The encrypted data analysis platform, Kaito AI, has announced a new Yaps points plan on social media platforms. All proceeds from the minting of Kaito Genesis NFT will be distributed to Yaps users.
In this scheme, the top 1000 Yappers in the Yaps points event leaderboard will share 150 ETH. The first to five hundredth ranked Yappers will each receive 0.2 ETH and those ranked from five hundred and first to one thousandth will each get 0.1 ETH.
Users need to bind their ETH wallet address on the Yaps page before 8:00 Singapore time on January 1st to participate. The official team will take a snapshot of the top 1000 Yappers at that same time and distribute the ETH rewards on January 2nd.
If there are fewer than 1000 users providing wallet addresses at snapshot time, remaining ETHs would be allocated according to the snapshot list until fully distributed. Additionally, members of Kaito's team are not included in this distribution.
According to OpenSea data, Kaito Genesis NFT is currently priced at floor price of 3.499 ETH.