Kaito, an AI-powered data and social tool, quietly launched its genesis NFT collection on Dec. 19. While eligible minters were gifted a 4000% return on their investments, many Kaito users are unhappy with the method used to determine eligibility. The NFTs launched at a 0.1 ETH ($350) mint price, and traded as high as 4 ETH ($13,400). Users who had earned at least one Yap point and submitted their wallets on the website were eligible for the NFT drop. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
