Kaito will gradually phase out YAPS and the Incentivized Leaderboard, and introduce Kaito Studio

BlockBeats News, January 16, Kaito founder Yu Hu posted on the X platform, stating, "Kaito will gradually remove YAPS and the incentive-based leaderboard, and launch Kaito Studio. Kaito Studio will be closer to a traditional multilevel marketing platform, where brands will selectively collaborate with creators based on established criteria and a clear project scope. The platform will cover multiple social channels such as X, YouTube, TikTok, and expand its business scope from cryptocurrency to finance, AI, and other fields. The KAITO token will continue to play a role in Kaito Studio, and more details will be announced in subsequent stages."

Previously reported, X revoked API access for the "InfoFi" app to reduce platform spam content.