Kaito teases the upcoming launch of "Capital Launchpad," a community fundraising platform intended to serve as an alternative to the FCFS model
Introducing the next stage of Kaito - our Capital Launchpad. A natural progression of our mission to be the distribution powerhouse of crypto. With the most in-depth social mapping and ranking across CT, and leading data analytics when it comes to project-community interactions, the next step is to further connect the two through capital - linking onchain and offchain for the most comprehensive social footprint. Later this week - the platform will go live, building a new way for projects to raise and embed communities through capital alignment - in a way that's open, meritocratic and relevance-based - as an alternative to the FCFS model. Oh and, all Capital Launchpad fees are distributed back to the wider community - more on that with our upcoming gKAITO mechanism soon 👀 A community launchpad, for the community, owned by the community. Allocations will be determined by projects, based on factors such as social reputation, onchain holdings (not only Kaito holdings), historical alignment/relevance to the project and its relevant sectors, region, conviction, and more. Projects will also set out clear round terms - valuation, raise target, vesting terms - and you'll be able to make a decision and place a deposit to pledge, based on these on how much you want to allocate. The pledges will then be reviewed by the project teams, who then assign for the Preferred Phase of the allocation, with a subsequent (optional) FCFS Phase if there is any allocation remaining. We're really excited for this next chapter of Kaito - opening up new ways for all of you to allocate to top community-centric projects, as well as giving projects a new way to bootstrap, interact, align and involve existing and potential community members. Tomorrow you’ll be able to get your account ready and KYC to be able to start participating. Not long to wait.
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