Is Kaito's first principal-protected new project—Bitdealer—worth participating in?

Following @buidlpad's new issuance with a principal protection mechanism, Kaito has quickly followed with a Kickstarter model.

This time, @KaitoAI in collaboration with @bitdealernet offers a principal protection mechanism: if the token price falls below the pre-sale level and the user chooses a refund, they can receive a refund within 7 days after TGE ends.

Bitdealer is the first launch platform on Solana to link Meme tokens with physical gaming assets (such as slot machines). By tying game revenue to the token, it provides real value and sustainability, avoiding pure speculation.

Details of the new issuance:

Time: Already started, with 4 days remaining
Valuation: $35 million FDV
Target fundraising amount: $500,000
Unlock conditions: 100% unlocked at TGE
TGE date: November 2025
Previous investors: True Labs, Oddiyana Ventures, Spidersilk Capital
Minimum/Maximum allocation: $1,000 - $100,000
If you choose a refund, you will receive a full refund without any fees.

After experiencing a previous new issuance through $XNL , I was completely discouraged, but this one seems more promising.

I'm still thinking of putting in a little to try, especially since it has a principal protection mechanism.

What does everyone think? Will you still trust #KAITO?