Kaito, an AI social media tokenization project, announced that it has refrained from token sales since February after ending its partnership with Web3Port due to disagreements. Despite facing criticism for its tokenomics and rocky performance post-airdrop, KAITO has surged over 150% in the last month. Exchange listings and token staking have contributed to this growth, although concerns about the core product persist. The company clarified that it has not sold any tokens post-February controversies and that the dispute with Web3Port was unrelated to subsequent issues. KAITO's recent bullish trend, supported by exchange listings and staking rewards, has garnered attention. While the project aims to reward quality content using AI and tokenization, improvements are needed in its core product to address user complaints. The long-term success of KAITO hinges on its ability to deliver utility and enhance platform functionality. Read more AI-generated news on: https://app.chaingpt.org/news

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