Launchpad FAQs

General

What is Capital Launchpad?

Capital Launchpad connects communities with top community-centric projects, in a way that is open, meritocratic and relevance-based, as an alternative to the FCFS model. Process and allocation are determined by analytics, based on the most in-depth social reputation and mapping, onchain reputation and holdings, historical alignment/participation, region, conviction, and more.

How does Capital Launchpad work?

Projects set clear round terms — valuation, raise target, vesting terms — and interested participants pledge the full amount they want to allocate.

Projects then review the comprehensive data, assign allocations in the Preferred Phase, and open up the remaining raise amount (if any) to all other eligible users on Capital Launchpad on a First-Come-First-Served (FCFS) basis.

What are the stages involved in a funding round on Capital Launchpad?

Funding round lifecycle includes the following phases:

• Pre-Pledging Phase

  • Funding round terms (round size, valuation, vesting terms) will be published on the platform

• Pledging Phase

  • Eligible users are required to indicate preferred allocation amount ("Preferred Allocation") and must pay the full amount in USDC to successfully pledge and be considered for the next phase

  • Note that a user is only eligible for refund if (a) the user is not selected and does not receive any allocation in the next phase, or (b) the user’s final allocation amount ("Final Allocation") is less than the Preferred Allocation; refunds will not be provided under any other circumstances

• Review Phase

  • Project team reviews comprehensive data analytics and determines the Final Allocation for each user who participated in the Pledging Phase

• Preferred Phase

  • Once the Final Allocation is assigned, users who are successful in receiving the allocation will receive an e-mail notification

  • Eligible users will be refunded only if they did not receive any allocation or their Final Allocation is lower than the Preferred Allocation, in which case the difference will be returned.

• FCFS Phase

  • If there is remaining amount that is unallocated, it will be offered to all other eligible users on Capital Launchpad on a FCFS basis

Am I eligible to participate in all funding rounds on Capital Launchpad?

No. Your eligibility depends on whether you:

(i) have passed our KYC/AML screening,

(ii) meet any accreditation or eligibility criteria (where required),

(iii) are from a supported jurisdiction (more details in Terms of Use),

If you’re legally permitted to participate in any launchpad activity and meet the criteria set by projects or by Kaito, you will be able to see and can participate in rounds. Otherwise, those rounds will not be accessible.

Does participation in the Pledging Phase guarantee an allocation?

No. Participating in the Pledging Phase does not secure your allocation in the funding round.

Only successful users who participated in the Pledging Phase will receive a final allocation offer after the Review Phase, which needs to be completed within a specified time window for successful allocation.

If a successful user chooses not to proceed with the offer, the deposit will be forfeited.

In the Pledging Phase, can I adjust my preferred allocation amount after my initial submission?

No. You cannot change your preferred allocation amount after you have completed your initial submission.

After the Review Phase, do I get my deposit back if I choose not to proceed with the final allocation amount offered?

No. If you choose not to proceed with the approved allocation offered, your deposit will be forfeited.

You are only eligible for refund if (a) you are not offered any allocation after the Review Phase, or (b) your final allocation amount is less than your preferred allocation amount.

How long does the refund process take?

Your deposit will be refunded, usually within five business days.

Onboarding, KYC and Compliance

What do I need to do to onboard successfully on Capital Launchpad?

You are required to complete all onboarding steps, which includes:

• Verify Identity — Complete KYC/AML screening

• Enable Two-Factor Authentication (2FA) — Configure 2FA settings

• Fund Smart Wallet — Top up USDC on Base into embedded wallet within Capital Launchpad

• Link Email — Connect an email address to receive the latest updates and notifications on funding rounds

What KYC steps are required?

Before you can participate in any funding round, you must complete and pass our Know-Your-Customer (KYC) process (takes ~10 — 15 minutes to complete).

As part of the KYC, you will need to provide:

• A valid government-issued photo ID (eg national ID, passport)

• Proof of Address (eg bank account, utility bills, mortgage details, letters issued by government agencies, dated within 3 month)

• A verifiable contact number

• A valid email address

• Pass our AML/Sanctions screening (watchlist checks)

If you’re a U.S. participant, you are also required to confirm and attest your Accredited Investor status.

All information is processed by our trusted third-party KYC provider and kept strictly confidential.

Which jurisdictions are excluded?

