One of the novelties with respect to the airdrops has been the reward for interactions on social networks, such as X. I must say that if it wasn't for pure chance, I could not have claimed my share of the loot. I've gotten about 29 KAITO tokens, which at the time I sold them, I got about $36 dollars. Yes, I could have waited until it managed to rise in price a bit more, but experience in other opportunities told me that the thing to do was to sell so that I wouldn't regret it later. Right now, this token is at $2.19, down almost 11% in the 24 hours.
It seems that artificial intelligence is entering fully into social networks, primarily as a form of AI analysis and training. What Kaito does is to somehow measure interactions that have to do with cryptocurrencies, web3, and finance. The more careful the interactions are, the more likely it is to accumulate points. The truth is that I have not given it much importance because it was supposed to be accumulating the so-called “yaps”, which were obtained with real individual interactions and destined to the community. However, it was really absurd, because nobody knew for sure how to get them, not even those who promoted the project.
There was a moment when I gave up. I rather continued my normal activity regarding Hive. And apparently, those interactions were the ones that counted towards receiving rewards on that token that they would then release to claim on their site. The process was simple, although you had to have some gas to pay for the transaction (the claim). Supposedly the platform was going to keep some through the platform fee, so you had to require to have at least $4 in ETH on the Base network. As for the transaction gas itself, it's ridiculously cheap. What I have done was to use a bridge to exchange ETH over Arbitrum's network to Base's network. This transaction costs less than $0.01.
Lately we are seeing a very important growth regarding projects with this type of orientation towards social networks using AI. In these days I have learned about another project called Hubs, which unlike having to perform interactions globally, we must respond to some comments that the project account makes. What seems important to me is that from the very beginning it makes it clear what goals you are accomplishing, since the platform has a gamified structure in which you unlock very relevant features and power-ups. In fact, at level 4 is the qualification to the $HUB airdrop, which I already have covered because I am at level 5.
Another of the power-ups is to get a higher percentage in obtaining IQ points. Perhaps what I find wrong is that influencers often end up in the top positions without sweating foreheads. That is to say, there is a case of a user who has not made a single answer to the given questions, but kept 27 thousand points for referrals. There is a table of positions that we must climb, and for now, I am in position 3137, which to my mind is more than fine, but I could be in better positions.
I think the ideal would be to be well informed about the project, to avoid dealing with situations that can take us unexpectedly. That is to say, to go ahead to cover all the doubts in order not to be wasting time. Also, check that the project is serious and that it has all the necessary measures to be considered trustworthy. We should resort to auditing firms, verify that the account is verified with a gold badge, among other things.
Also, if we turn to trading indices, how could the token perform? In the case of KAITO the price has reached $2.88, but prices reached so quickly and with a very large momentum, will not take long to fall, not because of gravity, but because many will want to take profits, and that represents a selling pressure, until it finds a break-even point, which is the support of those who trust the project. Training AI may be fun, because we are contributing to the growth of the future, but what if we manage to make money along the way? Not bad, right?
- Main image edited in Canva (with AI).
- Translated into English with DeepL.
- Screenshots from my Kaito and HUB account.
- Chart screenshot taken from GeckoTerminal.
Posted Using INLEO