Espresso will launch its first community initial release through Kaito Capital Launchpad

Foresight News reports that Espresso Foundation has partnered with Kaito to launch its first community initial offering through the Kaito Capital Launchpad platform. The Espresso Foundation will sell ESP tokens worth $4 million at a subscription price lower than Espresso's latest valuation of $600 million. Individuals who meet the criteria can subscribe for up to 897500 ESP tokens. Tokens purchased through Kaito Capital Launchpad will be subject to transfer restrictions, including unlocking 50% one year after the token goes live and linearly unlocking 50% within the following year.