Two encryption projects have recently revealed that they plan to give back to the community with an equity interest rather than a token. The actions of KAST and the NFT IP brand Claynosaurz show that some of the income-generating encryption companies are redesigning community incentives.

KAST proposes to convert points into equity-linked tools

KAST sent an e-mail on 2 July to users with higher credit balances stating that the Platform planned to convert credits into monetized equity or other instruments linked to corporate equity, rather than to introduce traditional tokens. Further details are expected to be published in the fourth quarter of this year.

The company indicated that investors had agreed to reserve a share in the community. At this stage, KAST plans to allocate the amount by the user ' s credit balance through a special purpose vehicle (SPV), while promoting the required legal and regulatory arrangements.

For users with lower credits, KAST stated that other forms of interest such as consumer exchange, destruction mechanisms and regular buy-backs could be provided.

User size and distribution calibration Pea. Lou.

KAST co-founder Raagulan Pathy then added that the 100 pre-platform users had points above 1 million and that nearly 10,000 users held at least 10,000.

He also stated that KAST had in the past not sold to investors a token or future token agreement and that the user points were derived entirely from the Platform ' s use. The company plans to map the nominal value of the points as a stock-linking tool based on the most recent round of equity prices by investors.

According to him, community-to-community equity pools were close to the nine-digit scale after the spread, but the report did not disclose more specific amounts.

Claynosaurz reserved 15% of the power pool.

Several hours after KAST announced its plan, Solana's original IP and entertainment brand Claynosaurz announced similar arrangements. According to the project, 15 per cent of equity options have been reserved for eligible ecological participants.

Claynosaurz indicates that the search tool will be distributed online next week and that more information on accreditation will be published simultaneously. The co-founder and chief creative officer, Nicholas Cabana, stated that the decision was in response to long-standing supporters who had helped to expand the brand through creation, activities, referrals, feedback and content dissemination.

The disconnection between token and business value is magnified.

It was reported that both arrangements responded to a long-standing problem in the encryption industry: most tokens did not give the holder direct access to company income or cash flows. Under pressure from securities regulation, many projects have long separated operating companies from the system of tokens, with the result that company revenues have increased, but the holders of tokens have not necessarily benefited simultaneously.

This gap has become more pronounced in the past year. Hyperliquid is considered one of the few exceptions. According to the report, DEX, the contract for durability, has generated more than $1.1 billion in income, and its token, HYPE, has clearly performed better than most projects.

By contrast, the tokens of some high-income projects did not perform well. The report mentions that while the cumulative revenue of the pump.fun has exceeded $1 billion, the PUMP token is still more than 60 per cent below the issuing price of the 0.004 dollar, even though the platform has spent over $400 million on buy-back and destruction. The Jupiter business has also been at the forefront of the industry, but the JP token also fails to reflect its performance.

Industry or emergence of new incentive paths

At this stage, KAST and Claynosaurz offer a different attempt than traditional currency. For projects with a centralized team, stable income and mature products, the equity structure may more easily carry the business value than a single issue.

If this model is adopted by more projects, the encryption industry may be reoriented around the design of community incentives, distribution of ownership and token functions.