Klaytn Foundation Plans Kaia Community Committee to Enhance Governance

IconCryptoNewsTerminal Staff20 May, 2024

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Klaytn Foundation Plans Kaia Community Committee to Enhance Governance

The Klaytn Foundation has proposed a governance proposal for the launch of a Kaia Community Committee in the official community for the integrated chain Kaia with Phichainsia (FNSA). The committee aims to harness the community's insights and participation in developing and executing new projects and initiatives. According to the foundation, the committee will support the expansion of the Kaia chain's global user base and foster collaboration with a broader range of projects and communities. The Community Committee will be supported by the Kaia Ecosystem Fund (KEF), and the candidate for the chairperson must submit a one-year operating budget for community approval. The establishment of the Community Committee aligns with the Klaytn and Phichainsia's announcement in April, where they unveiled the name Kaia for the integrated foundation and planned to launch the Kaia mainnet by the end of June.