Kaito AI Founder: Has Purchased 1 Million KAITO with Own Funds and Locked Up

BlockBeats News, March 21st, Kaito AI founder Yu Hu stated on social media that over the past few days he has used his own funds to purchase 1 million KAITO tokens (equivalent to about $1.4 million) and has fully staked them, making him the second largest on-chain KAITO staker.

He has also set up a self-locking mechanism based on Kaito protocol revenue: unlocking 50% when the protocol revenue reaches $50 million, and 100% when it reaches $100 million. Yu Hu will explain in detail tomorrow his motivation for these actions and his long-term vision for Kaito.

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