablecoin on the Kaia chain will be able to enhance the hybrid payment model, further boosting efficiency. Furthermore, all payments, including paid fiat, are repurchased into