What is Yaps? An in-depth understanding of Kaito Yaps loyalty program, igniting FriendTech community’s confidence in the new social battleground.
What is “Yaps” that has once again ignited the enthusiasm of the cryptocurrency market? How does the Kaito Yaps Points Program work? And what is the business of the development company, Kaiko?
What is “Yaps”?
In the process of participating in cryptocurrency discussions, people can earn points through Kaito’s Yaps Points Program. “Yaps” claims to focus on genuine and high-quality participation in discussions, and uses advanced AI technology to measure the value and influence of content. This article will analyze how to earn Yaps points, common questions, and details of the scoring mechanism.
Yaps, besides being a potentially useful tool, is what has driven the community crazy – the expectation of monetizing attention through points.
“Yaps”: Yapping, Chattering Away
Named “Yaps” after the slang term “yapping,” which refers to the act of speaking at length to an uninterested audience, causing discomfort, annoyance, or dissatisfaction. This may also reflect the behavior of cryptocurrency Key Opinion Leaders (KOLs) on Twitter, where they engage in endless chatter, talking nonsense, expressing superficial opinions, and repeating biased viewpoints. Although “Yaps” claims to primarily focus on finding high-quality content, perhaps its name indicates that “community attention” may be more important.
Understanding the Kaito Yaps Points Program and How it Works
How to Earn Yaps Points?
Yaps claims that the core of earning points lies in genuine and valuable participation. Here are the main criteria for scoring:
Relevance to cryptocurrency: content related to blockchain and cryptocurrency.
Authentic and weighted interaction: evaluated based on the participant’s reputation weight.
In-depth and original discussion: prioritizing content quality over quantity.
It should be noted that Yaps points do not depend on content quantity or level of interaction, so they cannot be obtained through simple repetitive behavior.
Yaps uses Proof of Work, Proof of Exchange, and Proof of Insight to describe the type of content the platform aims for.
Only individual accounts can participate in Yaps, company accounts are not allowed.
Yaps is designed exclusively for individual accounts, and company accounts will be blocked by the algorithm.
Yaps Scoring Criteria and Fairness
1. Is it necessary to mention specific projects?
No, it is not. Any discussion related to cryptocurrency is eligible for Yaps points, and there is no bias towards specific topics.
2. Does non-English content have the same weight?
Yes, it does. Kaito uses Large Language Models (LLMs) that can understand regional languages and ensure the same weight for non-English content. Additionally, the platform is developing regional language models that are more adapted to cultural nuances in different regions.
3. Is it necessary to stay connected to “Kaito AI” continuously?
No, it is not. After initially verifying the X account (Twitter), users can start accumulating Yaps points without the need to stay connected or frequently re-verify.
Frequently Asked Questions about Yaps
1. Why am I not receiving Yaps points?
– Content does not meet the threshold of reputation-weighted influence.
– Content is not evaluated by the LLM as sufficiently in-depth or original.
– Repetitive use of meaningless keywords will not count towards points.
2. Is it necessary to mention Kaito to earn points?
No, it is not. All content that meets the criteria will be counted, and there is no need to specifically mention Kaito.
3. Does Kaito have a spam content filtering feature?
Yes, it does. Kaito uses LLM to filter out low-quality content and spam information, ensuring fairness in scoring.
Yaps Invitation Links and Referral Points
1. Why are referral points not displaying?
Referral points will only be counted after the invitee starts earning Yaps points, and the update frequency is once per hour.
2. How to find invitation links and social cards?
After logging in, go to the personal profile page and click on the “My Social Card” in the top right corner to generate invitation links and social cards, or directly share them on Twitter.
Explanation of Yaps Proprietary Terms
1. What are Total Yapss?
Total Yapss refers to the total points earned, including earned points and referral points.
2. What are Smart Followers?
Smart Followers are accounts within the cryptocurrency community with the highest internal correlation. These accounts are dynamically maintained by the algorithm.
3. What is Mindshare?
Mindshare is an indicator that measures the prominence of a specific project/person in the overall cryptocurrency market.
