Kaia DLT Foundation Launches Mini dApps for LINE Messenger

Kaia DLT Foundation, an L1 blockchain company from Abu Dhabi, recently introduced innovative Mini dApps for LINE Messenger, operated by LINE NEXT Inc. Within a month, these Mini dApps have attracted 35 million users and generated $2 million in sales.

This milestone has greatly advanced Web3 adoption in Asia. In an interview with Dr. Sam Seo, Chairman of Kaia DLT Foundation, he discussed the strategic partnership with LINE NEXT and the goal of enhancing global Web3 accessibility.

Key Factors Driving Mini DApp Adoption

Kaia and LINE NEXT have launched the Mini Dapp ecosystem on LINE Messenger, which has over 196 million global users. The user-friendly interface facilitates seamless interactions, unlike traditional DApps. The Kaia Wave builder program has attracted around 1,000 applicants aiming to create their own Mini DApps, particularly focusing on Asia, where consumers spend significantly on in-app purchases.

Contribution of LINE Messenger’s User Base

Based on its strong presence, especially in Japan, Taiwan, and Thailand, the partnership with LINE NEXT grants access to a broad user base. In just one month post-launch, Kaia’s Mini Dapps and Dapp Portal saw over 35 million users with an impressive Average Revenue Per Paying User (ARPPU). Kaia is currently the third-largest EVM blockchain by active wallet addresses.

Benefits of the 13% Paying User Rate

A higher Paying User Rate (PUR) encourages sustainable growth. In Kaia’s case, 13 out of every 100 users made a purchase, which supports the blockchain ecosystem’s expansion through buybacks of the $KAIA token, stabilizing Mini Dapp revenue streams.

Streamlined Onboarding through LINE Messenger

LINE Messenger simplifies access to DApp Portal for both experienced and novice users, with features such as fiat/crypto payment options and keyless wallets, improving the overall user experience.

Advantages of Hybrid Payment Models

Integrating fiat and crypto payment options enhances liquidity and maximizes the potential of established business models like free-to-play gaming. The introduction of a USD-pegged stablecoin on the Kaia chain will further improve the payment landscape.

Contribution of Web3 Monetization Models

Kaia’s Mini Dapps permit in-app purchases via fiat or crypto, providing instant access to digital goods. Future developments involving more Mini Dapp tokens will foster scalability and sustainability.

Planned Launch of USD Stablecoin

Details are pending, but Kaia may allow users to purchase Mini Dapp items and NFTs using a USD-pegged stablecoin soon.

Roadmap for Expanding Web3 Services

Kaia and LINE NEXT plan to continuously introduce unique Mini Dapps and promote them in Asian markets. By year-end, hundreds of more Mini Dapps will be available to LINE users, with ongoing collaboration aimed at establishing Kaia as a leader in Web3 services.

Position on Other Blockchain Collaborations

Recently, another blockchain announced a partnership with LINE HQ, but Kaia clarified that no such relation affects their exclusive partnership with LINE NEXT for Web3 initiatives. Kaia’s technical integration capabilities currently surpass those of competitors.

Conclusion

Dr. Sam Seo emphasizes Kaia DLT Foundation’s strategic collaboration with LINE NEXT to enhance Web3 accessibility through Mini Dapps. With a growing user base and easy onboarding, Kaia is poised to champion blockchain adoption in Asia and globally, maintaining a focus on innovation and sustainable growth.