Kaito Reboots 'Talk-to-Earn Economy', but Many Are Hesitant to Install the New Plugin

Odaily星球日报Published on 2026-08-21Last updated on 2026-08-21

Abstract

Kaito AI has launched a new browser extension called Kaito Pulse, aiming to revitalize what the community terms the "talk-to-earn" or "social-fi" economy on X (formerly Twitter). The plugin displays users' on-chain trading activity, such as positions from platforms like Polymarket, directly within the X timeline. This aims to create a new "attention + behavior verification" system, shifting focus from who generates the most discussion to whose discussions are backed by credible, verifiable actions. However, the launch quickly sparked significant privacy concerns within the crypto community. Critics, led by an analysis from user "Ultra," allege the extension's code enables deep data collection. This includes potential device fingerprinting (using GPU, hardware, and audio data), tracking of X user behavior (browsing paths, clicks, engagement), and verification processes that could access sensitive data from third-party accounts like ChatGPT, Claude, and trading platforms. The debate centers on whether such extensive verification is necessary to combat fake engagement and AI-generated content, or if it constitutes an unacceptable privacy sacrifice. In response, Kaito founder Yu Hu stated the design follows data minimization principles. He claimed Kaito Pulse does not collect or store users' raw data but instead uses verification techniques, including zkTLS, to generate proofs of identity or behavior without exposing the underlying information. Yu Hu acknowledged that some perm...

Original | Odaily Planet Daily (@OdailyChina)

Author | Asher (@Asher_ 0210)

Your X feed might once again be flooded with 'Talk-to-Earn' projects.

On August 18, Kaito AI announced the launch of its browser plugin Kaito Pulse, further binding users' discussion behavior on X, on-chain activities, and social influence. Simultaneously, Kaito revealed its first post-relaunch partnership with Axis Robotics, reigniting the incentive model centered around content creators and community contributors.

Unlike the simple content incentives previously centered around Yaps, Kaito's aim this time is not merely 'rewarding posts' but establishing a new scoring system based on 'attention + behavior verification.'

What is Kaito Pulse?

Kaito Pulse is a browser plugin launched by Kaito, designed to overlay more 'on-chain identity' information onto the X timeline. This allows users to not only see the opinions expressed by an X account but also understand the real market actions behind it.

After installing the plugin, users can directly view other users' on-chain activity information within the X timeline, including public trading positions from platforms like Polymarket and Hyperliquid, to better assess whether an account's views align with its actual actions.

By combining social influence with on-chain behavior, Kaito hopes to transform X from a simple information dissemination platform into a social layer that integrates 'opinions, identity, and trading behavior.'

This also represents an upgrade from Yaps to Pulse for Kaito.

Previously, Kaito primarily tracked discussion heat around crypto on X, building content influence leaderboards and incentivizing user participation with KAITO tokens. However, as numerous accounts began mass-producing content, the limitations of measuring influence solely based on discussion volume became increasingly apparent. Therefore, Pulse further incorporates dimensions like content influence, community interaction, and on-chain behavior verification, while introducing a new scoring system called Aura to measure user influence and verified on-chain actions.

Previously, Kaito focused on who generated the most discussion; now, Kaito is more concerned with whose discussion is worth trusting.

Plugin's Excessive Permissions Spark 'Data Collection' Controversy Upon Launch

The launch of Kaito Pulse sparked heated community discussions, with many believing that as market conditions warm up, a new wave of 'Talk-to-Earn economy' is imminent. However, Kaito Pulse also quickly ignited debates within the community regarding privacy and permission overreach.

Kaito Pulse Plugin Accused of Multiple Deep Data Collection Behaviors

Ultra posted on X, stating that an analysis of the Pulse plugin code revealed potential involvement in multiple data collection activities, including device fingerprinting, X platform behavior tracking, and third-party account verification.

Among these, device identification is the most concerning issue. Ultra claimed that Kaito Pulse might generate a device fingerprint using information like GPU rendering results, hardware model, and hardware test audio, and link this information to X accounts, affecting anonymity in scenarios involving multi-account users and community matrix accounts.

