The truth is in the numbers The conclusion is simple: Kaito Capital Launchpad members want projects with a low valuation and no lock-up, like Theoriq AI. Both Billions Network and Espresso Foundation have higher valuations and longer lock-ups, but they just have a slight oversubscription. This means that they have less room picking and choosing their investors, and have to accept $ from people they might not have chosen otherwise. Does that defeat the purpose of having a SocialFi backed investment platform? I believe so. Let's dive in: Theoriq - Valuation: $75,000,000 - Target Raise: $3,000,000 - Vesting Schedule: No vesting – fully unlocked at TGE - Pledges: 2,508.12% over-subscribed Versus: Billions Network - Valuation: $200,000,000 - Target Raise: $5,000,000+ - Vesting Schedule: 75% unlock at TGE, 25% unlock 12M later - Pledges: 57.02% under-subscribed Espresso - Valuation: $400,000,000 - Target Raise: $4,000,000 - Vesting Schedule: 50% unlock at 1-year cliff, 50% linearly over 1 year thereafter - Pledges: 41.72% over-subscribed As a project opening up to the Kaito Ecosystem, I want to choose which investors/KOLs I give an allocation. Otherwise I would just use a normal investment platform. What do you think?