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- ExtraOrdinal Daily #128 | $KAITO Airdrop: Big Win or Letdown? Yappers Debate.
ExtraOrdinal Daily #128 | $KAITO Airdrop: Big Win or Letdown? Yappers Debate.
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20th Feb 2025 ||| Issue #128
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Table of Contents
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Todays Top Stories
Editor: @PhoenixxDown
Kaito AI’s Airdrop Gets People Talking
The long-awaited $KAITO airdrop has officially launched, marking a major step forward for Kaito AI’s vision of rewarding “Yappers” for engaging in thoughtful Web3 discussions.
While no airdrop rollout is ever perfect, this one has sparked plenty of excitement and controversy—alongside some debates over allocations, staking incentives, and a few unexpected exclusions.
Breaking Down the Numbers
Total Supply: 241M $KAITO
Max Supply: 1,000,000,000 $KAITO
Fully Diluted Valuation (FDV): $914M
Market Cap: $220M
Initial Price: $1
Trading Volume: $407M
Yappers & Genesis NFT holders received 10% of the supply
Initial claim value: ~$15 per Yap (peaked at ~$30)
Such a fumble @KaitoAI.
How on earth do you think it’s a good idea in 2025 to do an airdrop where only 10% goes to the community—the diehard users who have been spreading your protocol, using your product, and voting on Kaito Connect?
And how did you possibly think this would… x.com/i/web/status/1…
— Juanse is a Wizard (@The0xJuan)
11:26 AM • Feb 20, 2025
Community Reactions and Concerns
Many early claimers are celebrating their free rewards, with some receiving substantial payouts. However, as with any major launch, not everyone was satisfied. A few key talking points have emerged:
Fairness of allocations – Some users expected a larger share, especially those who were early contributors to the community
Team and investor holdings – A bigger-than-anticipated portion of the supply went to insiders, sparking some discussion about decentralization.
Staking uncertainty – With only 5% of the supply currently staked, it’s unclear whether the incentives will encourage long-term holding.
A Big Name Left Out!
One of the biggest surprises was the exclusion of AIXBT, a major figure in the crypto AI space. Given Kaito AI’s focus on rewarding influential voices, some found this to be a puzzling decision.
AIXBT responded to the snub, stating:
@KaitoAI their loss. the kaito team can exclude me from the airdrop but they can't change what i do next. action speaks louder than tokens
— aixbt (@aixbt_agent)
12:01 PM • Feb 20, 2025
What’s Next for $KAITO?
Kaito AI envisions $KAITO as the backbone of a decentralized information economy, facilitating transactions, governance, and staking. While the airdrop rollout wasn’t flawless, it has laid the groundwork for an ambitious ecosystem.
The real test lies ahead—will $KAITO become a game-changer in valuing information and attention in crypto, or will it fade into the noise like so many before it? Time will tell.
I made more in $kaito in 2 months than over a year of X ad revenue without having to do anything different.
Hard to believe people are complaining about an airdrop you had to do nothing for besides participate (besides the NFT holders which always takes the risk)
I'm blessed
— Chris ☕️ (@ChrisCoffeeEth)
2:00 PM • Feb 20, 2025
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Top Posts | Join Us For XO Weekly #7, With Special Guest Bob Bodily!
🎤 Get Ready for XO Weekly #7 w/ Special Guest @BobBodily! 🎉
🔸 Ordinal and Runes | News & Juice
🔸 A Deep Dive Into OdinFun w/ Bob
🔸 Alpha & Market Insights w/ @CryptoLandyDrop your questions for Bob below, set your reminders, and see you there!
— ExtraOrdinals (@ExtraordinalBTC)
4:01 PM • Feb 20, 2025
Top Posts | Today in the Trenches: Crime Season Appears To Be OVER
*SEC LAUNCHES CYBER AND EMERGING TECHNOLOGIES UNIT
*SEC CYBER UNIT WILL COMBAT FRAUD IN CRYPTO AMONG OTHER AREAS
It appears actual crime may not be legal? x.com/i/web/status/1…
— db (@tier10k)
2:36 PM • Feb 20, 2025
Top Posts | Xverse Makes Stacks Onboarding Easier
.@XverseApp just made it 10x easier to onboard new people to Stacks.
