Author: BitMart Source: medium

1. Background of Kaito

Kaito is a Web3 information platform dedicated to solving the problem of information fragmentation in the crypto world. It collects and organizes multiple data sources such as social media, research forums, podcasts, etc. in real time through the AI-driven Kaito Pro search engine and Kaito Connect InfoFi network. The platform uses large language models (LLM) and semantic understanding technology to transform digital unstructured information into instant insights, including sentiment analysis, keyword tracking, transcription context retrieval and other functions. In addition, Kaito Yaps "focuses on tokenizing" the content posted by users on X, quantifies the real influence, encourages the community to create and share high-quality information, and fairly promotes a transparent information financial ecosystem. The project was founded in 2022 and completed two rounds of financing in June and August 2023, raising a total of US$10.8 million. Investors include Dragonfly, Sequoia China, Jane Street, etc.

2. Kaito Connect and Yaps Points System

In order to encourage community participation and reward valuable information contributions, Kaito launched the Kaito Connect network and the Yaps points system. The Yaps plan is Kaito's core incentive mechanism, which encourages users to publish high-quality crypto-related content on social platform X. The system uses AI to evaluate the quality of posts, interaction depth, and content relevance, and rewards truly high-quality contributions. Participants are called "Yappers" and the points they earn (Yap points) can be used to: Participate in weekly sKAITO rewards distribution Qualify for future airdrops Improve your ranking in the Yapper leaderboard Unlock more rights in the Kaito ecosystem Yapper leaderboard and Launchpad Kaito has built a content and screening mechanism through the Yapper leaderboard and Launchpad. Users can get rankings for publishing high-quality encrypted content, including comprehensive rankings of themes, AI-themed rankings, and exclusive rankings for each project. In addition, each specific crypto project has a separate project leaderboard, which is divided into two stages before and after TGE, including Berachain, Monad, Initia, etc. The project leaderboard is used to identify and reward core opinion leaders and supporters. Users can see who is striving for influence for the project and what they have posted voting content. The community votes on Launchpad to decide whether new projects will be included in the list. You can participate by holding Yap points or Smart Followers, and finally select new projects to enter the leaderboard. Voting methods include Yapper voting (based on points and followers) and Holder voting (Genesis NFT + Staking KAITO users). Through Launchpad, users can participate in project participants while creating opportunities for their own Yap points competition.

Kaito Connect

Kaito Connect is an AI-based InfoFi information network that promotes information sharing and transparency through interconnected products and frameworks. Any user (regardless of influence) can participate and share crypto-related information to obtain corresponding value contributions. All reward records are publicly available on the chain, and the ranking mechanism ensures transparent disclosure of sponsored content. The network includes four types of participants: creators, ordinary users, brands, and platforms, and strives to fairly distribute rewards among these four parties.

III. Yaps acquisition mechanism

1. Yap points calculation rules

Kaito's Yaps is not just based on the traditional "likes" or "reads" as a reference system. The official FAQ clearly states that the focus is on post quality > quantity. By using a large language model to understand the algorithm of multiple content, junk content is filtered and insightful posts are rewarded. The following quantities are taken into consideration comprehensively:

• Posting frequency: continuous output is encouraged, but quality is more important than quantity

• Interaction performance: posts receive interactions such as forwarding and comments, and scores are obtained

• Content semantics: whether the content has analytical depth, originality, informativeness and crypto-relevance

• Originality assurance: use LLM and plagiarism detection tools to destroy spam content and plagiarism

2. Ways to obtain Yaps points

The increase in points depends on the interaction signals of the Inner Circle (i.e., highly influential crypto Twitter accounts), especially high-quality social behaviors such as comments and citations, so as to reversely verify the content and prevent water army and invalid interaction from brushing points.

Method 1: Deep Interaction Strategy

Actively comment on tweets from high-influence Twitter accounts and express your own opinions. You can increase the probability of the other party's response by supplementing data or opinions. In addition, choose tweets from popular projects in the current market (such as Kaito ranking projects) to reply to increase the value of interaction. In addition, attracting the attention of high-influence accounts (smart followers) can also obtain corresponding Yap points.

Method 2: Depth of Writing Content

Focus on the projects on the Kaito rankings of the week and write in-depth content (technical analysis, valuation model, airdrop strategy, etc.), and then @ the project party and Kaito to obtain Yaps + potential project party rewards. Take the situation of Sei's top 50 accounts this month: about 20 related tweets were released in the past 30 days, each tweet has its own views and original pictures, and more than 500 tweets related to Sei were replied this month (most of which are meaningless). It has only 9 smart followers and less than 1,000 followers, but it can still rank in the top 50 of the rankings. This means that ordinary users can also enter the Kaito rankings and receive corresponding rewards by posting high-quality tweets and opinions. Small accounts can also succeed because Kaito's algorithm does not only focus on users with a large number of followers. Some users with a small number of followers can surpass KOLs in rankings through high-quality tweets.

