Kaito Launches Whitepaper, Plans To Tokenize Social Media Content with AI

Kaito just released its whitepaper, announcing a new KAITO token with an accompanying airdrop. Kaito intends to use AI tools to monetarily reward novel and insightful social media posts.

In other words, it’s set a monumental challenge for itself. The community is excited to see if Kaito is up for the challenge, but some users are already planning to game the system.

Kaito Will Launch a Token Soon

Kaito, an AI-focused Web3 information platform, has been generating a lot of buzz lately. Its data and analysis have been useful in identifying crypto trends. It highlighted, for example, that RWA and DeFi projects are taking momentum from meme coins. Today, it released its long-awaited whitepaper, unveiling a KAITO token, which will be airdropped soon.

“Entering into the new era of attention and InfoFi, KAITO will be your key to the distribution center of information, attention and capital. Attention is a core part of today’s economy. Our view is that AI-powered InfoFi is the endgame for information efficiency, and we couldn’t be more excited for this next chapter,” the firm claimed on social media.

Kaito’s whitepaper explains all the token dynamics in its new system. Essentially, it set an extremely ambitious goal: using artificial intelligence to quantify the value of social media posts and tokenize them. Kaito’s AI will assess user posts for output, engagement, insight, and more, and users will earn yaps. These yaps will determine future airdrops, but the full tokenomics aren’t out yet.

Kaito’s token airdrop has generated a lot of positive buzz, with some calling it “the most significant social token distribution we’ve ever seen in crypto.” The firm’s own data has suggested that AI protocols are losing influence, but its own airdrop may be an exception. The crypto community has long searched for a way to revolutionize social media, and Kaito has entered the game.

However, there are many challenges. Kaito isn’t the only tech company trying to increase content quality in the Era of AI; the world’s biggest tech companies also want to increase the quality of posted content. Kaito wants to use token rewards to incentivize thoughtful and well-connected discussions, but the whitepaper doesn’t clearly explain how it would accomplish this.

Meanwhile, social media is already crawling with users giving their best advice on optimizing KAITO token rewards. Some of these posts apparently have good intentions, but other large accounts have already been cynical:

“When KAITO launches, just know: if you never earned a yap, you’ll feel like your account was useless. So tweet, X, Yap, replyguy, do whatever it takes to earn yaps. Make tweets that make them reply to you. Make content that makes smart followers comment on it. Go to the leaderboard, follow top emerging yappers,” one user told his followers.

In other words, the plan to monetize good content may only encourage further bad actors. Kaito’s AI faces a very difficult challenge: how can it objectively assess novelty and insight and reward tokens based on that assessment? The protocol’s success will hinge on its ability to deliver here. Whatever might happen, however, the whole community is watching.