Kaito’s Tokenomics: A Comedy of Errors!

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Ah, the drama surrounding Kaito AI’s tokenomics is enough to make Molière himself chuckle! As you may know, Kaito AI has revealed its tokenomics, and it’s a doozy!

The official website states that more than half (56.67%) of the total supply is allocated to Community and Ecosystem. But wait, there’s more! Some onchain analysts have raised concerns about insider allocations, with 43.3% of the total supply earmarked for insiders – 35% for the team and 8.3% for early investors. Scandalous!

But fear not, dear reader! Kaito AI has also set aside 10% for airdrops, 2% for Binance community partnerships, and a mere 25% for core contributors. Surely, they deserve it, right?

Now, let’s not forget about Kaito’s Yaps, an open, permissionless protocol designed to tokenize attention. It has already been integrated into reward distribution models and SocialFi innovations. Who needs quality discussion when you can tokenize attention, eh?

Alas, Kaito has received criticism for its over-sensational marketing and the lowering of the quality of discussion on Crypto Twitter. Hasu, Strategy Lead at Flashbots and Strategic Advisor to Lido, has even commented that Kaito has made CT a “much shittier place.” Oh, the irony!

Kaito has made CT a much shittier place. Discussion quality has gone down, outrage marketing has further gone up. You can really tell which people are performing for the algorithm.

If you’re reading this – you know who you are.

— Hasu⚡️🤖 (@hasufl) February 6, 2025

So, there you have it! Kaito’s tokenomics: a comedy of errors, indeed!

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2025-02-20 17:50