Kadena is the first Layer 1 solution to utilize Proof-of-Work while providing a scalable and highly secure technology platform. Their current focus is on achieving hyper-growth and mass adoption of the Kadena platform.
In April 2022, they launched a $100 Million grant program aimed at supporting web3 builders. Promising projects developed by teams using the Kadena network would receive funding and continued development support. Presently, Kadena is working on more than 46 projects in collaboration with prominent names such as Binance, Crypto.com, Polkadot, Ledger, and others. Their areas of development include Gaming, NFTs, Metaverse, Web3, DeFi, and DAO.
Kadena's Layer 1 solution aims to address real-world issues associated with centralized systems, such as inefficiency, insecurity, and centralized control. Despite competition in the market with other solutions offering 50,000 TPS+, Kadena stands out due to its unique security approach with Proof of Work.
The adoption of the $KDA token is expected to be widespread among real-world customers since it will be utilized for all transactions on the Kadena platform, both by individuals and businesses.
The company was founded in 2016 by Stuart Popejoy and Will Martino, who left their roles at JP Morgan after creating JP Morgan's first blockchain. Stuart Popejoy has 20k followers on Twitter, while Will Martino has 22k followers. Kadena showcases its core employees on their website, providing details of their past experiences and qualities, including working for reputable companies like Disney, Apple, Microsoft, Twitter, and more.
Regarding community engagement, Kadena regularly provides weekly and monthly updates through social media and their website. They also host numerous AMA sessions, fostering community interaction.
Kadena has a medium-sized community, but it shows promising engagement numbers with their social media posts. Their marketing strategy primarily revolves around social media, with potential plans for real-world marketing in the future, possibly during the next bull run. Show Less
