Mini Dapps on LINE powered by Kaia have garnered over 35 million users in just one month, with in-app sales soaring up to $2 million, particularly in Japan, Taiwan, Thailand, and Korea.
The impressive per user revenue (ARPPU) of $39 and a paying user rate (PUR) of around 13% contribute to the platform's strong performance.
Dapp Portal on LINE Messenger facilitated over 7.37 million new digital wallets, reflecting a 1,168% increase, with 3 million new wallets attributed to Dapp Portal alone.
Kaia has become the third-largest EVM blockchain in active wallet addresses, reflecting the substantial growth of active users and monthly transactions.
The Mini Dapp platform on LINE Messenger, a collaboration between Kaia and LINE NEXT, offers a seamless user experience within Asia, where LINE Messenger boasts approximately 196 million users.
Kaia aims to introduce a native USD stablecoin on its network to enhance payments infrastructure and enable blockchain-based digital payment solutions aligned with popular messaging superapps in Asia.
Dr. Sam Seo, Chairman of Kaia DLT Foundation, emphasizes the platform's success in driving profitable growth and scalability, focusing on delivering Web3 benefits to Asian users through partnerships and innovations.
LINE NEXT Inc. is dedicated to expanding its Web3 business globally, offering users innovative digital experiences and establishing a thriving Web3 ecosystem.
Kaia, as Asia's largest Web3 ecosystem, merges the Klaytn and Finschia blockchains developed by Kakao and LINE, providing over 250 million users with an accessible Web3 experience within messenger superapps.
The Kaia DLT Foundation in Abu Dhabi drives the adoption of new technologies and fosters sustainability in blockchain development, ensuring a transparent and accessible blockchain platform for developers and users.