FNSA to KAIA Swap Ends

Abstract Chain Analysis: How to Build a Consumer-Oriented Public Chain Ecosystem? TL;DR Abstract Chain is a consumer-oriented blockchain launched in January 2025, dedicated to promoting the mainstream adoption of cryptocurrency technology and creating an easy-to-use platform with a sense of participation. Abstract Chain provides a smooth user experience through native account abstraction and leverages the established advantages of the Pudgy Penguins and PENGU fan communities to offer differentiated value with a unique user structure.

Crypto Market Weekly | W49 Market Overview Main trends in the market Market Sentiment and Trends: The market sentiment index has risen to 91%, entering the extreme greed zone. Although BTC briefly broke through 100,000 USD on Thursday and then retraced, the overall market resilience remains strong. ETH's strong performance has driven a comprehensive rise in the crypto market, demonstrating sustained confidence in mainstream cryptocurrencies. Capital Flow Analysis: This week, the market capitalization of stablecoins has steadily increased, with USDT rising by 1.74% to $141 billion and USDC increasing by 2.03% to $40.2 billion, indicating that new funds continue to flow into the crypto market. On-chain data shows frequent large transfer activities, with clear signs of institutional funds entering the market. The over-the-counter premium remains within a reasonable range, indicating that the supply and demand of market funds are in a healthy state. DeFi Performance: The total locked value in the DeFi sector ( TVL ) has significantly increased from 46.8 billion USD.

Challenges and Opportunities in the Gaming Industry: How KGeN is Reshaping User Acquisition 1. Introduction The gaming industry has surpassed the film and music industries in scale, but has faced severe challenges in recent years. In 2023-2024, the industry is experiencing a wave of layoffs and consolidation, with skyrocketing development costs and significant reductions in investment. Game publishing and distribution are becoming increasingly difficult, as the proliferation of AI content, platform saturation, and players' preference for established IPs make it hard for new projects to stand out. Nevertheless, there are still huge opportunities in the industry. Gen Z and Gen Alpha, as digital natives, will continue to drive market expansion. At the same time, the "Global South" market is experiencing explosive growth and will become an important incremental market for the gaming industry in the next decade. This report will explore the latest challenges in game publishing, analyze the high-growth opportunities in the "Global South," and focus on KGeN—a blockchain-based gaming platform aimed at reshaping the incentives between publishers and players.

Since its launch in 2024, the Kaia public chain has actively participated in the ecological construction of stablecoins and payment sectors. With cooperation from well-known technology companies, it plans to launch a Korean won stablecoin, supported by policies and sparking market discussions. However, facing legal and Compliance challenges, the project's prospects remain uncertain. Kaia's technological advantages and integration with social platforms enhance user experience, with future potential for expansion in Financial Service and Decentralized Finance.

Current Status of the Gaming Industry and Analysis of the KGeN Platform 1. Introduction The scale of the gaming industry has surpassed that of movies and music, but it has faced severe challenges in recent years. From 2023 to 2024, the industry has encountered waves of layoffs and consolidation, soaring development costs, and significant reductions in investment. Game publishing and distribution have become increasingly difficult, with the proliferation of AI content, market saturation, and players' preference for mature IPs making it hard for new projects to stand out. Nevertheless, there are still huge opportunities in the industry. The purchasing power of the digital native generation will continue to drive market expansion. At the same time, the "Global South" market is experiencing explosive growth and is set to become an important incremental market for the gaming industry in the next decade. This report will explore the latest challenges in game publishing, analyze the high-growth opportunities in the "Global South," and focus on KGeN - a blockchain-based platform designed to reshape the incentive mechanisms between publishers and players. We will also assess the Web3 task platform's