ZachXBT has just criticized the Kaito platform on social media, accusing a partner project, Billions Network, of inflating the number of users to over 1 million.
He believes that campaigns related to the Yap token are undermining the reputation of new projects, as users primarily create spam content generated by AI to hunt for airdrops. ZachXBT compared this phenomenon to a multi-level marketing model, where users cycle through meaningless campaigns and then blame the project for being a scam because the rewards are worthless. He warns that cryptocurrency startups should stay away from Kaito, calling partnerships with this platform a “top negative signal.” Although this time there is no specific evidence like in previous investigations, the warning from ZachXBT still draws attention from the community due to its significant influence.
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