Kaia (KLAY)

Basics

• Based in:
• Started in / Announced on:
• Testnet release:
• Mainnet release:

History

• From this CoinDesk article:

"South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon to make its first official exchange listing on Upbit’s platform." Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a Medium post.

The auction will run for 12 hours, or until a yet-to-be-determined hard cap is hit. Subsequently, successful bidders will receive their klays on Sept. 19. A klay/bitcoin trading pair will be enabled at a future date.

The exchange added that Upbit and Klaytn won’t profit from the auction and Upbit will “redistribute all proceeds” to users in the future.

Kakao has not responded to questions from CoinDesk regarding how it plans to redistribute the proceeds and how much klay cryptocurrency it will make available for the auction. The exchange did say a total of 10 billion klay will be distributed through to 2021 in monthly tranches ranging from 29 million to 278 million tokens."

Audits & Exploits

• Bug bounty program can be found [insert here].

Technology

• Whitepaper or docs can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Roadmap

• Can be found [Insert link here].

Competition

• Diem

Team, Funding and Partners

Team

• Full team can be found [here].
• Kakao

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