Coinspeaker
Klaytn and Finschia Foundations Propose Merger for Asia’s Premier Web3 Ecosystem
Klaytn and Finschia Foundations have announced a joint proposal for a merger, seeking to create a new mainnet that not only boasts technological superiority but also envisions becoming Asia’s premier Web3 ecosystem.
We weren’t joking when we said 2024 is going to be wild – we’ve just submitted a governance proposal to merge the #Klaytn and @finschia blockchains to create Asia’s largest Web3 ecosystem! Details below 🧵https://t.co/rNsqxxjBsj pic.twitter.com/mvJHPGdYof
— Klaytn (@klaytn_official) January 16, 2024
Objectives of Klaytn and Finschia’s Merger
The proposal, open for discussion with governance voting scheduled from January 26 to February 2, aims to consolidate the foundations into a single entity, combining their technological prowess, services, and extensive business networks.
The primary objective of this proposed merger is to establish a new industry leader with a
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