Seoul, South Korea, 10th December 2024, ZEX PR WIRE, The team at Kaichain has recently announced some exciting plans for this fast blockchain project. In fact, the platform is set to launch an Initial Exchange Offering, or IEO, on three prominent exchanges.
P2B2B, LATOKEN, and XT will join the IEO launch together, with more plans for expansion in 2025. This surely is big news concerning Kaichain, which has already attracted the attention of Web3 enthusiasts.
IEO Launch Across Three Prominent Exchanges
Without any doubt, the immediate big news of the Kaichain project is the IEO launch on three mainline exchanges: P2P2B, LAToken, and XT. These platforms are bound to increase the visibility and give more access both to would-be investors and users.
Most big blockchains rely on funding from large investors or VCs before developing their platform. However, Kaichain has taken a different approach. The team has already deployed a fully working blockchain without any support from big investors. The project is promoting fair play for both retailers and big investors alike.
Without any doubt, the immediate big news of the Kaichain project is the immediate IEO launch on three mainline exchanges: P2P2B, LAToken, and XT. These are bound to increase the visibility and give more access both to would-be investors and users. In comparison to other projects on popular blockchains like Binance Chain and Avalanche, Kaichain proves to be much more cost-efficient.
This main feature largely relies on a system called “Proof of Authority” (or “POA”). This is a large improvement compared to the old-fashioned “Proof of Work” (PoW) model.
But Kaichain doesn’t stop there. The team behind the project is also building an entire ecosystem around its blockchain, with various dApps in development. These will not only add value to the blockchain but also benefit KEC holders through airdrops of corresponding tokens.
Ambitious Roadmap for Growth and Adoption in 2025
The Kaichain team won’t stop at P2b2b, LAToken, and XT. In fact, this team has even more ambitious plans for growth and adoption in 2025. By the first quarter of the year, the team aims to list on at least 2-3 additional exchanges. This choice will expand Kaichain’s reach and increase trading opportunities for users.
This will also help attract new investors and drive up demand for the project’s native tokens.
Many milestones have been completed, with development starting in Q4 of 2021 and the testnet testing phase running throughout 2022. In Q3 of 2022, the testnet has been deployed along with social media account creation to engage with the community. A faucet community test also took place during this time to gather feedback from early users.
In Q2 of 2023, the mainnet was successfully deployed, among other things. The first dApp creation, a multisender, was also launched in Q4 of 2023. Early this year, their token creation tool was deployed. Anyone can now create a token on Kaichain’s blockchain for almost free.
The team’s current focus is on the ongoing development of Kai Games and dApps, and an explorer upgrade has been completed in Q4 of this year.
Looking towards the future, Q1-Q2 2025 will see the development and launch of Kai DEX, Kai Launch, and mini games. All of these initiatives will further enhance the project’s ecosystem and attract more users.
In Q3, the team plans to secure more CEX listings and partnerships. This will provide even greater exposure for the project and its tokens. By Q4 of 2025, Kaichain will establish Kai Labs, collaborate with other projects, and continue its marketing efforts. The development of a new game is also on the horizon.
About Kaichain
Kaichain is an innovative permissioned blockchain solution built to solve the problems in the current blockchain industry. It offers fast and efficient transactions with a proof-of-authority consensus, making it more energy-efficient compared to other major ecosystems.
The team behind Kaichain is made up of passionate individuals from various backgrounds. These developers are dedicated to creating a better future for the crypto community.
Kaichain’s mission is to create the safest, fastest, and most reliable blockchain while minimizing carbon footprint. With this vision in mind, they aim to give people full control over their digital identity and information.
Anyone curious to learn more about Kaichain should start from the project’s website, landing page, mainnet explorer and official documentation. Also, the social media pages below provide updates about Kaichain’s developments and news.
X (Twitter) | Telegram | Facebook | Discord
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