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Regarding the Recent Kaito's New Token Platform
When I woke up and saw that the @TheoriqAI team changed the TGE terms, from 25% TGE unlock (37.5% after one year, then another 37.5% vesting), to 100% TGE unlock, I finally decided to participate in this new token offering.
To be honest, after seeing the details and terms of the first Kaito Launchpad project @espressoFNDN, I was very disappointed. Not only because I didn't see enough empowerment for the Kaito Eco (such as the expected $Kaito gold shovel effect), but also because I discovered the huge gap between VC project expectations and market reality.
0% unlock, 50% of tokens after a 1-year cliff, then linear release over a year? What kind of brain could come up with such conditions for retail investors? Are we still in the VC golden age? The Qing Dynasty has long fallen.
In an era where overhyped projects often drop 90% a year later, projects with no community heat and foundation have no right to tell me they'll start unlocking after a year.
Then I saw the announcement of the second @TheoriqAI. When I initially heard about 25% TGE unlock, I thought it was finally somewhat reasonable. But after a closer look, the remaining 75% again has a one-year cliff, which really made me laugh in frustration.
I can understand the project team's desire to select so-called "believer retail investors", but at this point, selecting through a one-year lock might be a bit too arrogant. I asked around KOLs, and most felt it was a mediocre deal.
Fortunately, after hearing intense market feedback, they turned around and changed TGE to 100% unlock, also stating that early participants can get a guaranteed allocation, making the deal much more attractive.
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In the past few days, possibly due to disappointment with the Launchpad's first project, the unstaking amount of $Kaito and its price trend were not great, with some holders voting with their feet, feeling it didn't meet expectations.
After all, even if projects on the pad generate revenue shared with sKaito holders, if sales aren't hot and subscription enthusiasm is low, fewer projects will want to launch, thereby reducing platform revenue.
So in my view, @TheoriqAI's admission and term adjustment is quite important (for them and for Kaito). After the change, subscription willingness significantly increased, and it's now oversubscribed - this is the popularity a new platform should have.
In contrast, @espressoFNDN is currently only 25% complete, and I think it's highly likely not to fill up and will quickly disappear like a small wave in the timeline.
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I heard Kaito will have many more projects, with the Pad not just focusing on boutique projects but aiming to occupy market share.
I plan to continue watching subsequent developments, as the @Punk9277 team's iteration and adjustment speed is top-tier in the industry. The Pad didn't surprise me initially, but future prospects remain open.
Today, I saw one of Kaito's top Chinese critics, @Greta0086, lamenting that Kaito is indeed a rare Chinese project that maintains continuous heat 🤣🤣.
Indeed, whether it was the previous "KOL domestication controversy", "mouth pollution of social media", or current "airdrop distribution rules", despite ongoing disputes, @KaitoAI has always been in the spotlight, quickly iterating and finding Infofi's survival path, becoming the real Infofi leader among numerous copycats.
It might not be perfect, but I still Respect a team full of fighting spirit and desire to win. Being a track pioneer is far more difficult than being a copycat or critic.
I'm willing to give more patience. Good Luck @KaitoAI

Kaito AI
@KaitoAI
07-26
Theoriq are officially over-subscribed on the Capital Launchpad!!
Congrats to everyone involved - with so much interest, their team is also looking to increase the round size to accommodate - so pledging continues!
As well as working with us on a solution for those wanting to x.com/TheoriqAI/stat…


The number one black fan deserves the title haha
But in recent years, there are too few phenomenal projects such as galxe, hyperliquiquit, gmgn, and kaito in the Chinese area.
Well, they deserve to be criticized, but I think they are still a phenomenal organic innovation, so I plan to be as tolerant and supportive as possible. I certainly can’t say they are perfect.
The list was tampered with privately, and high scores were given to the parallel import employees. Any fud cannot be tolerated, and it can never be erased 😂
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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