Before we knew it, the projects @KaitoAI hyped up are graduating one by one. Just a few days ago, I saw @union_build release their economic model, and now they’re announcing their launch on Binance Alpha today. Compared to some projects that randomly change their models and backstab the community right before launch, Union seems to be showing decent sincerity. Out of the initial circulating supply of 19.19%, 11.19% is allocated to the ecosystem and community through the ecosystem fund, DAO treasury, and community incentives. So it’s highly likely that Yapper and early community participants will get a good chunk of tokens. The remaining 8% is allocated to the Union Foundation. Considering that core contributors and investors won’t have tokens or be able to claim staking rewards for 12 months, even if the team gets some TGE unlocks from the foundation, it’s not too glaring. Union’s theoretical comparison group should be LayerZero, Axelar, Wormhole, etc., but the difference is that it doesn’t rely on trusted third parties, oracles, multisig wallets, or MPC. Instead, it uses zero-knowledge proofs to solve cross-chain asset issues. Plus, they proactively reduced the token inflation rate, which is more genuine than their competitors. Among the investment institutions, VCs like Longhash are pretty decent, and there are star individual investors like Smokey, the founder of BearChain. They raised $16 million, which in my opinion makes it a solid VC-backed infrastructure project. Although their timing is slightly later compared to competitors, if they work hard to climb the ladder in public goods or Perp, they still have a decent shot.