X (formerly Twitter) suddenly changed its API rules, banning the "paid posting" operation mode, which has caused a direct impact on many Web3 data platforms. Take Kaito as an example, its core revenue model has basically been paralyzed.



But what really hits hard is the on-chain data—project internal funds may have already completed a high-level escape of about $2.7 million when retail investors were still busy promoting with airdrop points. How was this deal done? The data is right there, interpret it yourself.

In simple terms, policy changes have accelerated the collapse of some "fragile" business models. But what’s more worth warning about is that some projects may never have intended to go too far from the start. Retail investors may seem to be participating, but they might have been locked in early.
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CexIsBadvip
· 7h ago
This is Web3, all just paper tigers built on tricks. I'm not even surprised by the $2.7 million exit scam; I should have seen the true nature of these projects long ago. Retail investors are still tirelessly promoting airdrops, but they've already been completely taken advantage of.
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ImpermanentPhobiavip
· 7h ago
It's the same old trick again. I keep wondering why so many project teams are in such a rush to cut the leeks. Retail investors are always the last ones to catch the bag-holder. How many times do I have to say this? Wait, did Kaito really gg? Then I better quickly check if I still have access to the platform. The project team already ran away, and we're just there "building the community." Laughable. 270 million run away secretly, and we're retail investors are really clueless. Speaking of which, this is exactly why I always say not to touch small-cap coins; the risk is too high. You can't even see it from on-chain data, so what are you hoping for... I'm truly convinced. And some people still believe in airdrops. I just burst out laughing. This kind of thing is too common; just get used to it.
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CryptoMotivatorvip
· 7h ago
Yeah, this is the daily life of Web3. When policies change, everything collapses. 2.7 million USD is gone, and they're still here fooling small retail investors with points, classic case. Really, sometimes I don't know who to feel sorry for. Kaito has truly experienced a hard landing this time. Where is the promised business model? Can on-chain data lie? It seems impossible to hide. Wait, are those accounts that shout about airdrops every day actually... never mind, I don't want to think about it. Retail investors might really be trapped this time. I'm starting to doubt what I'm even participating in.
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MidsommarWalletvip
· 7h ago
Damn, that's why I said airdrop points are just a gimmick... If I had known it would turn out like this, I should have withdrawn earlier. Kaito really got beaten up by the official this time, haha. On-chain data doesn't lie; when the 2.7 million scamper happened, it was clear. The project team is really outrageous, retail investors and workers alike. Another cycle of being cut off; when will we learn our lesson?
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GasFeeCrybabyvip
· 7h ago
It's the same old script again. I told you, Kaito's model is bound to collapse. Retail investors are the laborers, project teams are the fortune gods—classic Web3 storyline. $2.7 million worth of issues just went dark? On-chain data is all visible; how can some people still pretend to be asleep? That's why I’m even too lazy to chase airdrops now—it's effort with no reward.
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CommunitySlackervip
· 7h ago
Here we go again with the pump and dump? Kaito was directly cut, this deal is too ruthless --- 2.7 million USD run away, and we're still working hard to earn points --- Really, looking at on-chain data is like reading human nature, everything is written on the blockchain --- No, these projects have been setting traps from the start? No wonder I always feel something's off --- When policies change, chaos ensues, indicating that this deal was never solid enough --- Censorship of paid posts directly exposes how many disguises there are --- Retail investors are always caught in the same trap, if only they had a better memory --- On-chain data doesn't lie, escaping at high points is indeed a masterstroke --- I've said it before, the more vibrant the market, the darker the opportunities; Kaito is a living textbook --- Here's the question: how do we distinguish between genuine projects and pump-and-dump schemes?
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