Another project has been added to Kaito Rewards, Novastra which is a real-world assets EVM L3.
The rewards distribution is interesting:
0.50% of the total $NOVAS supply will go to leaderboard yappers as usual.
0.25% of the supply goes to the larger Kaito ecosystem, I assume that includes $KAITO stakers and NFT holders.
I think we'll see this 2:1 split more often as Kaito wants to focus on both leaderboard and ecosystem participation.
In this case, $NOVAS will power their RWA ecosystem (such as real estate, metals, IP, etc).
RWAs are a growing sector in crypto, with more adoption of crypto in general I think we'll see a lot more attention and money flowing there.
From a Kaito perspective it's one of the more complex crypto verticals tho, so I think there's a lot of potential for good content from people who actually know what they're talking about when it comes to RWAs and real world usecases.
Worth paying attention to if you’re interested this area of crypto, started today