The AI-driven crypto research platform Kaito has always been a favorite of on-chain degen (short for "degenerate", meaning more like "DeFi gamblers, veterans" - for details, please refer to the previous introduction). In December, the platform launched the Yap Points program, where users can earn Yap Points while improving their knowledge. It has been announced that 150 ETH in rewards will be airdropped to 1,000 users. Want to know how to use Yap and how to earn the points? This article will analyze it for you.
(What are Degen and Ape? 20 essential English words you need to know in the DeFi craze).
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ToggleBacked by Dragonfly, the AI research platform Kaito driven by TAO
Kaito is a crypto research platform that has received funding from well-known VCs like Dragonfly and Mirana, with the latest valuation reaching $87.5 million. Kaito provides customized dashboards and monitoring lists, organizing information on potential future market catalysts (token unlocks, TGEs, etc.). It also has a feature that transcribes phone calls, AMAs, podcasts, and videos, and summarizes the content from a Web3 perspective, which many AI tools can do, but Kaito does it with a Web3 lens.
For example, if I input to Kaito: "Can you summarize the FUD around the Eigenlayer airdrop and the team's response, with timestamps?"
Summary:
Locking and transfer restrictions: There were some comments and criticisms in the community about the locking and non-transferability of the EIGEN tokens, which were seen as undermining the utility and immediate value of the tokens, leading to user dissatisfaction.
Response:
- Explanation
The different stages of the airdrop have been detailed, with the first stage targeting users who directly participated in staking, and the second stage involving users who used DeFi protocols (the "complex DeFi users"). This means the second stage aimed to cover user groups that were initially not included. - Communication efforts
To address these criticisms, the team has increased communication, responding to community questions through various channels. - Website and blog updates
- Eigenlayer's website and blog have published further clarifications, detailing the distribution mechanics and timeline.
- These communications have emphasized the importance of the long-term vision for EIGEN within the Eigenlayer ecosystem and highlighted the token's core role in enabling new functionalities on the Ethereum layer.
The above is a case shared on Kaito's website, where readers can see the difference from traditional media.
(EigenLayer tokens without enabling circulation functionality, sparking community dissatisfaction)
Mind Share Deity Kaito
But for degen who need to be sensitive to narratives, Kaito's most powerful feature is mind share. Simply put, when you think of the crypto media in Taiwan, you think of ABMedia - this means ABMedia has a high mind share in your mind. Or when you look at the investment institutions behind a project, if you see Firm A, you might give the project a higher rating, but if you see Firm B, you might be more skeptical. In this case, Firm A has a higher mind share.
Applied to KOLs, mind share may represent the community's trust in that KOL, or in more casual terms, how "legit" that person is.
Kaito also provides a narrative rotation feature, analyzing which narratives are attracting capital inflows. However, Kaito is currently a paid service, and the price is not cheap. But for degen who are making big bucks, it has indeed saved them a lot of effort.
Exclude non-nutritious content sources, Kaito identifies smart users for you
In December, Kaito launched the Yap Points program, and although the official has not yet spoken about it, everyone speculates that it is related to future airdrops. Basically, Yap can be seen as a free version of the KOL Mind Share interface. In the Web3 world, Twitter is full of noise. Kaito helps users on the Yaps page filter out MLM content, identifying whether a Twitter user is a quality, smart user, and labeling how many smart followers that account has.
In the KOL mind share, it can be found that the AI agent aixbt on Base chain Virtuals still dominates, with others including Base chain's Jesse and Solana's Helius CEO Mert occupying the top three spots. This is consistent with the fact that Base and Solana are the hottest public chains this year.
In the Yapper Leaderboard, you can select options like AI Agent to view the current thought share of AI agents. If I'm unfamiliar with a public chain today and want to understand the ecosystem better, I can also obtain information sources through the Yap interface. For example, by clicking on Berachain, I can find key information sources about Berachain, such as the daily coin research founder Alvin, who is one of the top 20 content sources.
Scrolling down the interface will display the top 100 users by thought share for that public chain. For beginners, some content may be too technical, so you can choose Causal (easy) or Hardcore (more technical) content sources, which will be determined by AI based on the user's published information.
Another major challenge for content creators is that unscrupulous individuals often copy articles and claim them as their own, or use meaningless copied content to attract traffic. Kaito uses AI to detect this, and users can also choose to view original content or content from "copy-paste cockroaches" in the menu. Yap can also view the social networks of savvy users to see which accounts they are closely connected with.
Which VCs and upcoming projects are worth looking forward to? Kaito Arena tells you
The Pre-TGE Arena page can show which upcoming token projects are most anticipated, such as Kaito, Monad, Eclipse, Bera, OpenSea, and Story. Similarly, we can check the thought share of these VCs in the VC Arena, which would be very helpful for project research.
The founders of Story Protocol and Movement have also announced that they will enter the Yap ecosystem, which may indicate a rising trend and the potential to become the next Friendtech, although the outcome is uncertain.
Kaito's participation methods revealed! Zero-threshold InfoFi
Current participation methods include registering on Yap using referral links, inviting friends, publishing quality content, and interacting with savvy users. Kaito has also launched a Genesis NFT series and stated that the NFT proceeds will be distributed to 1,000 Yap users. The Mint price is 0.1 ETH, and the current floor price is 3.69 ETH. In short, holding NFTs and Yap points may be key.
For ordinary users, Yap can be used to filter information sources, while for KOLs deeply involved in the ecosystem, it provides more exposure opportunities. By producing quality content and capturing thought share, users can gain more attention within the ecosystem. If interested, you can use the author's link to try out Yap. Compared to the zero-cost TON chain, the author believes that Yap requires more cognitive abilities from users, and is more worth participating in, even without airdrops, as it can enhance one's understanding.
Risk Warning
Cryptocurrency investment is highly risky, and its price may fluctuate dramatically. You may lose your entire principal. Please carefully evaluate the risks.
