NiftyNoon: The $KAITO Airdrop Polarizes Yap Farmers and Disappoints NFT Holders
Although the $KAITO airdrop was extremely lucrative for some Yap farmers, many people (especially NFT buyers) had higher expectations. (February 21, 2025)
Nifty Thought:
Although the $KAITO airdrop was extremely lucrative for some Yap farmers, many people (especially NFT buyers) had higher expectations. This largely stems from the fact that only 10% of the airdrop was given to the community as opposed to other anticipated airdrops, such as Hyperliquid, that provided 30%. Nonetheless, many Yap farmers received 6 digit airdrops as a result of their tweets. For them, this was undeniably a successful airdrop. However, NFT buyers that bought at the top (~11 ETH) have lost approximately $18,000. More so than anything this proves capital efficiency must be top of mind while farming airdrops and the risk of capital loss is often not worth it.
Highlighted News:
🌊 The $KAITO claim is now live:
https://x.com/kaitoai/status/1892548535607824795?s=46
🪙 Kaito Tokenomics are live including 10% for Yappers and Genesis NFTs:
https://x.com/onchainmo/status/1892519165304418465?s=46
⚖️ @punk9059 shares thoughts on @KaitoAI tokenomics:
https://x.com/punk9059/status/1892528598692856308
Project and Community News:
KAITO Airdrop: WHO SOLD? https://x.com/arkham/status/1892626578015768863
Michael Saylor this morning: "There's only room for one nation state to buy up 20% of the network...I think it will be the United States": https://x.com/BitcoinMagazine/status/1892652658923634727
Utah Bitcoin reserve bill passes the Senate Revenue and Taxation Committee: https://x.com/BitcoinMagazine/status/1892677474141573182
European Central Bank looks to create a blockchain-based payment system: https://x.com/WatcherGuru/status/1892583984581755043
SEC Launches Cyber and Emerging Technologies Unit: https://x.com/tier10k/status/1892584011912065245
The SEC has withdrawn its appeal on the broker-dealer rule, indicating a potential change in crypto regulatory approach under new leadership: https://x.com/RippleXrpie/status/1892569206454939763
Trump's World Liberty(@worldlibertyfi) spent 125,000 $USDC to buy 548,538 $SEI hours ago: https://x.com/lookonchain/status/1892398055602655648
Ross Ulbricht shows support for Roger Ver: https://x.com/RealRossU/status/1892619346293231741
For the first time $KAITO holders will be able to earn interest from trading activity on Wasabi: https://x.com/wasabi_protocol/status/1892599312032653437
Introducing… Fantasy Top Free to Play, LIVE on @Monad_xyz testnet: https://x.com/fantasy_top_/status/1892230558140244196
The @pactconsortium is unlocking human potential through financial inclusion: https://x.com/Aptos/status/1892575359213998093
Coinbase will add support for Kaito (KAITO) on the Base network: https://x.com/CoinbaseAssets/status/1892596976933339279
Dream is partnering with @syndicateio to create the first ever agent-only chain—for agents, managed by agents: https://x.com/dreamcoinswow/status/1892636317961633928
Say hello to @reliancejio - now integrating Polygon to reward users for what they love doing most: https://x.com/0xpolygon/status/1890453551765143871?s=46
Looks like the Kaito believors being rewarded: https://x.com/punk9059/status/1892686277507481894
@jessewoolston announces The Dissolution Waiapu, his debut work at @ChristiesInc as part of the Augmented Intelligence auction: https://x.com/jessewoolston/status/1891567478540775729?s=46
Budscapes Auctions are LIVE: https://x.com/Ars0nic/status/1892591181260829009
The Meebits Podcast is premiering today at 10AM EST on The Meebits YouTube: https://x.com/MeebitsNFTs/status/1892681611814043993
Solana Smart Wallets are here: https://x.com/crossmint/status/1892637795056820442
Quick Stats:
👾 Blur ETH Daily Volume: 1,506 ETH (▲ 45.85%)
🌊 OpenSea ETH Daily Volume: 1,422 ETH (▲ 40.87%)
🟠 BTC : $99,404.57 (▲ 2.01%)
🔷 ETH: $2,832.94 (▲ 3.20%)
🟣 Solana: $179.24 (▲ 3.46%)
🟪 Polygon: $0.32 (▲ 4.07%)
Top NFT Sales:
CryptoPunks #9165: 42.00 ETH
CryptoPunks #4994: 38.77 ETH
Azuki Elementals #5084: 21.00 ETH
NFT Daily Winners:
👩🏻 Milady Maker: 3.95 ETH (▲ 6.76%)
🐧 Pudgy Penguins: 9.14 ETH (▲ 5.19%)
🐱 Quantum Cats: 0.21 BTC (▲ 3.97%)
⛩ Azuki: 2.87 ETH (▲ 3.20%)
😡 Mad Lads: 51.65 SOL (▲ 1.43%)
🦧 Bored Ape Yacht Club: 13.86 ETH (▲ 1.25%)
👾 Tensorians: 4.70 SOL (▲ 0.00%)
🚬 CryptoPunks: 35.48 ETH (► 0.00%)
🏳🌈 Chromie Squiggles: 4.49 ETH (► 0.00%)
NFT Daily Losers:
🍭 Mocaverse: 1.91 ETH (▼ 0.53%)
🐵 NodeMonkes: 0.05 BTC (▼ 1.92%)
🧦 Bitcoin Puppets: 0.05 BTC (▼ 3.61%)
💼 Ordinal Maxi Biz: 0.06 BTC (▼ 13.33%)
🏴☠ Captainz: 1.15 ETH (▼ 14.69%)
Notes:
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