Besides device information, Ultra also questioned the scope of Kaito Pulse's collection of user X behavior data. The plugin might record certain user behaviors on the X platform, including browsing paths, content dwell time, click behavior, and follow status, and use periodic requests to determine user activity status.

Additionally, third-party account verification is another point of contention. Ultra pointed out that Pulse involves verification processes for ChatGPT, Claude, and multiple trading platform accounts, suggesting these processes might access sensitive user data like subscription status, usage quotas, and trading account information.

Community Divide: Verifying Authenticity or Sacrificing Privacy?

During the Yaps era, Kaito primarily measured influence based on discussion heat on X. However, as mass content production by numerous accounts became more common, the community gradually raised a question: Does high heat equal real influence?

By adding more dimensions like on-chain behavior and external account verification, Kaito Pulse aims to reduce the room for users to gain rankings solely through posting and interaction, making the influence score closer to users' real contributions.

But more verification mechanisms also mean users need to grant more data permissions. Consequently, the community has formed two different views on Kaito Pulse:

  • Supporters argue that a major issue in InfoFi is artificial inflation and false influence, and only by adding identity and behavior verification can a more credible incentive system be built;
  • Skeptics believe platforms should not infinitely expand data collection scope just to improve scoring accuracy, and a new balance must be found between user privacy and incentive rewards.

Official Response to Privacy Controversy: Kaito Pulse Does Not Collect User Raw Data

In response to community skepticism, Kaito founder Yu Hu subsequently addressed the concerns.

Yu Hu stated that Kaito Pulse is designed with the principle of data minimization. The product's goal is not to collect user data but to prove certain identities or behaviors through verification mechanisms under active user authorization.

Regarding concerns about account information, Kaito Pulse does not obtain complete account contents from users nor does it save user raw data. The related processes are mainly used to generate verification results; the platform receives proof information, not the underlying user data.

Addressing the controversy over external account verification, Kaito Pulse uses verification technologies including zkTLS, aiming to allow users to prove they possess certain off-chain identities or behavioral records without exposing raw data.

Simultaneously, Yu Hu acknowledged that the presentation scope of certain permissions might be prone to misunderstanding, and future versions will further optimize permission descriptions and user prompts.

The Next Step for 'Talk-to-Earn Economy': Verifying Influence or Surrendering Privacy?

The debate sparked by Kaito Pulse essentially touches on the unavoidable data dilemma within the InfoFi sector.

In the past, platforms judged an account's value mainly based on follower count, interaction data, and content popularity. However, with the increasing prevalence of AI-generated content, batch accounts, and matrix operations, simple 'discussion volume' has become an increasingly unreliable proxy for genuine influence.

Therefore, Kaito attempts to introduce more verification dimensions, and controversy has followed suit—as platforms seek to further prove 'who you are' and 'whether your views are credible,' the information users need to provide also increases.

For users, installing the plugin to participate in the next wave of the 'Talk-to-Earn economy' also means they need to reconsider: for rankings, points, and potential rewards, how much data are they truly willing to open? Platforms need more data to distinguish real influence from artificial hype; but users also need assurance that this data is genuinely used only for verification and does not become a new digital profile.

Kaito Pulse aims to verify user influence, but as it gains access to more device, behavioral, and account data, Kaito itself has become the subject of scrutiny.

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Related Questions

QWhat is Kaito Pulse, and what is its main purpose?

AKaito Pulse is a browser plugin launched by Kaito AI. Its main purpose is to integrate on-chain identity information into the X (formerly Twitter) timeline. It allows users to view others' on-chain activities, such as public trading positions from platforms like Polymarket and Hyperliquid, to assess if a user's opinions align with their actual market behavior. It aims to evolve X from a simple information platform into a social layer combining 'opinions, identity, and trading behavior'.

QWhat are the main privacy concerns raised by the community regarding the Kaito Pulse plugin?

