The new brand Kaia from Klaytn and Finschia will go live on the main network at 10:00 on August 29th

News on August 29, according to the official press release, Kaia mainnet will be launched at 10 o'clock on August 29. Kaia is a product of the merger between Klaytn under Kakao and Finschia under LINE in April this year. Kakao operates an instant messaging application used by 96% of Koreans, while LINE is the main communication platform in Japan, Taiwan and Thailand. Its ultimate goal is to establish an ecosystem that supports DeFi, games, RWA and Web3-based communication applications.