TechFlow news, the foundation of Kaia, formed by the merger of Finschia and Klaytn, has submitted a proposal to the Kaia Governance Council to establish the Kaia Community Council (KCC). The proposal aims to accelerate and enhance the expansion of the Kaia ecosystem through the creation of specialized sub-committees.
According to the proposal, the KCC will launch as the first sub-committee, comprising two branches: the BUGHOLE Committee and the KnightFury Alliance. Each branch will receive an operational budget of 1.5 million KLAY tokens for activities such as investments and marketing.
The initial operational period for the KCC will be six months, after which its continuation will be determined based on performance evaluation. The Kaia Foundation stated that establishing the KCC marks a significant milestone toward sustainable growth of the Kaia ecosystem and is currently awaiting voting approval from the Kaia Governance Council. If approved, the KCC will commence operations immediately following the vote.
Previous report, Kaia, the Layer 1 blockchain launched by messaging giants Kakao and LINE, will go live on mainnet today at 10:00 AM.