AThe main privacy concerns raised by the community include: 1. Device fingerprinting: The plugin may collect information like GPU rendering results and hardware models to create a device fingerprint, potentially compromising anonymity for users with multiple accounts. 2. X platform behavior tracking: It may record user actions on X, such as browsing paths, content dwell time, and click behavior. 3. Third-party account verification: The verification process for accounts like ChatGPT, Claude, and trading platforms might access sensitive data such as subscription status and transaction information.

QHow did Kaito's founder, Yu Hu, respond to the privacy controversy surrounding Kaito Pulse?

AYu Hu responded by stating that Kaito Pulse is designed with a principle of data minimization. He clarified that the product's goal is not to collect user data but to generate verification proofs based on user authorization. He emphasized that the plugin does not access or store users' raw data; instead, it only obtains proof of certain identities or actions. He also acknowledged that some permission descriptions might be misleading and promised to optimize user prompts in future versions.

QAccording to the article, how has Kaito's approach to measuring user influence evolved from Yaps to Pulse?

AKaito's approach has evolved from primarily tracking discussion volume and popularity on X (during the Yaps era) to incorporating multiple verification dimensions with Pulse. Previously, Kaito focused on 'who generated the most discussion.' Now, with Pulse and its new Aura scoring system, it aims to assess 'whose discussion is worth believing' by adding factors like content influence, community interaction, and verified on-chain behavior to create a more trustworthy measure of real influence.

QWhat fundamental dilemma does the Kaito Pulse plugin highlight for the InfoFi (Information Finance) sector?

AThe Kaito Pulse plugin highlights the fundamental data dilemma in the InfoFi sector: platforms need more user data (like on-chain activity and verified identities) to distinguish genuine influence from artificial hype or bot-generated content. However, to provide this data, users must surrender more privacy. The core challenge is finding a balance where platforms can verify credibility without excessively expanding data collection, ensuring user data is used solely for verification and not for creating detailed digital profiles without consent.

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Kaito Revives 'Talk-to-Earn' Economy, But Many Are Hesitant to Install the New Plugin

Kaito AI has launched a new browser extension called Kaito Pulse, aiming to integrate users' discussions on X (formerly Twitter) with their on-chain activities and social influence to build a new "attention + behavior verification" scoring system. The plugin displays users' public trading positions from platforms like Polymarket directly on the X timeline, allowing others to assess if their statements align with their actual market behavior. This move is seen as reviving "influence-to-earn" incentives. However, the launch sparked significant privacy concerns. Critics, including an analysis by "Ultra," allege the extension collects extensive data, such as device fingerprints (via GPU, hardware info), X user behavior (browsing paths, clicks), and may access sensitive data from third-party accounts (e.g., ChatGPT, trading platforms). This raised debates about trading privacy for verified influence. In response, Kaito founder Yu Hu stated the design follows data minimization principles, aiming to generate verification proofs without collecting or storing raw user data, using technologies like zkTLS. He acknowledged some permission descriptions could be misleading and promised improvements. The controversy highlights a core dilemma for social finance (SocialFi) platforms: as fake engagement and AI content grow, more user data is needed to verify genuine influence, but this risks encroaching on user privacy and trust.

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4.7k Total ViewsPublished 2025.12.05Updated 2025.12.05

