The RISE chain is set to launch on Monday, and the fourth project of Kaito Capital Launchpad is coming!

Valuation at $200 million, target fundraising of 2 million USDC.

Supply capped at 4%, TGE unlocks 50%, TGE + 6 months unlocks another 50%.

Kaito's public sale rules this time are quite complex, with priority allocation given to early birds, ETH supporters, RISE testnet users, Kaito ecosystem users, and NFT holders, with the remainder open to others.

The core highlight of the ISE chain is: a next-generation high-speed blockchain based on Ethereum, with latencies as low as 5 milliseconds, suitable for large-scale real-time applications, inheriting Ethereum's security and decentralization.

RISE is a new generation high-speed blockchain designed for large-scale applications.

Through a sorting-based approach, RISE will inherit Ethereum's proven censorship resistance, security, and uptime.

Seeing this, it should be clear why @rise_chainR prioritized ETH supporters.

I think ETH holders should be quite optimistic, but the 6-month lock-up will be a hindrance, and I estimate the rules will be modified later?

Looks like I’ll have to spend $1000 to exchange for a badge again, what do you think?