Yaps Interface Feature: Ranking of KOL Account Influence
Yaps uses Mindshare to rank different Twitter accounts, recording the Mindshare share of each account among all participants. Currently, aixbt is leading the ranking. It also records the ranking of Top Gainers/Top Losers based on Mindshare changes.
CT Yapsper Social Graph
This is an interactive section that allows users to view connections in the social network of CT Yapsper.
Top 100 CT Yapsper
Yaps also displays relevant data for the top 100 CT Yapspers. The image shows the Mindshare share, Casual vs Hardcore (content softness vs hardness), Shitposter vs Curator (random posts vs curated content), and Copy Paste vs Creative (copy-pasting vs original content).
Smart Followers:
Kaiko states that this feature allows people to quickly discover communities of smart followers, which is very helpful for discovering investment opportunities and conducting research.
Yaps Interface Feature: Application of Patterns to Public Chains, Startups, and VC Themes
Similar to the statistical patterns mentioned above, Yaps’ rankings can also be applied to popular AI agent accounts, different public chain ecosystems, newly established accounts without a launched token, and analysis of venture capital accounts.
Kaito Yaps Points Program Advantages and Limitations
Advantages of Kaito Yaps Products
Incentive mechanism for high-quality participation: Kaito’s Yaps points system focuses on the “quality” rather than “quantity” of content, avoiding many of the drawbacks of traditional points systems and preventing users from “boosting points” through repetitive or low-value content. This design promotes valuable discussions and is a positive drive for the entire cryptocurrency ecosystem.
Cross-language capability: Kaito not only supports English but also accommodates multiple regional languages and plans to deploy language models to address cultural differences in content, making it more internationally appealing.
Integration of AI for content evaluation: Content filtering and evaluation are conducted through LLM, effectively filtering out low-value or spam content and ensuring a high level of user experience. Additionally, it features innovative indicators like “Smart Followers” and “Mindshare.”
Simplified user process: The verification system is designed reasonably, and users only need to verify their Twitter account once to continue accumulating points, reducing the complexity of operations, which is important for increasing user engagement.
Referral system: Kaito’s referral points mechanism is transparent, allowing users to track the calculation method and update frequency of referral points, which enhances user trust to a certain extent.
Product Limitations
Fuzziness of scoring criteria: Although Kaito emphasizes the quality and reputation-weighted influence of content, the specific scoring logic may not be transparent to users. For example, users may find it difficult to understand why certain tweets are not counted towards points, which may lead to confusion and frustration.
Less friendly to new users: New users may have difficulty quickly earning points due to a lack of initial reputation, which may make newcomers feel unfair to some extent and decrease their participation enthusiasm.
Potential neglect of non-mainstream content: Although Kaito claims not to favor specific topics, mainstream cryptocurrency topics may still have greater influence. Users discussing niche or emerging projects may have difficulty obtaining points commensurate with their contribution.
Challenges in market education: The Yaps system is a new mechanism based on quality and reputation-weighted influence, but the market may not be familiar enough with this innovation. Kaito may need to invest more effort in market education to help users understand and adapt to this new points model.
Kaito Provides Information Search and Insights for the Web3 Era
Kaito claims to be a next-generation information platform focused on Web3, capable of indexing diverse sources of content that traditional search engines cannot reach. These sources include social media, governance forums, research reports, news articles, podcasts, conference records, and other types of data.
AI Integration is the Focus
Kaito claims to extract actionable insights from massive unstructured data using advanced AI technology as its core, converting it into user-friendly search results. This not only enhances the availability of information but also significantly optimizes the user decision-making process.
Kaito states that its team consists of top experts in hedge funds, machine learning, and blockchain, and its product includes the Portal (Web3 comprehensive information integration and analysis platform), API, quotation systems, and the aforementioned Yaps.
Risk Warning
Cryptocurrency investment is highly risky, and prices may fluctuate significantly, resulting in a potential loss of all invested capital. Please evaluate the risks carefully.
