KAIA Challenges TON With 22.8M Users, But Analysts See Signs of Fake Activity
- KAIA hit 22.8M users in April, but analysts warn airdrop farming may be inflating activity
- Mini dApp usage on KAIA shows volume spikes, suggesting artificial growth via token farming
- KAIA integrates LINE and KakaoTalk to embed Web3 gaming in Asia’s leading chat platforms
Web3 gaming network KAIA set a new benchmark in April, recording 22.8 million active users — a surge that now puts it in direct competition with The Open Network (TON). But on-chain data suggests the spike may be artificially inflated by widespread airdrop farming.
Some of the most popular mini decentralized applications (mini dApps) on KAIA — including Frog Defense, Kyuzo’s Friends, and Darkstar — each attracted over 1 million users last month. These games are central to KAIA’s growth narrative, especially as the platform seeks to bring Web3 gaming into the mainstream across Asia.
Designed for mobile-first users, KAIA leverages integrations with LINE and KakaoTalk to deliver blockchain-powered games through apps that already dominate Asia’s messaging landscape. But while the numbers are eye-catching, analysts caution that they may not reflect genuine engagement.
Analysts…
The post KAIA Challenges TON With 22.8M Users, But Analysts See Signs of Fake Activity appeared first on Coin Edition.
Read More
TRON’s JST Token Set for Explosive Growth: Is It the Next AAVE or MKR?
ProShares Set to Launch Three XRP Futures ETFs This May After SEC Approval
KAIA Challenges TON With 22.8M Users, But Analysts See Signs of Fake Activity
- KAIA hit 22.8M users in April, but analysts warn airdrop farming may be inflating activity
- Mini dApp usage on KAIA shows volume spikes, suggesting artificial growth via token farming
- KAIA integrates LINE and KakaoTalk to embed Web3 gaming in Asia’s leading chat platforms
Web3 gaming network KAIA set a new benchmark in April, recording 22.8 million active users — a surge that now puts it in direct competition with The Open Network (TON). But on-chain data suggests the spike may be artificially inflated by widespread airdrop farming.
Some of the most popular mini decentralized applications (mini dApps) on KAIA — including Frog Defense, Kyuzo’s Friends, and Darkstar — each attracted over 1 million users last month. These games are central to KAIA’s growth narrative, especially as the platform seeks to bring Web3 gaming into the mainstream across Asia.
Designed for mobile-first users, KAIA leverages integrations with LINE and KakaoTalk to deliver blockchain-powered games through apps that already dominate Asia’s messaging landscape. But while the numbers are eye-catching, analysts caution that they may not reflect genuine engagement.
Analysts…
The post KAIA Challenges TON With 22.8M Users, But Analysts See Signs of Fake Activity appeared first on Coin Edition.
Read More
TRON’s JST Token Set for Explosive Growth: Is It the Next AAVE or MKR?