Route 2 FI
Route 2 FI|Feb 20, 2025 16:43
Ended up selling my KAITO airdrop. Want to rebuy again soon, but I would like to see more people claim the airdrop (currently 26%) + I feel we need more info from the Kaito team. As @_derked wrote: "AFAIK the Kaito team has not released anything explaining why this token is valuable, what it does, if they make sizable revenue, future plans, etc. If they released a great plan about expanding outside of crypto with their algorithm for advertising and mind share for big brands, etc. people might consider holding. But many people here have been to the rodeo many times over and it's usually best to just take the money and run". I think this pretty much sums it up. Also, why should you lock up 75% of your claimed tokens to get a badge? And what benefits do you get from staking? Since we don't know what we get for the staking yet it is easier to defend that selling is the most reasonable thing to do. With that said, we may get surprises over the coming days with more info about the token, what we can use the Kaito platform for, etc. I've put @KaitoAI on notifications on Twitter now because I expect this token to be one of the best tokens to news trade over the coming days. Even think it can reach 2,5bn FDV quite soon. We had expectations of getting 50-120 in airdrop, so many are definitely disappointed (avg. 15-20 per yap for most people), but all in all we have to remember that this is free money and we should be grateful. After all, everything you had to do was to tweet, which is what we were doing anyway. I've had the same tweet frequency over the last 6 years, so nothing has changed in that sense. I really hope the team doesn't shame and/or nerf people who sold, or who state stuff they think could have been done better.
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