Kaito AI founder: Strategic acquisition of KAITO is to benefit token holders

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ChainCatcher
12 hours ago
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According to ChainCatcher, Yu Hu, the founder of Kaito AI, posted on platform X saying: "An investor in a liquid fund asked me why we are strategically acquiring KAITO while in such a high-growth stage, after all, any conventional buyback program in the stock market means you will exhaust other growth means. To me, the reason is simple - the biggest problem for most tokens in the crypto space is coordination/governance, no matter what stage of growth you are in, if the network's success does not benefit the token holders, then why would anyone be willing to risk their capital with you? Frankly, this applies not only to the strategic KAITO reserve, but actually to everything we do at Kaito."

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