First round of Kaito raises is closed.



@TheoriqAI ended with $78M pledged, 39x the target, after removing all vesting.

@EspressoSys also managed to get the target pledged, but not much more than that.

I think these results are a strong signal.

Seeing the demand, I’m sure many other projects will want to get on the launchpad.

There is also a precedent set now.

It’s clear strong results can come from offering fair deals and looking after the community.

It also shows the community has the power to shape the deals, Theroiq removed all vesting because of feedback for example.

It also shows there is value to the launchpad, many speculated Kaito users would be all talk and be unwilling or lack the funds for these large rounds.

Although it will be interesting to see how they Theoriq fares post-TGE with 100% unlock.

They can select the most aligned or high value investors to get their place, but will alignment be maintained or will everyone dump and run to the next?
KAITO0.92%
GET0.96%
NOT-1.57%
MORE-8.03%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)