Here's the termination email between Kaito and Web3Port, it's dated March 1st instead of February 27th as Kaito is claiming
The 25M tokens were not transferred to the wallet in the email, 0x049A022d95C02C3f552d54eB2e94743e5aBB8E0D, this is a wallet associated to the Kaito Foundation. Tokens were supposed to be transferred around ~77 days ago
The Foundation wallet transferred 25M KAITO to 0xdC6B8D1637E578E88De78AB3F9B8660aA4dA03Ac mid Feb, based on the transaction size, I'm assuming is a wallet controlled by Web3Port.
C6B8 then split the funds as follows:
15M KAITO to nance
5M KAITO to OKX
5M KAITO to 0x8D0e7622091B8838f0c48fA79BC87F9E3494afA9 on March 4th. These tokens were then transferred to 0xf91F87e43d3FB1cD6fCd33726233d4fBf08B13Df and are currently sitting there. The email says March 3rd was the cutoff for w3port to send the tokens so I'm assuming this is related
C6B8 also did a test transaction on March 4th, sending 10 KAITO to the Foundation wallet. But didn't send any more tokens
As a prospective KAITO tokenholder, I have two questions:
What was the nature of the deal with Wintermute and Selini?
Where are the tokens that were supposed to be sent to the Foundation address?
If you think the pumpfun trenches are pvp, it's because you haven't seen the market makers of the same project trying to use each other as exit liquidity
Web3port complaining is very analogous to someone who bundled 5% of the supply of a token complaining when the guy that had 1% dumped
Screenshot of web3port's internal chat unrelated
it would be a shame if someone leaked the docs of Sam T’s entity in the cayman islands doing business with movement labs
quote tweet unrelated https://t.co/3QksTFuZQp
Here's what Terry doesn't understand:
If something is worth 0, it doesn't matter if you launch at a high or low fdv — It's still worth 0.
Let's take Eclipse's future token as an example:
- The token has no use case but making insiders rich; there's no retail demand for it. Terry is actively trying to convince liquid funds to bid his token at launch, but no one wants to bid.
- Last time I checked, no exchange wanted to list Eclipse's token other than MEXC.
- Insiders have already sold a significant chunk OTC. Funny, because he mentions OTC sales in his post.
- Eclipse has been live for months with no signs of PMF. They have around 30M in TVL and it's steadily going down.
- Most of the user activity is a game for airdrop farmers — they'll all be gone after the airdrop.
In summary, Eclipse is not looking good here
Go back to doing research at 1kx. Eclipse is going to 0 no matter what you do
Fixed the logo for you