What was DAGLabs' original business plan before Kaspa launched?

DAGLabs initially planned to develop OPoW-like ASICs — specialized mining chips — and sell or distribute their hashrate as a revenue model. The idea was that this would balance decentralization (anyone could buy hashrate) with the financial sustainability a company needs to operate. The plan failed for two reasons: OPoW ASIC technology was not mature enough at the time, and the team concluded that a pure fair launch was the only credible path for Kaspa's future. Understanding this history matters because it explains why Kaspa has no pre-mined coins and no privileged early allocations — the company pivoted away from a model that would have required them.

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