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What is KLAY?
KLAY is the cryptocurrency that powers the Klatyn protocol.
Token Utility
KLAY can be staked, earned as rewards, and used for transaction fees.Â
Brief History
Launched by Ground X, the blockchain arm of South Korean internet company Kakao, Klatyn protocol is a proprietary blockchain protocol. The technology was built to address frictions faced by online and mobile services that may arise when using today’s blockchain solutions.Â
KLAY - in their own words
Launched in June 2019, the Klaytn blockchain network is focused on supporting metaverse and gamefi activations, as well as the creator economy as a whole. Klaytn prioritizes simplicity for the metaverse, and provides an end-to-end metaverse package, including but not limited to:
For more information on the Klaytn protocol, click here.
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