Kaito AI Founder: Recently Used Approximately $1.4 Million of Personal Funds to Purchase 1 Million KAITO
According to a report by Jinse Finance, Kaito AI founder Yu Hu posted on the X platform stating that he recently used approximately $1.4 million of personal funds to purchase 1 million KAITO tokens and has staked all of them. He is currently the second-largest KAITO staker on the blockchain. These tokens are locked with milestone-related conditions, unlocking 50% when Kaito protocol revenue reaches $50 million and 100% when it reaches $100 million. The reasons for this approach will be explained later.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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