NexID Research · March 2026

$146M in
rented attention.

Between 2024–2026, over $146M in token value funded social engagement campaigns across four platforms. This tracker documents every campaign — its rewards, its impact, and what the data shows happened after the rewards ran out.

Kaito
$116.94M
80.4% of total
Cookie3
~$21M
14.4% of total
Wallchain
~$7.5M
5.1% of total
XEET
~$1M
0.7% of total
The Question

$146M distributed.
How much built
anything lasting?

Every campaign here follows the same arc: rewards attract participants, engagement spikes, rewards end, participants leave. The capital is spent, but the protocol is back to baseline. There has to be a better model.

How do we fix this? →