Kaito will gradually phase out Yaps and its incentivized leaderboards, and launch Kaito Studio.

Kaito AI founder Yu Hu announced that Kaito will gradually phase out Yaps and its rewarded leaderboard, and launch a brand-new Kaito Studio platform. The past year's experience has shown that a completely permissionless reward distribution model is insufficient to address the issues of low-quality and spam content given changes in platform algorithms and the overall industry environment. After discussions with Platform X, both parties concluded that this model is not feasible and cannot meet the needs of high-quality brands, serious content creators, and the platform itself.