Yapper Launchpad FAQs
Introducing Yapper Launchpad
Kaito is introducing a new Yapper Leaderboard launching mechanism: Yapper Launchpad.
Since the launch of Yaps, we have received overwhelming support from the community, for which we are forever grateful. Given the physical capacity constraint, and with the hope of building a more accessible and more inclusive network - collectively with the yappers and all other stakeholders in the ecosystem - we are taking the first step towards a more fun, and more community-centric launching mechanism.
First, we want every yapper to be able to participate, regardless of whether you have earned any Yaps to date, and be directly involved in the launch process
As of February, we expanded to include onchain representations in the Kaito ecosystem — Genesis NFTs and KAITO (via staked KAITO, sKAITO)
In doing so, we also hope this new mechanism will help us more efficiently prioritize our development pipeline
We’ve designed the Launchpad mechanism such that it starts with Pre-TGE projects, where information asymmetry can be the biggest and market consensus is needed the most.
We will continue working with post-TGE projects who are interested in implementing a long-term, ongoing reward program for their respective community members, so stay tuned on more exciting launches outside the launchpad!
How does the launchpad work?
The Yapper Launchpad is a platform where the Kaito community decides which Yapper Leaderboard to launch next.
The launchpad operates on a continuous basis. Each week, three projects from the launchpad are selected for a Yapper Leaderboard launch. At the end of each voting period on Monday, Wednesday, Friday, the project with the highest total votes proceeds to have their Yapper Leaderboard launch 7 days later.
How does the Kaito community participate?
The Kaito community - Kaito Yappers and Kaito Holders - participate by voting with their Yaps, Smart Followers, Genesis NFTs, and KAITO (via sKAITO).
Kaito Yappers: Yappers vote using their Yaps and Smart Followers.
Kaito Holders: Holders vote using their Genesis NFTs and KAITO (via sKAITO).
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