On July 22, Kaito AI officially announced on X that "Capital Launchpad has been officially launched. The first Initial Community Offering will officially start tomorrow, with Espresso as the partner. Espresso is a base layer designed for Rollup, featuring real-time finality, cross-chain composability, and Ethereum compatibility, aiming to empower a multi-chain future.
This round of funding is only open to Espresso and Kaito communities. Users can deposit funds and apply for subscription starting from 12 PM UTC tomorrow, with a maximum individual subscription limit of $100,000 worth of ESP tokens. The final allocation will be determined by the Espresso Foundation."
