Kaito AI, a crypto intelligence platform, has allocated nearly 20% of its token supply to future airdrops and incentives, fueling enthusiasm among early adopters while raising concerns over tokenomics.
The platform, which brands itself as the “ultimate Web3 information platform,” is preparing for its first airdrop, allocating 10% of its total token supply to its early community members and ecosystem participants.
“For the Initial Community and Ecosystem Claim – 10%. This allocation includes the initial Kaito Yapper community, Genesis NFT holders, and ecosystem yappers and partners,” Kaito AI wrote in a Feb. 20 X post.
According to the platform, 56.6% of the total supply will be distributed to the community and ecosystem, with 19.5% specifically designated for initial and long-term airdrops and incentives.
The platform is introducing new dynamics for the crypto marketing industry, according to Marcin Kazmierczak, co-founder and chief operating officer of RedStone, a blockchain oracle solution firm.
“Currently, I do not know a single serious marketer that wouldn’t use Kaito stack,” he told Cointelegraph, adding:
Despite the platform’s innovation, some analysts have expressed concerns over its tokenomics, particularly regarding the allocation to insiders, which could create selling pressure after the airdrop.
Kaito tokenomics spark allocation, selling concerns
Similar events are often riddled with airdrop squatters, or professional airdrop hunters, who farm protocols with an incoming airdrop in hopes of financial gain. In 2023, the Arbitrum (ARB) airdrop saw airdrop hunters consolidate $3.3 million worth of tokens.
Kazmierczak said Kaito’s airdrop structure is designed to prevent farming.
Still, onchain analysts have pointed out that a significant portion of the token supply is allocated to insiders. According to onchain investigator RunnerXBT, 43.3% of Kaito’s total supply is designated for insiders, including 35% for the team and 8.3% for early investors.
Cointelegraph has reached out to Kaito for comment but did not receive a reply by the time of publication.
Some analysts have also warned of a potential sell-off following the airdrop, particularly given the current market downturn.
Anndy Lian, an intergovernmental blockchain expert and author, suggested that Kaito’s token could follow a familiar pattern of hype-driven spikes followed by sharp declines:
Crypto investor interest in airdrops saw an uptick on Jan. 15, after the total value of the Hyperliquid (HYPE) token airdrop soared to $7.5 billion, Cointelegraph reported.
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.
