$RWSTR
Fading QuicklySnapshot Window: 2026-09-09 22:40 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 1, Likes: 1, Impressions: 207
Verbatim Community Citations & Social Evidence 1 source posts analyzed
The whole "Kaspa was a fair launch" thing needs to stop. I keep seeing the fair launch argument pop up and it makes me wonder how many people have *actually mined* kaspa? I was there fairly close to the beginning and it just seems like there's a lot of gas lighting. No premine, no ICO, no founder allocation. All true, and I'm not disputing any of it. The problem is people use "no premine" as shorthand for "everyone had an equal shot," and those are two different claims. Before launch, Sompolinsky wrote that DAGLabs was a for-profit company whose business model was mining Kaspa, and said outright it was neither attempting nor pretending to be a fair launch coin. The hardware/presale plan he was describing there did fall apart before mainnet, so that version never happened. But DAGLabs still mined from day one. Per Kaspa's own wiki they'd raised around $8m, mostly Polychain, and after launch put the last few hundred grand into renting mining hardware on AWS for about five months. The wiki's estimate is under 3% of max supply, roughly 2.5%, so somewhere under 850m KAS. Those went to investors, former employees, advisers.