K Token Sale
Last updated
Last updated
TLDR
⚡ No gas fees. No bots. No hidden mechanics. Sybil-resistant, compliant, and fair sale for real users.
📅 Feb 18th → 20th | $K Sale Allocation: 250K Tokens (2.5% Supply)
💰 Bid Your Max Price ($10-$30) & Everyone Pays the Same Price
🔮 Emissary Program: 700 VIP Spots open February 11th.
🏯 If the goal is met, $K will be listed by March 31st.
Why This Sale Matters?
Kinto isn’t just another token launch — it’s your chance to own part of a modular exchange that’s already live, scaling fast, revenue-generating and backed by Top Investors including Spartan, Parafi, Robot Ventures, Murad Mahmudov & Santiago Santos.
Last week we announced the Kinto ICO launchpad and the K token sale. If you want to read more about how our launchpad solves all the problems that plagued ICOs, read this link.
In this post we will explain all the K token sale mechanics.
Start Time: Feb 18th 10am PT. End Time: Feb 20th 5pm PT.
250,000 K tokens will be available from the 10,000,000 total token supply. You can see the token distribution below:
The allocation for this token sale will come from the investor pool where currently Kinto has sold 18.5% to investors across three different rounds for a total of $7M. Last round happened in January 2024 at $10 per token price.
After the sale, the circulating supply will reach 33%. 20.5% from investors, 10% from our Engen program and mining rewards and the remaining 2.5% for the liquidity event / listings.
Kinto will have a high float on listing date and a relatively low FDV (fully dilluted valuation). Opposite of most projects out there.
Team members have a 3–4 year vesting and 1 year lock that started last year when the token was deployed (June 30th 2024). In order to give priority to all our investors and existing users, the team is extending a new lock until October 1st 2025.
📔 Initial Token Supply is 10M. Governance could later decide to enhance yearly inflation capped at 5%. If inflation is ever activated, supply can never pass 15M.
📚 Tokenomics | 📕 Governance | ⛏ Mining Program
Unlike overhyped projects with no revenue, Kinto is already generating revenue, has a live product and growing fast.
The sale starts at $10 per token, same price top investors paid last year.
That means you get the same opportunity before listing. 🔥
In order to think about the valuation we are offering three different angles.
3.1 Thesis 🧠
This post lays out our fundamental thesis behind the Modular Exchange. The modular exchange has all the features that users need from CEXs while remaining decentralized, permissionless and community-owned.
The go-to market strategy is relatively simple. Attract, convert and retain users currently on CEXs by leveraging Kinto’s differences as a non-custodial alternative, which is 10x more secure with lower fees and token incentives.
We believe that exchanges and wallets are the best businesses in crypto and Kinto offers for the first time the opportunity to own a piece of it from the beginning.
One way to think about valuation is to consider Kinto in comparison to the existing centralized exchanges. Here are their numbers:
A modular exchange built from the ground up with decentralized tech and AI assistance, can drive down employees and costs 100x and could command a higher multiple. Kinto is a fully decentralized, modular exchange with lower fees & better tech.
If CEXs are worth billions, why wouldn’t a truly decentralized exchange that users can fully owned eventually get there?
3.2 Revenue Projections 🧮
Most people are sleeping on the modular exchange thesis and don’t even understand what Kinto is. However, Kinto keeps accelerating towards public launch. In the last quarter, it has grown +200% from 35k verified users to more than 75k. Our users are fully verified and provably unique.
Kinto is a live product that is working and onboarding thousands of users every month. We have 75K fully unique verified users and we are earning several thousands of dollars in on-chain revenue daily through our Hyperliquid integration.
Annualizing our revenue, that’s $300K per month or $3.5M per year. At higher trading volumes and if we keep our growth this could scale even further. Crypto projects with recurring protocol revenue often trade at 10x-50x revenue multiples because of the liquidity premium vs normal SaaS.
Suffice to say that many projects trade at infinite multiples in crypto. Many projects have no revenue yet they have a market cap in the billions 🤦♂
Many projects trade at sky-high valuations with zero revenue, while Kinto is already live & scaling fast.
However Kinto is not here to offer memetic value, we are here to create value for people through a service they want to use and therefore we like to base our assumptions in scenarios grounded in reality.
3.3 Previous funding rounds 🌱
Regarding fundraising, Kinto has raised $7M so far from Spartan, Parafi, Robot Ventures and angel investors like Murad Mahmudov and Santiago Santos.
These rounds were completed at different valuations. The last one happened early last year, where we raised $2M at 100M valuation or $10 per token.
We want to give users a choice to join Kinto at the same price that investors paid a year ago and that’s why the price starts at $10.
The sale is run as an auction where every user enters both the amount of USDC they want to contribute and the max price per token.
This is how it works:
1️⃣ You submit a bid → Choose the USDC amount you want to contribute & max price per token ($10-$30). 2️⃣ At the end of the sale → All bids are sorted from highest to lowest price. 3️⃣ The final price is set at the last token sold → Everyone pays the same price as the lowest successful bid.
In order to break ties, priority will be given to:
Engen holders based on their ENGEN balance
Emissaries. 700 spots reserved to people that commit next week.
Active Kinto users based on their mining Rewards
💡 If the last winning bid is at $20 per token, then:
Everyone pays $20 per token (even those who bid more).
Users who bid below $20 don’t get any tokens and get back their USDC.
This system ensures fairness & prevents price manipulation — you only pay what’s necessary.
If the goal is reached, users will be able to claim their tokens and unused USDC on February 24th. If the goal is not reached, users will be able to retrieve their USDC on February 21st at 10am PT.
5. Contributions per user 👨
Kinto is sybil-resistant by default so it is ensured that all users are unique and can only participate once. We have introduced a small minimum to maximize retail participation and cap the maximum to promote a wide distribution.
Minimum Contribution: $500 ($250 for Emissaries & Engen Holders) Max Contribution: $100,000 ($250k for Emissaries & Engen Holders)
6. Emissaries — 700 members 🔮 On Tuesday, February 11th 10am PT, we will release 700 spots for people that commit early. These will be distributed FCFS (First come, first serve). Emissary members will receive the following perks:
Increased Max Contribution (Up to $250K instead of $100K)
Lower Minimum Contribution ($250 instead of $500)
Tiebreaker Advantage in Dutch Auction
Exclusive Emissary Badge -> 5% bonus in mining rewards
🚨 Only 700 Spots — Once They’re Gone, They’re Gone.
In order to become an emissary, you just need to deposit USDC on the sale website. The website will be published on Monday February 10th.
Three Simple Steps to Join: 1️⃣ Create Your Account & Deposit USDC → kinto.xyz 2️⃣ Join the Emissary Program (Feb 11th) → Secure Exclusive Perks 3️⃣ Follow @KintoXYZ & Join Discord for Live Updates
The modular exchange revolution starts now. Be part of it before listing!
