Overview
To answer the questions about Kaito, an AI-powered research platform for digital assets:
Kaito is a platform that leverages AI to help users navigate the complex and information-dense world of crypto investing. It is designed to search and track various topics and narratives across numerous Web3 sources, transforming terabytes of unstructured data into actionable insights. This is important because it addresses the challenges of information overload and accessibility, providing a tailored and relevant experience for users in the crypto industry. It uses advanced AI technologies, including integration with ChatGPT, to optimize search and personalization, and has applications in areas such as data labeling, privacy-protected ML training, content distribution, fact-checking, and trading optimization.
The search results did not provide specific information about the blockchain(s) the Kaito token is on, or if it has its own blockchain. The perplexity tool also did not yield details about the blockchain infrastructure for Kaito. This information needs further research.
Kaito falls under the narrative or category of AI-powered tools and platforms in the cryptocurrency and digital asset space. It specifically caters to the crypto industry, focusing on search and recommendation functionalities to aid in investment research and decision-making processes.
Use Case
The project’s use case for Kaito revolves around its role as an AI-powered search engine designed specifically for the cryptocurrency and blockchain space. Its main functionalities include aggregating off-chain and on-chain data from various sources, providing real-time alerts based on user-defined criteria, democratizing information access by making it more accessible, and offering tailored products for both retail and institutional investors. Kaito’s future plans also involve building a token-based community to enhance platform contributions.
Kaito needs to exist because there is a significant demand for specialized tools that can navigate the vast and complex information landscape of the crypto industry. Traditional search engines and language models may not be well-equipped to handle the unique data sources and real-time nature of the cryptocurrency sector. Kaito addresses this gap by providing a search engine that integrates real-time data from both off-chain and on-chain sources, catering specifically to the needs of the crypto community. The successful funding round and high valuation of Kaito further underscore the market’s recognition of the need for such a specialized AI-powered search engine in the crypto space.
Adoption
The Kaito crypto project has indeed gained some traction. It has raised $5.5 million in a Series A funding round at an $87.5 million valuation. The platform launched in Beta on 06/20/2023 to 35,000 waitlisted users. Kaito’s mission is to tackle the issue of information overload in the crypto space by making it more accessible to users. The retail version will be free, while the institutional version will be subscription-based.
Regarding an ecosystem, Kaito is primarily a search engine that aggregates off-chain information and plans to incorporate on-chain content. There is no direct mention of a broader ecosystem built on or around it. Kaito uses Risingwave as its streaming data warehouse to power its AI-based search products and user-facing analytical dashboards.
As for partnerships, Kaito Consulting Services Ltd., which shares the name but is a separate entity, has several partnerships, including technology and channel partners, with Infor as its largest partner. However, this information does not pertain to the Kaito crypto project. The Kaito crypto project’s partnerships need further research for more specific details.
Kaito does have users, with 35,000 waitlisted users for its Beta launch. This indicates an initial user base that is engaged with the platform.
Lastly, there is no clear information regarding Kaito having TVL or capital deposited into their protocol. TVL is a metric typically associated with DeFi protocols, and since Kaito is a search engine, it may not have a TVL in the traditional sense used within DeFi platforms. Further research on their official channels may be required to determine if they have any form of capital management or deposit system.
Team and Investors
The Kaito crypto project team has a diverse background with expertise in hedge funds, machine learning, and blockchain technology. They are described as web3 researchers, builders, and investors, which equips them with a deep understanding of the challenges in web3 search. The team members’ own experiences in the web3 space inform their approach to addressing these challenges.
Founded in March 2022 in Seattle, USA, Kaito has since become a global operation with over 20 team members located across the US and Asia. The team’s technical prowess is evident in their commitment to leveraging sophisticated data science, advanced machine learning, and their extensive knowledge in managing large, complex distributed data systems.
Although specific educational backgrounds or the presence of inventors or individuals with PhDs on the team are not detailed in the available information, the global expansion and the nature of the project suggest a high level of expertise and talent within the team.
The mission of Kaito is to change the way information is accessed in Web3 by indexing a wide array of premium Web3 sources and turning vast amounts of unstructured information into a structured and searchable format. This mission is driven by technology and the team’s deep expertise in data curation and machine learning, aiming to combine both off-chain and on-chain data to create a comprehensive information platform for users.
The team’s talent is further implied by their ability to attract significant investment from reputable firms and the successful launch of their platform, which indicates a high level of confidence in their capabilities and vision.
Launch
Based on the search results and the perplexity tool’s responses, here is the information regarding Kaito’s launch and potential token:
Expected Launch Date: Kaito launched in Beta mode on 06/20/2023 to 35,000 waitlisted users.
What Will Happen at Launch: At launch, Kaito offers a search engine that differentiates between “facts and opinions” and provides an AI-optimized search experience. It integrates with ChatGPT/GPT-3 for enhanced user interaction and aims to provide a comprehensive platform for accessing blockchain and cryptocurrency information. The retail product will be free, and there will be a subscription-based institutional product.
Public Details About Project Launching a Token: The search results indicated that there was a token sale with the token exchange rate listed as “1 KTO = 1 USDT,” and the end date for the token sale was mentioned as 06/30/2024. However, this information appears to be inconsistent with the perplexity tool’s response, which did not confirm the existence of a token launch for Kaito.
Token Launch Date: Based on the search results, there seems to be a token with the symbol KTO, but the perplexity tool did not confirm the launch of a token by Kaito. Therefore, it is unclear if the token mentioned in the search results is associated with the Kaito AI-powered research platform for digital assets.
Use Case of the Token: There is no definitive information regarding the use case of a Kaito token in the search results or from the perplexity tool.
Tokenomics at Launch: There are no details provided about the tokenomics of a Kaito token in the search results or from the perplexity tool.
Given the discrepancies in the information obtained, it is essential to verify the details of any token sale or launch directly from Kaito’s official communications to ensure accuracy. Further research is needed to confirm the existence of a Kaito token and its associated details.
Summary
Kaito is an innovative AI-powered research platform that aims to simplify the complex world of crypto investing by providing actionable insights from vast amounts of unstructured Web3 data. With a successful Series A funding round and a significant valuation, Kaito has demonstrated market demand for specialized tools in the crypto space. The platform’s Beta launch to a substantial waitlist of users indicates a strong initial interest. The Kaito team, with its diverse expertise and global presence, is committed to changing the way information is accessed in Web3. While there is some ambiguity regarding the details of a potential Kaito token, the platform’s core functionality as a search engine is clear, and it represents a significant step forward in the accessibility of crypto-related information.
