The Kaito ecosystem officially enters the InfoFi era with the launch of the $KAITO token claim. This initiative marks a significant step in realizing Kaito’s long-term vision, a vision built upon the unwavering commitment and sustained support of its community.
Notably, this initial community claim prioritizes Genesis holders and early adopters, who received a boosted allocation in recognition of their steadfast belief in Kaito.
Furthermore, Kaito introduced the HODLer badge, a testament to dedication and alignment with its long-term goals. The badge is awarded to community members who stake over 75% of their claimed $KAITO for yield.
Additionally, Kaito addressed the $KAITO token claim discrepancies on its official X page, stating:
“Minor discrepancies may have been observed earlier, primarily affecting the allocation displayed for Genesis NFT holders. These discrepancies have been addressed, and accurate allocations should now be reflected for all participants. Users who have already successfully claimed their tokens need take no further action.”
What is Kaito?
Kaito is a new cryptocurrency information platform using artificial intelligence. It gathers information from many different sources and makes it easy to understand. Supported by major investors like Dragonfly and the Spartan Group, Kaito helps solve the problem of scattered cryptocurrency information.
Using advanced AI, Kaito makes it easier for people to research, track, and understand cryptocurrency markets. Founded in 2022 by Yu Hu, Kaito has raised $10.8 million in funding.
Kaito helps people understand cryptocurrency by summarizing information from many sources, such as podcasts and Twitter. It uses AI to give quick, useful summaries, saving users time spent searching across different websites.
However, Kaito claims to filter out junk, providing only important news and trends. This is useful for both individuals and large companies. Kaito’s focus on up-to-the-minute information is popular with cryptocurrency users.
Kaito Introduces Crypto’s Search Engine
Kaito.ai introduces a new AI-powered search engine specifically meant to access information in the cryptocurrency sector. It will index Web3 content from sources such as social media, governance forums, research, conference transcripts, podcasts, and more.
Kaito simplifies crypto information for everyone, offering individual and institutional access to its AI-powered platform. It lets users explore blockchain data easily, much like using ChatGPT.
Kaito’s official websites highlight that users gain instant insights aggregated from over 10,000 Web3 sources for any ticker, topic, or trend. This accelerates decision-making by eliminating manual research.
Additionally, you can categorize results messages to focus on the team or core team. The search engine also transcribed thousands of hours of audio, making it searchable alongside over 50,000 research papers, blog posts, white papers, and tech documents.
$KAITO Price Action Today
When writing, KAITO ($KAITO) was trading at $0.97. This is down 19.1% from its high today. Furthermore, the price is significantly lower than its all-time high of $1.40, which was a 30.6% drop earlier today. However, according to CoinGecko data, it’s also up 7.29% from its low of $0.906 just two hours ago.
Over the past week, KAITO’s price has remained unchanged (0%), underperforming the overall cryptocurrency market’s 1.1% gain. It did, however, outperform similar AI cryptocurrencies, which fell by 0.4%. KAITO currently has a market cap of $235 million, based on 240 million KAITO tokens currently in circulation.