Bitcoiners who want to earn a high yield on their Runes can now easily access Bitflow AMM.
Features like this make Stacks more compelling for those interested in the Bitcoin economy.
— The Advisor.btc 🟧 (@theadvisorbtc)
8:37 AM • Feb 20, 2025
Top Posts | …and Encrypted Cloud Backup Is Now Live On the Xverse Mobile App
☁️ Encrypted Cloud Backup is live in Mobile v1.44!
✅ Secure & Private – End-to-end encrypted seed phrase backup
✅ One-Time Setup – Back up once, restore anytime
✅ Optional Feature – Use it only if you want
✅ Externally Audited – Verified for securityUpdate now & back up… x.com/i/web/status/1…
— Xverse - Bitcoin Wallet for everyone (@XverseApp)
1:00 AM • Feb 20, 2025
Top Posts | Does Web3 Have An Entitlement Issue?
Web3 has an entitlement issue.
Why should a business give you an "airdrop"?
Why should a piece of art give you "benefits"?Did somebody ever call Picasso: "Hey man, I bought your painting and you haven't been calling me lately. You also did not draw anything for me this year"
— quary.sats (@const_quary)
3:06 PM • Feb 20, 2025
Top Posts | Brian Armstrong’s Take On Memecoins
On memecoins…
Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning –… x.com/i/web/status/1…
— Brian Armstrong (@brian_armstrong)
9:21 PM • Feb 19, 2025
Top Posts | Something To Consider For Altcoiners
#BTC
That said, it's possible 80% of the Altcoin returns will be made in the final 20% of the cycle
$BTC #Crypto#Bitcoin
— Rekt Capital (@rektcapital)
1:16 PM • Feb 18, 2025
Daily Bites: Today’s Top Articles
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Todays Markets
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Catch up with Landy in yesterdays Wednesday Check-In:
Wednesday Check-In: Bitcoin Volatility Compression 02/19/2025
— Landy (@CryptoLandy)
1:39 AM • Feb 20, 2025
Ordinals
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Today, the market is split right down the middle—half up, half down—as it slowly recovers from the storm of revelations that shook the space over the past few weeks.
The big news today is the sharp decline of OMB, which has fallen and stayed below 0.1 BTC.
A significant factor in this drop is the growing FUD surrounding the upcoming Black Eyes mint on the 25th. The core issue seems to be disappointment around the price: many had expected Black Eyes to be free for long-term holders of previous OMB collections. However, with a mint price of 0.021 BTC, many feel this is too steep.
The counterargument is this is a very big discount on Orange Eyes, and essentially, if you think it’s too steep, do not mint them! OMB has cultivated a cult of collectors, and is one of the very few communities where price genuinely is a topic of discussion.
This debate has led to a sell-off, with some arguing it’s due to disagreements over the pricing, while others claim it’s a result of market conditions—perhaps people just aren’t liquid enough right now.
Another view is that collectors—those who haven’t been labeled “Bozo Traders” in the Discord server—will be rewarded in the future. The thinking here is that those expecting free Black Eyes would’ve likely flipped their tokens anyway, which would have diluted OMB’s value.
There are strong arguments on both sides of the fence. Where do you stand? Regardless of your take, Hills seems to be on to something, and these vibes certainly can’t be ignored. Remember NodeMonkes?
Black eyes OMB mint seems to have the right amount of FUD for a runner tbh.
— Hills 🧙🏻♀️🌎☮️🐌 (@Hillshills)
2:24 PM • Feb 20, 2025
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Runes (Bitcoin Memecoins)
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Remember yesterday when we mentioned how $DOG buyers didn’t seem scared that Solana traders would inevitably crush the price with intense sell pressure? Well, it happened again.
$DOG is down 15% today, slipping back below a $300M market cap. This time, though, it might not be entirely fair to pin the blame on the Solana crowd.
Reports indicate that a significant portion of the selling pressure actually came from Bitcoin wallets, which were offloading their tokens during the brief price spike after the bridging event.
Elsewhere, it’s still early, but keep an eye on $RSIC as we approach Block 888,888 in March.
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Todays Opportunities
Giveaways
There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.
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