KLAY, an asset that represents the Klaytn blockchain platform which, in turn, is led by the South Korean Internet giant Kakao, has now been listed on the Bittrex Global cryptocurrency exchange, according to a press release from the group. It will specifically tie to the BTC and USDT markets.
“Developed by Ground X,” the release notes, “the blockchain affiliate of Korea’s no. 1 mobile messenger platform, Kakao, Klaytn is a public blockchain platform. Klaytn focuses on empowering developers and businesses to offer blockchain services with responsiveness, robustness, and usability on par with those based on legacy technologies, so as to remove adoption hurdles.”
Klaytn has been celebrating the 1-year launch of its platform. To do so, they are “implementing a fee delegation policy for our partners operating blockchain applications on the Klaytn platform.” This means it will pay for all transaction fees occurring by those who are running service on the platform. The goal, of course, is to entice more users, both on the user and developer side, to get involved in the space.
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