Kaito Treasure Hunt Guide: Which Pre-TGE Items Are Gold Bulls and Which Are Losers?

Bullish Projects with High Potential
- INFINIT: Strong fundamentals, real product, advancing DeFAI, with 0.5% token supply for community rewards.
- Lombard: Leading BTCfi project, exponential growth, $1M–$5M reward pool by year-end.
- Infinex: Top DeFi super app, chain abstraction focus, $6M rewards for users.
- Caldera: Active Rollup builder, $1B+ TVL, Kaito rewards expected soon.
- Openledger: Leading AI network, $2M OPEN tokens for community co-creation.
Uncertain Outlook Projects
- Hana: Good vision but delayed execution; 1.5% yapper allocation in non-competitive market.
- Mitosis: Focused on crowded liquidity field, execution-dependent, no Kaito Earn yet.
- Mira: Building AI trust layer in saturated market, 0.5% token supply for yappers.
- 0G Labs: Largest decentralized AI ecosystem, but overly popular and competitive, no Kaito rewards.
- Camp Network: Solid vision but overcrowded; 0.25% CAMP tokens + $40K monthly rewards.
Higher-Risk Projects
- MemeX: Skepticism around memecoin narrative, seen as fading trend.
- Puffpaw: Weak fundamentals, limited value, likened to an "e-cigarette shop."
- Lumiterra: GameFi sector struggles, low ROI potential.
- Monad: Highly anticipated but risks overhyped expectations, compared to ZKSync/Hyperliquid outcomes.

Summary based on project fundamentals, incentives, and market prospects; DYOR advised.

Original article: DeFi Warhol , Crypto KOL

Compiled by: Yuliya, PANews

As Kaito's ecosystem prospers, numerous projects have sprung up, making it dizzying. Which are the real value depressions and which are the hidden traps? The author of this article, DeFi Warhol, will provide a clear "Gold Digging Map", based on core indicators such as project fundamentals, community incentives and market prospects, and classify them into three levels: "bullish" with great potential, "consolidation" with uncertain prospects, and "bearish" with higher risks. The following is the original text of the article, which was compiled by PANews. It only represents the author's personal views and does not represent any investment advice DYOR.

Huge potential

INFINIT : This project has solid fundamentals, a real usable product, and is taking DeFAI to a whole new level. 0.5% of the IN token supply has been allocated to yappers (users who participate in tasks or community interactions).

Lombard : A leading BTCfi project with core metrics growing exponentially. The project has set up a $1 million to $5 million reward pool, which is scheduled to be distributed by the end of the year.

Infinex : The leading DeFi super app, built around chain abstraction and centralized exchange-like user experience. Approximately $6 million in rewards have been allocated to yappers.

Caldera : One of the most active actual builders in the Rollup field, with a current TVL of over $1 billion. Kaito rewards are expected to be launched soon.

Openledger : A leading AI network that promotes community co-creation of data and AI models. The project has allocated $2 million in OPEN tokens for community rewards.

Uncertain outlook

Hana : The project vision is good, but the execution is still behind schedule. On the other hand, the 1.5% yapper allocation is quite considerable, and the competition in the market is not fierce at present.

Mitosis : Focuses on the liquidity field, but this segment is already highly crowded. Whether it can finally break through depends largely on the project's execution. It has not yet joined the Kaito Earn program.

Mira : We are building a trust layer for AI in a highly competitive and saturated market. The project allocates 0.5% of the token supply to yappers.

0G Labs : Currently the largest decentralized AI ecosystem, the project has strong fundamentals, however, it is too popular and the competition is too fierce, making it difficult for new users to participate. In addition, the project has not yet launched a reward activity on Kaito Earn.

Camp Network : The vision and product are good, but it also faces the problem of overcrowding and over-exploitation. It is allocating 0.25% of the CAMP token supply and $40,000 in monthly rewards to yappers.

Higher risk

MemeX : Pessimistic about memecoin and memecoin issuance platforms, this narrative needs to exit the stage.

Puffpaw : Weak fundamentals, limited user value and distribution channels, essentially just an "e-cigarette shop".

Lumiterra : The GameFi space is still weak and underutilized, with low potential return on investment.

Monad : Monad is one of the most anticipated projects at the moment, and the market has extremely high expectations for it. The end result of this project is likely to be the next Hyperliquid or ZKSync, more inclined to the latter.