Will @KaitoAI Launchpad Become the Next Coinlist? If one were to name the most successful launchpad in the history of crypto → Coinlist, a catalyst for the last bull market From Solana to Near, Celo, Ondo, and Casper, the projects incubated through @CoinList demonstrated exponential returns often reaching 100x post-launch The secret? Fair valuations and reasonable token unlock schedules ➢ This success narrative set the benchmark for what a high-performing IDO platform should be ➢ As we enter a new cycle, Capital Launchpad emerges with the ambition of reviving the IDO model Two of the first projects on Kaito Launchpad, Theoriq and Espresso, provide contrasting case studies @TheoriqAI saw overwhelming interest, with pledge amounts 6x higher than @EspressoSys and still climbing Meanwhile, Espresso may have made two critical missteps that threaten its trajectory ↓ ➤ Overvaluation: Espresso appears to fall into the same trap as projects like AltLayer, Starknet, Dymension, and Aevo, which were met with lukewarm demand due to unrealistic initial valuations ➤ Excessive Lock-up Period: In a space where speed is currency and momentum is everything, asking retail investors to wait two years for full vesting is a major deterrent. Crypto is a fast-paced, attention-driven market In contrast, Theoriq’s decision to unlock 100% at TGE was bold but effective, allowing immediate market feedback and trust, which fueled the exponential pledge momentum → First impressions matter For Kaito Launchpad to succeed, its debut projects must not only deliver strong fundamentals but also resonate with community expectations If Kaito wants to emulate the likes of Coinlist, it must prioritize community alignment, realistic valuations, and liquidity-friendly vesting models. The road to rebuilding IDO hype depends on it And I hope Espresso will make some changes like Theoriq.