Launch countdown is live! Kaito and Kudos under SIXR Cricket badge—less than 36 hours to go.

The hype is real, no doubt. But here's what most people miss when they're caught up in the excitement: beyond the polished presentations and marketing narratives, there's one fundamental question that actually matters.

Who ends up capturing the real value?

Stripdown the glamorous positioning, and you're left staring at the mechanics. In crowded market segments, value distribution often tilts toward early movers or protocol layers, not necessarily the flashy application on top. The difference between a project that rides momentum and one that builds sustainable economics comes down to understanding where actual value accrual happens in the ecosystem.