KAITO Token Airdrop and Upcoming Exchange Listings on Base Network

The KAITO token’s airdrop has commenced on the Base network, aligned with its upcoming exchange listings. With a total supply of 1 billion, 24% will be circulating at listing, including 10% for early community airdrops. KAITO serves as an AI-driven crypto search engine, rewarding engagement on social media. Critiques of the project focus on its tokenomics timing and long-term viability.

The KAITO token, with a total supply of 1 billion, has launched its airdrop claims on the Base network, coinciding with upcoming listings on major exchanges such as Binance and OKX. This development signifies a key achievement for the project, aiming to engage in the growing tokenised attention economy.

Upon its exchange listing, approximately 24% of the KAITO supply will be in circulation, with 10% allocated for the initial community and ecosystem airdrop. This initial distribution primarily targets early participants within the Kaito Yapper community, Genesis NFT holders, and various ecosystem partners. An additional 2% is reserved for airdrops linked to the Binance HODLer program.

The tokenomics for KAITO indicate that 32.2% of the total supply is committed to ecosystem and network expansion, while 7.5% is aimed at incentivising long-term creators. Further allocations include 10% for the Kaito Foundation, 25% for core contributors, and 8.3% for early backers.

Kaito functions as an AI-powered crypto search engine and “InfoFi” network, enhancing the discovery and tracking of crypto content across Web3 platforms. Users contributing valuable social media content, termed “Yappers”, are rewarded according to their engagement metrics.

Data shows that KAITO Yaps are gaining traction in social media, with a leaderboard reflecting the influence of content creators. Analysts suggest that the value of Yaps could range from $20 to $140 per point, dependent on KAITO’s fully diluted market valuation projected at $1.3 billion.

However, some critics question the timing of the tokenomics release, voicing concerns about the project’s sustainability and its potential effects on the quality of crypto discourse on social media.

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