[Alpha Biz=(Chicago) Reporter Kim Jisun] The merger of 'NAKAO (Naver + Kakao) Coin', known as the first merger and acquisition (M & A) of Coinpan, was confirmed on the 15th. Immediately after the news of the merger, related coins fell slightly.

NAKAO coin is a new integrated token (PDT, tentative name) of Klaytn (KLAY) and FNSA.

The FNSA-Klaytn Network Integration Agenda, jointly proposed by the FNSA Foundation and the Clayton Foundation, was approved on the same day according to the results of the governance vote. The two foundations are expected to build Asia's largest Web 3 governance through the launch of an integrated mainnet in the future.

The proposal for a plan to integrate the two foundations was approved by a vote of governance members. It recorded 95% in favor of FNSA and 90% in favor of Clayton.

The two foundations will run a task force (TF) for chain integration and the establishment of an integrated foundation by the second quarter of this year. The foundation is set up in Abu Dhabi, UAE.

In order to operate the integrated mainnet efficiently, a governance system is set up as one. Existing organizations and tasks will be transferred to the integrated foundation.

The board of directors will form a group of leaders with the same seats in FNSA and Klaytn as a joint operating system. Through this, we plan to develop and operate a new decentralized integrated mainnet.

 

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