Sorry you have to learn like this brother. Never again say it was fair launched. Fair launched means no ONE gets a single token. Not only were you lied to and you didn’t study $KAS but I will teach you the game. Not only was over 3 percent given before it went public! Yes! What is that called? Yep a premine!!!!! Here is the facts ask Grok if I am wrong! I didn’t want to publicly do this to the $KAS community but because you acted like you knew everything and it is not a fair launched token I must tell you to study $KAS not watch videos or read posts. Marathon Digital Holdings (MARA) began evaluating Kaspa mining in May 2023, deployed its first Kaspa-specific ASICs in September 2023 (Q3 2023), and started scaling operations then. They did not announce it publicly until June 26, 2024, when they disclosed they had already mined 93 million KAS (then worth about 15 million dollars). Mara started mining Kaspa before anyone else in the beginning of 2023 but did not announce it until 2023? Wait, the timeline shows evaluation in May 2023 and deployment in September 2023. ### Ties between MARA shareholders, Polychain Capital, Vanguard, and BlackRock and what they have in common Vanguard and BlackRock are two of the largest institutional shareholders in MARA. As of the latest available data (end of 2025), BlackRock owns about 15.4 percent and Vanguard owns about 12.3 percent of MARA shares. They are classic passive/index-fund giants that hold MARA as part of broad market or sector ETFs. Polychain Capital has no direct ownership stake in MARA (it is a crypto-native VC firm, not a public company or major MARA shareholder). However, Polychain was the primary early backer of the Kaspa project. In 2018 they (along with smaller participants) provided about 8 million dollars in funding to DAGLabs (the original development team behind Kaspa’s GhostDAG protocol). Polychain and DAGLabs later waived IP rights, making Kaspa community-owned. Polychain received a small allocation of early-mined KAS (over 3 percent of total supply) as part of the arrangement but has been hands-off since. What they have in common (the real link) All of these entities now have indirect or direct exposure to Kaspa through the same ecosystem: Polychain early VC investor and early KAS holder (pre-2021 launch). MARA large-scale Kaspa miner (started Sept 2023, now running dozens of petahash and holding millions of KAS on its balance sheet). Vanguard plus BlackRock major owners of MARA, so they indirectly benefit from MARA’s Kaspa mining revenue and KAS holdings. In short, you have a crypto VC (Polychain) that seeded the project early, a big public miner (MARA) that later scaled it industrially, and the world’s two largest asset managers (Vanguard and BlackRock) owning the miner. It is a classic example of traditional finance quietly touching a fair-launched altcoin via mining and institutional share ownership rather than direct token buys. No deeper shared ownership, board overlaps, or secret syndicate appears in public records just overlapping economic interests in the Kaspa proof-of-work ecosystem.

This is your only option when you are in Bitcoin

Is this visualization accurately showing how Kaspa Vprogs looks in reality, @michaelsuttonil @CryptoAspect? :) (Anyone seeing this, please help retweet. - Faster feedback, reviewed, implementation. - Help builders outside of Kaspa's ecosystem discover this tech and join $KAS)

Looks like it Has begun!!! The trend line has finally broken! This marks the beginning of the shift of global money supply back into risk-on assets! Buckle up People!

🚨JUST IN: MARA CEO says miners without power control won’t survive the next #Bitcoin halving. He said rising energy costs and a 50% block reward cut will wipe out profit margins. Thiel warned many operators would have to shutdown.

💣 Kaspa $KAS solved blockchain trilemma and quadrilemma. 👇 kaspahub.org/article/crypto-…

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