The KAITO token, which has a total supply of 1 billion tokens, is now available for airdrop claims on the Base network.
The KAITO token, which has a total supply of 1 billion tokens, is now available for airdrop claims on the Base network, just ahead of its listing on centralized exchanges like Binance and OKX. This marks a significant milestone for the project, which aims to integrate its token into the burgeoning tokenized attention economy.
Approximately 24% of KAITO's total supply will be circulating at the time of listing, with 10% allocated to the initial community and ecosystem airdrop.
This initial airdrop primarily targets the early Kaito Yapper community, Genesis NFT holders, and other ecosystem partners. An additional 2% of the supply is reserved for airdrops through the Binance HODLer program.
The project's tokenomics reveal that 32.2% of the remaining supply is earmarked for ecosystem and network growth, while 7.5% is set aside for long-term creator incentives. Furthermore, 10% is designated for the Kaito Foundation, 25% for core contributors, and 8.3% for early backers.
Kaito operates as an AI-powered crypto search engine and "InfoFi" network, designed to optimize the search for and tracking of crypto-related content across various Web3 sources. The platform rewards social media users, referred to as "Yappers," based on their engagement and originality of posts.
Recent data indicates that Kaito Yaps’ growing popularity has transformed social media interactions, with a public leaderboard tracking the influence of content creators.
Analysts estimate that Yaps could be valued between $20 and $140 per point, depending on KAITO's fully diluted valuation, which is projected at $1.3 billion.
Critics, however, have raised concerns about the project, particularly regarding the timing of its tokenomics publication. Some community members have expressed skepticism about the project's long-term viability and potential impact on the quality of crypto discussions on social media platforms.
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