The
@KaitoAI team made almost $400K USD from this one rarely used but easy trick
And almost nobody is talking about it..
Sustainable revenue is an obviously an extremely important part of every business's long term business plan. An underrated part of
@KaitoAI 's business model (and one that I'm personally a huge fan of) is their use of the unadvertised claim fee for 'airdrops' (yes I put airdrops in quotations because nobody actually does airdrops anymore). Don't see many people talking about it at all but the math and revenue potentials is pretty insane for claim-based launchpads like these.
By becoming one of the premier all-in-one pre-TGE token marketing-rewards-distribution launchpad they've made it extremely appealing for projects to launch and claim token rewards directly through the platform.
For their own native
$KAITO token drop, the team charged a 0.0015
$ETH ($3.75) claim fee per
$KAITO claim. The
$KAITO team banked a total of 150E, which was $375K USD at a price of $2500 /
$ETH (address 0xdf96485727487b0df3839d2f9ecfcff4fe30dd29 , price of
$ETH on Feb 24 when they withdrew it).
For their next reward launch,
@AIWayfinder, the team charged a 0.002
$ETH ($3) claim fee per
$PROMPT claim. Unfortunately with the contract exploit they were forced to stop the claim after banking only 1.1e ( address 0x429d6e96bbd6b4134c92954c71200bd0bea751fb), and the team did not add the claim fee for the follow up claim. However, its fair to reason that the team could have easily banked a significant amount more on claim fees here.
Looking ahead,
@KaitoAI currently supports close to 30 pre-TGE projects and similar amounts of post-TGE projects. Each one of these projects (and future projects getting voted in) have the possibility of launching rewards through the platform, and are actually pretty likely to do some sort of reward system through Kaito. Each one can bring some sort of revenue for the
@KaitoAI team based on what they decide to set the claim fee as and the number of eligible or claiming wallets.
With the list of rewards for different projects already public, it seems like the most profitable claims (for the Kaito team) would be the ones that target the largest audience, ie - ones that don't just target the "top 50" or "top 100" yappers but a larger, more general criteria with an undefined number of potential 'winners'.
So far, the projects on the rewards leaderboard that falls under this category would be:
Pre-TGE:
-
@defiapp
-
@use_corn
-
@TheoriqAI
-
@Lombard_Finance
-
@KaiaChain
Post-TGE:
-
@Polkadot 's
$DOT campaign
-
@QuaiNetwork 's
$QUAI campaign
And that begs the final question... what's a fair claim fee for 'airdrops' nowadays?
(Reminder that
@LayerZero_Core charged a linear claim fee which ended up being upwards of $100 for some people).