Leading centralized exchanges, including Binance, OKX, and Bitget, have announced the listing of KAITO token on their trading platforms. The listing happened today February 20 at 13:00 UTC, according to data reported by CryptoRank.io.
These popular listings came after the Kaito AI project launched its KAITO token early today and released the tokenomics of the asset.
Kaito tokenomics released
As per data shared by CryptoRank.io, Kaito has kept its token supply under 1 billion tokens. This happened this way because the project wants to see the KAITO token price maintain an upward momentum. While the project tightened the grip on the token supply, it set the asset’s market pricing at $1.2.
Another interesting observation is that Kaito allocated the majority of the tokens to the community to ensure KAITO is secure and safe for the future. The project allocated 32.2% of the total 1 billion tokens supply to the community to ensure that KAITO users have an advantage in matters concerning governance and operations of the KAITO ecosystem.
Still on the distribution to users, the project set aside 10% of the total supply for initial community and ecosystem claims. Also, the project allocated 25% of the total supply to core contributors. The project further distributed other allotments based on the chart above.
What is KAITO token?
Users of Binance, OKX, and Bitget now have the opportunity to trade KAITO using the KAITO/USDT trading pair. These exchanges listed KAITO derivatives and spot trading to provide crypto users with the opportunity to gain exposure to this innovative digital asset. Traders and investors can take advantage of this chance to acquire the token before the KAITO market becomes overcrowded.
KAITO token is the virtual currency powered by Kaito AI, a Web3 information platform that leverages blockchain technology and artificial intelligence to build a decentralized social media experience.
With the launch of the asset and its listing on multiple CEXs, users can now trade it for financial empowerment. This marks an important development for the digital asset community and unlocks new possibilities for traders and investors worldwide.