85,388 Accounts Claim KAITO Airdrop, Is BNB Chain Brewing an AI Trend?

KEYTAKEAWAYS

TABLE OF CONTENTS

• KEY TAKEAWAYS
• 85,388 ACCOUNTS RUSH FOR KAITO AIRDROP, EARLY SIGNS OF AI TREND
• KAITO MARKET PERFORMANCE STRONG, AI TOKEN MAKING ITS MARK
• CAN BNB CHAIN SPARK A NEW AI WAVE?
• DISCLAIMER
• WRITER’S INTRO

CONTENT

85,388 ACCOUNTS RUSH FOR KAITO AIRDROP, EARLY SIGNS OF AI TREND

Recently, Kaito AI’s KAITO token airdrop has attracted widespread market attention. According to Dune Analytics data, 85,388 accounts have successfully claimed 30,496,453 KAITO tokens, representing 30.5% of the total airdrop. Notable KOLs and crypto opinion leaders including @0xMert_, Ansem, and @sassal0x have participated, claiming 281,442, 215,113, and 166,397 KAITO tokens respectively.

Source: Dune

As the core of the Kaito AI ecosystem, KAITO token aims to combine social media interaction with crypto economics through a “Yap-to-Earn” model, promoting the development of Information Finance (InfoFi). This innovative economic model has not only attracted numerous users but also opened new possibilities for AI-driven blockchain projects.

The KAITO airdrop pool comes from its initial community and ecosystem token allocation. KAITO’s total token supply is 1 billion, distributed as follows: 25% to core contributors, 32.2% for ecosystem and network growth, 10% for initial community and ecosystem claims, 7.5% for long-term creator incentives, 5% for liquidity incentives, 8.3% to early supporters, and 10% to the foundation. This distribution mechanism aims to balance project development, community incentives, and long-term ecosystem building, ensuring sustainable project development.

Source: Kaito

The KAITO airdrop claiming policy revolves around “Yap Points,” where users accumulate points through social media interactions to earn token rewards. Although some users expressed dissatisfaction with the distribution rules and expected returns, most participants view this as a “zero-cost, high-return” opportunity. Especially for regular retail and mid-tier users, rewards of hundreds to thousands of dollars have exceeded their expectations.

However, the quick selling by major airdrop recipients has raised market concerns. On-chain data shows that 7 out of the top 12 airdrop recipients have already sold their entire holdings, which could lead to short-term price volatility. Nevertheless, KAITO token’s long-term potential remains noteworthy, particularly its AI-powered information optimization capabilities and innovative economic model.

KAITO MARKET PERFORMANCE STRONG, AI TOKEN MAKING ITS MARK

After KAITO token’s launch, market performance has remained relatively stable. Despite some major airdrop recipients selling their tokens, price fluctuations have been contained at around 30%, which is impressive compared to other airdrop projects that saw drops exceeding 50% on their first day.

Source: CoinMarketCap

KAITO token has been listed on multiple mainstream exchanges, including Binance, Coinbase, Kraken, OKX, Gate.io, Bybit, and MEXC. In the early stages of listing, KAITO’s price surged to $1.87, reaching a market cap of $458 million. Although it has since pulled back, as of February 24, KAITO is trading at $1.89, with trading volume exceeding $900 million in the past 24 hours, demonstrating strong market liquidity for KAITO.

Source: CoinMarketCap

Community opinions on KAITO are mixed. On one side, many users acknowledge the project’s innovation and potential, believing KAITO’s AI-optimized information provides core value. On the other side, some users express dissatisfaction with the airdrop distribution rules and expected returns, particularly the controversial gap in rewards between top KOLs and regular users.

Nevertheless, KAITO’s market momentum remains strong, consistently ranking as the most visited AI concept token on CoinMarketCap for several consecutive days. Discussions about KAITO continue to heat up on social media platforms, especially on Telegram and X, where user enthusiasm remains high. This social media buzz has helped attract new users and maintain active trading.

CAN BNB CHAIN SPARK A NEW AI WAVE?

KAITO’s successful launch has not only drawn market attention to AI-driven projects but also raises questions about whether BNB Chain is brewing a new AI wave. As a high-performance blockchain, BNB Chain’s AI strategy is gradually emerging, and KAITO’s rise might just be the tip of the iceberg.

Source: BNB Chain

Multiple AI-related projects have emerged on BNB Chain, such as CGPT (market cap $114M), NetMind (market cap $59.62M), MONKY (market cap $22.57M), MyShell (market cap $28.46M), and QUACK (market cap $25.70M). NetMind is an AI agent platform where users can quickly deploy and coordinate AI agents. MyShell focuses on AI consumer layer, with its token global emission (TGE) oversubscribed by 11,425%, locking up over $97M worth of BNB.

These projects’ success indicates that BNB Chain is becoming an important incubator for AI projects. Particularly, KAITO’s launch has further pushed attention on BNB Chain’s AI ecosystem to new heights.

Source: Cookie

BNB Chain’s official support for AI projects continues to increase. With frameworks like Eliza emerging, building AI agents has become easier than ever. BNB Chain has introduced dedicated plugins for the Eliza Framework, providing seamless integration for AI-driven on-chain operations. In the future, AI agents will be able to create and manage wallets, issue tokens, conduct transactions, and participate in the DeFi ecosystem, further promoting deep integration of AI and blockchain.

Additionally:

• 🔥MVB 9 is ongoing, focusing on “AI First” to seek projects advancing decentralized AI development in the BNB Chain ecosystem.

• AI Hackathon is about to begin, bringing together top talent from leading universities, developer communities, groundbreaking projects, and industry leaders for innovation at the intersection of AI and blockchain.

• AI Fast Track Program is launching soon, providing core resource support for selected dApps, including marketing resources and VC recommendations, to help AI projects develop rapidly.

Source: BNB Chain

Several AI projects are set to launch on BNB Chain. For example, Initia plans its token generation event (TGE) in March, having raised $24M with support from notable institutions like Binance and Hack VC. The Initia team’s focus on Kaito also indicates that future AI projects on BNB Chain will become more diverse and mature.

KAITO’s airdrop and market performance have undoubtedly kicked off the AI trend on BNB Chain. As more AI projects launch on BNB Chain, the combination of AI and blockchain will bring more innovation and opportunities. BNB Chain is poised to become a crucial incubator for AI projects, driving the entire crypto industry toward a more intelligent and decentralized future.

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