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Cryptocurrency News Articles

Binance Unveils Its Ninth HODLer Airdrop Project, KAITO ($KAITO), a Token Designed to Power an AI-Driven Information Economy within Web3 Ecosystem

Feb 19, 2025 at 09:02 pm

The exchange will be lisiting the token on February 20, 2025, at 13:00 (UTC) with trading pairs including BTC, USDT, USDC, BNB, FDUSD, and TRY.

Binance Unveils Its Ninth HODLer Airdrop Project, KAITO ($KAITO), a Token Designed to Power an AI-Driven Information Economy within Web3 Ecosystem

Binance Announces Ninth HODLer Airdrop: KAITO Token to Debut on Binance Launchpad

Major cryptocurrency exchange Binance has announced the launch of its ninth HODLer Airdrop Project, unveiling a new token called KAITO ($KAITO). This token is designed to power an AI-driven information economy within the Web3 ecosystem.

According to a recent blog post by Binance, the KAITO token will be listed on Binance Launchpad on February 20, 2025, at 13:00 (UTC). The exchange will open trading pairs for KAITO/BTC, KAITO/USDT, KAITO/USDC, KAITO/BNB, KAITO/FDUSD, and KAITO/TRY.

Binance will also list the KAITO token with a "SeedTag" designation to highlight its booming status in the market.

This initiative follows Binance's recent airdrop strategy, which has previously featured projects like Animecoin (ANIME) and Pudgy Penguin (PENGU). These projects aim to monetize user participation in Binance's Simple Earn products.

KAITO Tokenomics and Distribution Framework

KAITO's tokenomics reveal a total supply of 1 billion tokens, with 24.14% (241.39 million tokens) circulating at the time of launch. Out of these, 20 million tokens (2% of the total supply) have been allocated to Binance's HODLer Airdrop program.

This airdrop is targeting users that have subscribed BNB to Simple Earn products between February 6, 202点が7:00 (UTC) to February 10, 2025, 23:59 (UTC).

The remaining circulating supply includes allocations for exchanges, liquidity providers, and team reserves, although the exact percentages are not disclosed.

However, analysts speculate that 10-15% of the total supply may be eventually distributed through community initiatives like the "yaps" snapshot airdrop, which rewards content creators and users with KAITO's AI-powered ecosystem.

Strategic Implications for Market Dynamics

The project's launch is coinciding with heightening interest in AI-blockchain hybrids. As KAITO aims to tokenize social media content and decentralize access to Web3 analytics through its native token, the market is anticipating an initial fully diluted valuation (FDV) ranging from $1.5 billion to $1.7 billion.

Moreover, pre-market trading on platforms like Aevo is pegging the token at $1.7 per KAITO.

Despite these promising indicators, there are concerns regarding potential inflationary pressure, considering the gradual unlocking of team and advisor tokens, which are subject to a three-year vesting schedule – a structure employed by earlier Binance projects like Animecoin.

Nevertheless, as the token debuts, the community will be keenly observing its utility within the KAITO ecosystem and the broader implications for Web3's AI integration race.

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Other articles published on Apr 21, 2025