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AI-powered social intelligence platform Kaito unveiled its token, KAITO, as the native currency for its InfoFi protocol, with tokenomics details to come soon.
What's the scoop?
- Protocol Launch and Vision: Their token announcement comes amidst their ongoing Yaps program, where advanced algorithms interpret social graphs and discussions on Twitter, awarding points to users who provide meaningful insights — most likely in exchange for tokens once KAITO launches.
- Long-Tail Problem: InfoFi — where market forces uncover and price hard-to-measure facts — has long struggled with niche topics, like crypto. By creating an onchain reference for attention, Kaito hopes to solve this by transforming fragmented signals into quantifiable metrics.
- KAITO’s Utility: Kaito announced KAITO as the network’s medium of exchange, a driver of market forces, and a governance tool, enabling holders to propose and vote on key protocol updates.
Bankless Take:
With Crypto Twitter still, and most likely always, remaining the predominant venue for information in crypto, Kaito’s mission to standardize and identify quality signals amidst the stream of noise stands to be a useful tool for all. Further, it sets the stage for more efficient collaboration between creators, brands, and communities, introducing interesting new distribution methods, as we’ve seen with airdrops like Berachain and Story recently. Whether this becomes a de facto blueprint for measuring social influence or a stepping stone to broader industry innovation, it effectively demonstrates there are many ways to play the attention game we all currently reside in.
