Kaito AI founder: Strategic acquisition of KAITO tokens during growth phase is for the benefit of holders

PANews reported on March 15 that Yu Hu, founder of Kaito AI, responded to a liquidity fund investor on the X platform. He said: "Any conventional buyback plan in the stock market means exhausting other means of growth, so why strategically acquire KAITO tokens at such a high growth stage? The reason is simple. The biggest problem for most tokens in the crypto field is coordination/governance. Regardless of the growth stage, if the success of the network does not benefit token holders, then why would anyone be willing to risk their capital on you? Frankly speaking, this applies not only to strategic KAITO reserves, but actually to everything done at Kaito."

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
1 hour ago
2 hour ago
4 hour ago
5 hour ago
5 hour ago
7 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读