I have always felt that Kaito's roadmap planning is in the right direction, and I was quite optimistic about it before, but this time the Capital Launchpad did disappoint Please refer to @ waleswoosh's analysis Espresso: Estimated valuation of 400M and financing of 4M, lock up plan is 12 months unlocking+12 months linear unlocking, and it takes 24 months to fully circulate (this term is completely exploitative) ->According to Espresso's logic, their A&B have raised a total of 60M, with a starting valuation of at least 1B. Does the market have that much money to take over? To go online and circulate 5%, 20 million pallets of funds are needed, and the opening must be broken. So, after unlocking your entire position in 2 years, how much value is left Let's talk about the issue with Kaito Launchpad again: 1) You need to pledge USDC first, and there is no guarantee of obtaining the limit. 2) You need KYC 1+1=Rocket. How can launchpad do such a silly thing in 2025? Seeify&DAO maker&Coinlist are dead. Do you think Kaito can produce BD ability that is better than theirs? @Punk9277