KGEN (KGEN)

Yesterday I attended the KGeN Seoul meetup. @KGeN_IO Actually, this was my first time encountering the KGeN project, so my expectations were even higher. Hearing it directly on site is much easier to understand than reading a whitepaper. Of course, I did some brief study before going to the meetup. Binance Alpha listing Around $43.5 million of investment raised Close to 60 million verified users Having confirmed that it is already attracting attention in various fields, I set off. Arrived at Seolleung Station BigPlace! The venue was hot from the start I arrived at Seolleung Station BigPlace at about 6:20 PM. After checking in with LUMA and receiving a wristband, I entered the venue and saw many people already filling the seats. "Ah, it’s really more popular than I thought." Just from the atmosphere, you can feel the significant interest in KGeN. As soon as I arrived, the event started: I bought KGEN on Coinone and participated in the holder verification event. I barely managed to succeed! This meetup was hosted by "Bulgaemi"; his cheerful style made the atmosphere great right from the beginning. ★ India’s Father of Gaming, Manish appears Then KGeN’s founder Manish took the stage. This part surprised me the most!! According to the introduction on site, Manish is known in India as the "Father of Gaming." He is a legendary founder who grew the Indian cricket gaming business to a value of about KRW 1.5 trillion. Honestly, hearing that instantly raised my expectations for KGeN’s gaming business. There’s a saying that people who have experienced success know the formula for success. Of course not every project succeeds, but having experience growing a large market is an undeniable strength. Proof of Human, what does KGeN do? The formal presentation began. Fortunately, live translation was provided, so I could follow easily. KGeN is not just a simple gaming project. "Proof of Human" In other words, it’s a project building infrastructure that provides verified human data needed in the AI era! Also, the scale KGeN currently holds is quite impressive. More than 61.9 million verified users Service in over 60 countries Annual recurring revenue (ARR) about $85.8 million What AI companies need includes: RLHF (reinforcement learning) Preference data AI evaluation AI alignment Real‑user testing All of this builds a massive Human Layer. It’s also amazing that as AI advances, the value of human data rises alongside it. Fun event time After the basic project presentation (Part 1), various events were held. KGeN quiz and "Find the AI" game! The AI‑finding game was much harder than expected. "Can’t even tell at this level?" I could feel the boundary between humans and AI blurring. I participated earnestly, but... Got nothing in return... Legendary photo and a late dinner!!! I wore the KGeN t‑shirt I got before the evening session and took a photo with Manish. Personally, this was one of the best harvests of the meetup. However, because I lingered after the photo, I arrived late for the dinner line, and the food was almost all gone! I had to fill up as much as possible. The organizers ordered extra pizza, so everyone enjoyed a happy dinner ending! haha Thank you. 😂 ★ Important ★ KGeN 2.0 major announcement! The real big announcement appears And the real core was Part 2. The venue’s atmosphere completely changed. A Joker image appeared on the stage screen, followed by the word "BURN." Then the disclosed content: A permanent burn of 22 million KGEN tokens. The reaction on site was significant. But what I consider more important is that it wasn’t just a simple burn. KGeN 2.0 core summary 1. Genesis burn in progress The tokens being burned are: Unclaimed airdrops Unsold node allocations In other words, it clears tokens that have no actual owners. Resulting in roughly a 10% reduction of total circulating supply. 2. No plan for new token inflow KGeN announced that there will be no additional token issuance for the time being, which is a crucial point for the market. Usually, even good news can be suppressed by continuous token inflow; KGeN means there will be no sell pressure for now. 3. Linking AI business revenue with token economics This is the real core. Most projects’ burns are one‑off events. But KGeN 2.0 is different. AI business contract signed ↓ Revenue generated ↓ Profit created ↓ Token reduction mechanism activated ↓ Supply decreases ↓ Deflation strengthens In short, as the AI business grows, token supply will shrink. 4. Revenue‑linked deflation model This part impressed me the most. It’s not just "we burn", but "the more the business grows, the more we burn." It attempts to tie token price to real business performance rather than short‑term events. 5. On‑chain transparency and external audit Another interesting point: KGeN announced it will not only claim revenue generation but also provide: External audit On‑chain disclosure Verification by anyone If implemented, it could solve a large part of the transparency issues long criticized in Web3. After announcing the big news in Part 2, the audience applauded and the KGeN presentation ended! ------------------------------------------ After the presentation, the final event continued: Bingo game. The first‑place prize was a whopping 100,000 KRW worth of KGEN. But I failed. Then the lucky draw “Orice” (duck race). My duck number 113… It seems to have migrated overseas, never showing up. In the end, I ended with nothing, but congratulations to the winners! 😂 This KGeN Seoul meetup was not just a simple project intro; it was a chance to hear how AI and Web3 can connect and how real business revenue can be linked to token economics. Especially, the KGeN 2.0 announcement presented a new direction: "AI business growth = token supply reduction," which left a strong impression. Of course, future execution will be crucial, but the vision and plan shown on site were already very interesting. I, too, will follow KGeN more closely after this meetup. I will keep following until the true value KGeN talks about materializes. Thanks for creating an enjoyable meetup time. #verifikorea #케이젠 #KGeN

.@KGeN_IO will permanently burn 22M $KGEN tokens, equivalent to about 10% of the circulating supply the burn consists of unclaimed airdropped tokens and unsold node allocations no plans to distribute new tokens for the time being, eliminating additional supply pressure team plans to build a deflationary model by using revenue from future AI contracts to buy back and burn its tokens

Took partial profit from $KGEN position and moved the stop loss above entry 🍀 https://t.co/hleMxvXffY

$KGEN +20%🟢 https://t.co/17oomXr9g1

$KGEN going for air here TP 2 hit ✅ Letting it ride https://t.co/Xr4osAW5xJ

KGEN UP ‼️ https://t.co/h2y7UDrtuD

Stops to BE $KGEN https://t.co/JdVTzGuyRn

$KGEN Going for the reclaim flip now 🟢 Notis on? https://t.co/02w42q40H2

$KGEN chart caught my attention Reclaim setup Range support from March (0.19–0.22) broke down to 0.14 in April, now being reclaimed. HL > HH structure off the low. Currently retesting the flip zone. https://t.co/4RV1xUa8rf