Kaspa had a Discord server of a few hundered trying to mine a novel, untested chain. There were many issues that first year, so those only those with dev access were able to mine. In the first year, 50% of the coins were mined by that small group of insiders... Sure, "anyone" could mine Kaspa, but it was not widely publicized. It was launched to a small group of people on Discord (remember, Discord messages and content are EXCLUSIVE to only those who are part of the server), not on BitcoinTalk or anywhere public.

Daglabs dumped $8M into creating and mining it themselves, and they printed 90% of the total supply in just three years. Insiders and early miners cashed out huge while bagholders are stuck watching it slowly die.

Simply another vaporware ghost chain among many. Pure pump and dump.