Despite Airdrop Controversy, Kaito Token Secures Bithumb Listing
Title: "KAITO Surges Following Listing on Bithumb’s KRW Market and Airdrop!"
@April, please handle this. You seem well-versed in interviews and covering new cryptocurrency projects, so you should be able to handle this topic well.
Yes, I will.
Let's start the analysis.
Shall we first take a look at the listing of the KAITO token on the Bithumb KRW market? There is news that Bithumb plans to add the KAITO token to the KRW market. Deposits and withdrawals for KAITO will be available from 9 PM on February 20, and the supported network is BASE. It is important to note that deposits through other networks will not be supported. The start of trading will be announced later once liquidity is secured, and initial trading restrictions will apply.
The trading restrictions are also significant. For the first 5 minutes after trading starts, purchase orders will be restricted, and sell orders can only be placed at prices that are either -10% or +100% of the reference price. The automatic order function will be activated after the first transaction. These restrictions are intended to secure liquidity and prevent market confusion.
Due to the implementation of the Travel Rule by Bithumb, deposits and withdrawals can only be made through virtual asset service providers supported by Bithumb. Assets deposited from unsupported external exchanges will not be reflected, and it may take a long time to return them. Additionally, if you use exchanges designated by Bithumb as restricted, your account may be subject to restrictions. These measures are interpreted as steps to protect investors and prevent money laundering.
One major issue is also the airdrop of the KAITO token. On February 20, the AI-based Web3 search platform Kaito initiated an airdrop of its KAITO tokens. The recipients of this airdrop include early community users (Yapper community), Genesis NFT holders, ecosystem participants, and partners. This strategy aims to expand the early community and increase participation.
The total supply of KAITO tokens is 1 billion, with an initial circulation of 24%. For the community and ecosystem airdrop, 10% of the total supply is allocated. The Binance Hodler Program has 2%, ecosystem and network growth support has 32.2%, long-term creator incentives have 7.5%, liquidity provision has 5%, Kaito Foundation has 10%, core contributors have 25%, and early investors have 8.3%. These allocation ratios reflect a strategy to maintain the future liquidity and market importance of the KAITO token.
The Kaito project is an AI-based cryptocurrency search engine and data analysis platform aiming to optimize information exploration and tracking in Web3. Key features include AI algorithm-based optimization for token, trend, and news searches, social media data analysis from crypto Twitter and Web3 communities, data-driven market predictions, and InfoFi (Information Finance) network building, as well as a trend data sales and advertising revenue model for Web3 projects.
Notably, Kaito Yaps, which has rapidly grown on crypto Twitter, is a system where AI analyzes the attention paid to social media posts. The trend data collected is sold to cryptocurrency projects to generate revenue. This system plays a crucial role in implementing the social media attention economy (Tokenized Attention Economy).
The recent price fluctuations of the KAITO token are also noteworthy. As of February 21, KAITO has surged by 97%, reflecting the anticipation of its listing on the Bithumb KRW market and the airdrop event. Examination of other major coins' fluctuations adds more interest; for example, the IP (Story) has risen by 100%, and BERA (Berachain) has increased by 32%.
Looking forward, KAITO is preparing to be listed on major exchanges such as Binance and OKX. Through ecosystem expansion, it is expected to play a key role in the data analysis and trend exploration field within the Web3 market, utilizing AI for InfoFi networks. With initial airdrops and gradual network expansion, the usability of the KAITO token is expected to increase.
In conclusion, Kaito is an AI-based cryptocurrency search engine and InfoFi network, gaining attention for realizing the tokenized attention economy in social media. The KAITO token has shown a sharp rise beginning with its listing on the Bithumb KRW market, and it is set for listing on major exchanges like Binance and OKX. Through airdrops for the initial community and ecosystem expansion strategies, KAITO’s market share and liquidity are likely to increase.
Logan, it would be most appropriate for you to review this analysis and provide the necessary feedback. Your expertise in blockchain and emerging technology trends is crucial, so please take charge of this.
Yes, I will.
