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#KAS
The claim that Kaspa $KAS is "unlocking tokens" stems from misinformation or misunderstanding about its fair launch and Proof of Work (PoW) design.
This is a great opportunity for DYK? education.
⚖️Fair Launch
When Kaspa went online, there was no pre-mining, no ICO, and no allocation to developers or investors. All tokens (referred to as "coins" by Kaspa) are distributed through PoW mining, making it one of the most transparent and decentralized blockchain projects.
Kaspa is an L1 crypto project, not a crypto company.
🤑 The Background of Token Unlocking
In some projects, "token unlocking" refers to tokens that are pre-mined or reserved and released to investors, founders, or teams over time. This does not apply to Kaspa, as it uses mining to fairly generate its supply. There are no hidden reserves or scheduled unlocks.
Source of error message?
🤷🏽Misunderstanding of emission schedule
Kaspa has a clear and transparent issuance plan, which specifies the mining mode of $KAS and gradually 'distributes' over time. Some people may mistakenly think of it as 'unlocking tokens', which is inaccurate. The only way to obtain tokens is to purchase or mine.
🤨Competitor FUD (fear, uncertainty, doubt)
Competing projects or individuals may spread misinformation to create doubts or suppress the adoption of Kaspa.
📝Lack of education
Some users may not understand the concept of Kaspa's PoW mechanism, fair launch, or Proof of Work (minable) projects.
Please refer to the links to the protocol whitepaper and emission schedule in the thread.