3. Kaito Voting Mechanism
Kaito's voting mechanism revolves around Yapper Launchpad, and core voting distributes influence through holding and participation behaviors. Voting Yapper voting (based on Yap points and the number of smart followers) and holder voting (based on sKAITO and Genesis NFT obtained by staking KAITO). Holder voting discusses 75%, and Yapper community voting discusses 25%. Genesis NFT acts as a "voting multiplier" to enhance the voting efficiency of sKAITO and help long-term holders gain higher weight.

sKAITO's voting power is calculated based on four dimensions: the number of positions held, the holding time, the continuous voting time, and the system dynamic multiplier. The system incentivizes long-term lock-up and stable support through time weighting and "holding share". The impact of sKAITO voting power will gradually accumulate over time, and even if it does not appear, Genesis NFT can enhance its final effect.

Fourth, popular activities

1. INFINEX (ranked first in popularity)

INFINEX's activities are carried out on a seasonal basis, with a total prize pool of about $6 million in uPatrons: the 0th season rewards about $600,000, and the first season is currently underway, with rewards of about $900,000. Users participate in the points reward through content creation and invitation mechanisms, and receive uPatrons rewards. The points and reward amounts allocated each season are gradually increased: the top three players in the 0th season each receive rewards of $10,000 to $35,000; the top 10 rewards are more than $7,000; the top 138 players can all receive rewards of more than $1,000. 150 MuPatrons (about $900,000) will be allocated from the first season, and more rewards will be allocated in subsequent seasons. At the same time, 20% of uPatrons belong to Genesis NFT holders and pledge users, and some will be distributed through Infinex airdrops.

Participation methods include:

• Post high-quality content related to Infinex on Twitter, and the system will evaluate it weekly based on the ranking of posts.

• Recommend real users to use the platform to increase points (only sponsors and the top 500 players in Season 0 can generate referral links).

• Become an Infinex sponsor, multiply points and income, and get higher rankings and rewards.

Note: The figure shows the earnings of the top 10 users in Season 0

2.Huma Finance

Huma's activities are divided into three seasons, with a total prize pool of approximately 0.5% of the total supply of Huma, approximately US$2.3 million. The first season is currently launched. Participants only need to produce in-depth, valuable, high-quality Huma-related content on Twitter and rank in the top 500 of Huma Yapper to share viewable HUMA Token rewards, the first season reward period is May 26-June 26. In addition, users of the Kaito ecosystem will also share another 10 million HUMA tokens. To qualify for this part of the reward, in addition to users actively maintaining in the fields of Solana, DeFi, PayFi and RWA, they also need to have a SOL wallet on Yaps and hold more than 100 Skaito/YT Kaito.

3. Newton

The total reward pool for Newton's activities is about 0.75% of the total NEWT supply, of which 0.5% is allocated to high-quality sub-apples and successful recommendations, and up to 0.25% will be distributed to the Kaito community based on community milestone achievements. Users obtain rewards through the mechanism of creating, recommending agents to interact with the community, and introducing community milestone bonus mechanisms and identity allocations. As the overall welfare of the community grows, it will be more successful.

Participation methods include:

• Publish original in-depth content about Magic Newton on Twitter, and the system will evaluate the ranking based on data such as speech depth and interaction quality.

• Other recommended users register and use regular purchase agents (fixed investment smart agents), and both the recommender and the recommended can get bonus points.

• Participate in tasks such as following social media, joining discord, and platform interactive mini-games to get points rewards, including dice rolling and minesweeper.

Community milestone bonus mechanism, mainly refers to the overall number of activated agents in the community reaching the following nodes, the community reward pool increases token activities, that is, the more community participation, the total reward pool rewards:

• 1K agent activation: +0.05%

• 5K agent activation: +0.10%

• 15K agent activation: +0.15%

• 25K agent activation: +0.20%

• 50,000 agent activation: +0.25%

4.LOUD (ended)

After the launch, the price of LOUD once soared to a market value of about $3,600, bringing more than 100 times the return to early investors. However, due to the concentrated release of Southeast unlocked tokens and the lack of sustained narrative support, the price has fallen sharply, and the current market value has fallen to about $131. Although this shows that LOUD has successfully attracted widespread attention under Kaito's Mindshare model, due to excessive selling pressure and scientific follow-up development plans, the life cycle of the project is relatively short.

V. Summary

From the perspective of Kaito, Kaito has built an innovative information ecosystem through Kaito Connect and Yaps points system. KOLs can accumulate points to amplify their influence and gain benefits. Project parties can also more accurately identify key creators and design interactions, thus achieving effective linkage between community and project value. Although ordinary users also have the opportunity to earn points through content creation, interaction and other participation methods, the overall operation is shared, and it is necessary to continuously operate the account (such as original content, overall interaction with high-quality accounts, etc., similar to Sei. Compared with the past methods of participating in a single project test network or brushing transactions to obtain airdrops, the Kaito model has higher costs and participation for retail investors, and is more of an incentive for long-term content creators.

Risk Warning:

The information provided is for reference only and should not be regarded as a recommendation to buy, sell or hold any financial asset. All information is provided in good faith. However, we make no express or implied representations or warranties as to the accuracy, adequacy, validity, reliability, availability or defects of such information.