"Crypto's New Gold Rush: YAP-to-Earn Takes Twitter by Storm"

Generated by AI AgentCoin World
Tuesday, Feb 11, 2025 2:23 pm ET1min read
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Yap-to-earn has taken over Twitter, with the AI platform Kaito's crypto devs and traders engaging in a tweet-to-earn competition called Yaps. The leaderboard, known as InfoFi, rewards users for posting about crypto, with points determined by the quality and engagement of their posts, as well as the number of influential followers they have.

Last week, Ethereum founder Vitalik Buterin held the top spot, but has since been overtaken by Binance CEO Changpeng "CZ" Zhao. Other crypto influencers, including those with CryptoPunks, Pudgy Penguins, and Milady PFPs, have also made it to the top of the leaderboard.

However, users have already started trying to game the system to maximize their YAP points. Strategies include getting "smart followers" to engage with crypto posts, posting at optimal times, and even exploiting loopholes like repeatedly posting the word "reply." Kaito's FAQ suggests that quality is more important than quantity when it comes to posting.

Kaito calls its Yaps leaderboard "InfoFi," but critics argue that it's more of a popularity contest than a meritocracy. While some popular crypto figures are also respected for their knowledge, others may not be. The ultimate goal of the yap-to-earn race is to accumulate points for a potential token airdrop, but for now, posting is free and the only cost is time.

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