As part of compliance and regulatory requirements, users from the following regions are excluded:

• Sanctioned countries

  • Iran;

  • North Korea;

  • Russia;

  • Certain regions of Ukraine including Crimea, Sevastopol and the areas of Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts not controlled by the Ukrainian government;

  • Cuba;

  • Yemen;

  • Sudan;

  • South Sudan;

  • Libya;

  • Lebanon;

  • Syria

• China

• United States (for some sales)

• Canada (for some sales)

• United Kingdom (for some sales)

The Kaito team or the project may amend the list above from time to time, or impose such other restrictions as may be required by applicable law or as determined at the sole discretion of the Kaito team or the relevant project.

Principal Protection Mechanism

What is the Principal Protection mechanism?

Specific sales on Capital Launchpad may feature a Principal Protection mechanism, which provides a post-TGE refund window (the “Refund Period”) that safeguards your contributed capital. This mechanism provides short-term downside protection while maintaining the flexibility of early participation.

During this Refund Period (7-day window from TGE), participants can opt in for a full refund of their principal amount. Partial refund is not allowed.

How does the Principal Protection mechanism work?

To be eligible for the refund, you need to

1. Request a refund through the platform during the Refund Period

2. Follow the necessary instructions, which will include sending the full, exact amount of claimed tokens from the same claim wallet to a designated refund address (must be completed during the Refund Period)

   • Tokens claimed cannot be transferred to any address other than the designated refund address.

   • If the claimed tokens are transferred to any other address, refund eligibility will be forfeited.

Once a refund is processed, the corresponding token allocation will be forfeited, and the refund is final and irreversible.

How long does it take for the refund to be processed?

The refund will be processed within 3 business days after the Refund Period has closed.

What happens if I send tokens to the refund address after the Refund Period has ended?

If tokens are sent to the designated refund address outside the specified Refund Period, your refund will not be processed, and these tokens will be lost which cannot be returned.

Does every sale include Principal Protection?

No. Principal Protection applies only to specific funding rounds. Where applicable, it will be clearly stated on the sale page alongside the relevant round terms and eligibility criteria.

Portfolio Management

Where can I track my activity and documents?

Under My Portfolio, can track every pledge, allocation, payment and refund.

All related documents (such as completed subscription agreements) are available there as well.

Wallet Management

What wallet does Capital Launchpad use?

We provide a built-in, self-custodial embedded Privy wallet that you use for all transactions on the platform.

What are the supported networks?

At launch, only Base Mainnet is supported.

Supported Network

Network Name	Base Mainnet
Description	The public mainnet for Base.
RPC Endpoint	https://mainnet.base.org
Chain ID	8453
Currency Symbol	ETH
Block Explorer	**https://base.blockscout.com/**

All transactions (funding embedded wallet, withdrawals from embedded wallet, etc) must be completed on Base Mainnet.

What are the supported tokens?

At launch, only USDC on Base Mainnet is supported (funding embedded wallet, withdrawals from embedded wallet, etc).

Supported Token

Token Name	Contract
USDC	0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913

Can my funds be recovered if I send tokens from and / or withdraw tokens to an unsupported network?

Only USDC on Base is supported currently.

If you send or withdraw tokens via other unsupported networks, they will be lost and irrecoverable.

Please make sure you are connected to the correct network(s) and interacting with supported token(s) before making any transactions.

Kaito will not be responsible for any loss of funds, nor be in a position to assist the recovery in any way.

Do you or a third party hold my funds?

No. The embedded wallet is fully self-custodial — only you control what transactions you sign.

Security & Data Privacy

Are my funds safe?

We work with an established wallet infrastructure provider, Privy, alongside a custodian partner, FalconX, to secure user funds.

Is my personal data safe?

We work with an established KYC provider, Persona, for identity verification and personal data management .

We do not share your personal data with projects, even if those projects require KYC.

For full details, please refer to our Privacy Policy as well as Persona’s privacy policy as set out in https://withpersona.com/legal/privacy-notices.

Support & Contact

What risks should I be aware of when participating in funding rounds?

You assume all risks, not limited to token value fluctuations, project failure, or forfeiture of deposits or balances.

For full details, please refer to our Terms of Use.

How can I reach out for further support?

Please reach out over email by emailing [email protected] with your X account ID, X username, wallet address with a description of the issue(s) you are facing.