Eli5 #8 | InfoFi
If you're in Web3, there's a high chance you've been participating or at least seen the widespread effect InfoFi has had.
Learn everything you need to know about tokenized data & influence in under 1 minute. 👇
1/ How it works:
InfoFi merges Web3 principles with the monetization of information.
Unlike Web2, where platforms control and profit from user data. InfoFi gives individuals ownership via tokenized data, NFTs, or smart contracts through blockchain data tracking.
Providing opportunities for users to gain rewards through content sharing, involvement in communities, or taking part in governance on platforms such as Loudio, Kaito, or Wallchain.
2/ Kaito:
@KaitoAI is a Web3 information platform that uses AI to aggregate and analyze cryptocurrency and blockchain data, providing actionable insights for traders, investors, and developers. Awarding points based on volume, engagement, and overall mindshare.
Connect your X account to Kaito’s platform, post insightful and original crypto-based content while LLM-driven algorithms evaluate posts, filter spam, and assign YAPS.
It’s designed to be hard to game, promoting genuine, high‑quality contributions.
3/ Loudio:
@stayloudio is a SocialFi experiment on the Solana blockchain, powered by Kaito AI, that rewards users with weekly SOL payouts for generating "mindshare" through social media engagement about the $LOUD token.
It aims to test whether attention alone can create value, distributing trading fee rewards to top contributors weekly based on mindshare rankings.
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