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What is SHOPON

Shopify Tokenized Stock (Ondo): A Comprehensive Analysis of Real-World Asset Tokenization in Web3 This article delves into the Shopify Tokenized Stock (Ondo), recognised by its ticker symbol $SHOPON, exploring its implications at the intersection of traditional finance and blockchain technology. As a part of Ondo Finance's tokenized securities platform, Shopify’s tokenized stock exemplifies advancements in democratizing access to global capital markets through innovative digital assets. Introduction and Overview of Shopify Tokenized Stock (Ondo) Shopify Tokenized Stock (Ondo), or $SHOPON, portrays a pivotal innovation in the realm of tokenized securities, allowing investors to gain economic exposure akin to directly owning shares of Shopify Inc. This token, developed under the umbrella of Ondo Finance, not only provides investors with the ability to hold digital representations of the company’s stock but also integrates features such as automatic reinvestment of dividends. This advancement represents a substantial shift in the landscape of decentralized finance (DeFi), linking conventional equity markets with blockchain solutions designed to enhance accessibility, transparency, and liquidity. By eliminating geographical barriers and enabling 24/7 trading capabilities, $SHOPON is positioned as a bridge connecting traditional financial instruments and the emerging Web3 ecosystem. What is Shopify Tokenized Stock (Ondo), $SHOPON? The $SHOPON token serves as a digital manifestation of Shopify Inc.'s shares, engineered to provide a direct correlation to the underlying asset's performance. Through the utilization of blockchain technology, the token gives holders a mechanism to participate in the economic benefits associated with equity ownership, including capital appreciation and dividend distribution. The unique aspect of $SHOPON lies in its automatic dividend reinvestment mechanism, which allows returns to compound without necessitating active management by the investor. This feature inherently enhances its attractiveness as an investment vehicle, particularly for individuals seeking passive income growth alongside exposure to high-performing equities. The tokenization process is facilitated by the custody of actual Shopify shares through regulated intermediaries, ensuring that every $SHOPON token is verifiably backed by real equity. This structure empowers investors with the dual advantages of both traditional financial characteristics and the innovative benefits tied to blockchain technology. Who is the Creator of Shopify Tokenized Stock (Ondo)? The creator of Shopify Tokenized Stock (Ondo), Nathan Allman, is an experienced figure in the finance sector, formerly associated with Goldman Sachs. His rich background includes significant expertise in digital asset development, bridging the gap between traditional finance and cryptocurrencies. Allman’s educational journey, marked by studies at Brown University, provided him with a deep understanding of economics and biology, equipping him with analytical skills that inform his strategic vision. In 2021, he founded Ondo Finance, committing to developing tokenized securities that meet institutional-grade standards while leveraging blockchain's transformative capabilities. Under Allman's leadership, Ondo Finance has focused on creating compliant and innovative financial products that empower a diverse investor base. Who are the Investors of Shopify Tokenized Stock (Ondo)? The investment landscape surrounding Shopify Tokenized Stock (Ondo) is notably robust, underpinned by significant institutional support. Primarily, Pantera Capital stands out as a strategic partner through the Ondo Catalyst initiative, a $250 million commitment aimed at accelerating the development of on-chain capital markets. This partnership not only signifies institutional confidence in the potential of tokenized assets but also reinforces Ondo Finance's operational capabilities and market positioning. The funding pathways have included earlier rounds that amassed millions in seed funding and further structural investments, solidifying relationships with both venture capital firms and private investors. Moreover, the financial framework is complemented by strategic partnerships with established financial institutions and technology companies, enhancing Ondo’s infrastructure and operational expertise. How Does Shopify Tokenized Stock (Ondo), $SHOPON Work? At the core of $SHOPON's operational framework is a sophisticated system integrating traditional finance mechanisms with blockchain technology. The custody of actual Shopify shares ensures that token holders retain authentic economic exposure, safeguarding their investments in line with recognized legal structures. The smart contracts employed in managing $SHOPON handle various functions, including automatic dividend reinvestment and ownership transfer, offering instant settlement and increased liquidity, marking a significant departure from conventional trading systems plagued by multi-day settlement delays. By providing interoperability with other decentralized finance applications, $SHOPON empowers holders with potentially lucrative opportunities for advanced investment strategies, including lending and automated market making. This complex integration presents a unique value proposition, catering to both traditional and crypto-native investors. The innovative structure of $SHOPON also allows for real-time settlements and transactions documented on the blockchain, delivering unparalleled transparency and security—a major advancement over standard equity trading practices. Timeline of Shopify Tokenized Stock (Ondo) March 2021: Nathan Allman establishes Ondo Finance, initially focusing on decentralized finance yield optimization. August 2021: Completion of a $4 million seed funding round led by Pantera Capital. January 2023: Launch of initial tokenized treasury security products, laying the groundwork for future equity tokenization. July 2025: Announcement of the Ondo Catalyst initiative, a strategic investment program valued at $250 million, aimed at propelling the development of tokenization in capital markets. September 3, 2025: Launch of Ondo Global Markets featuring over 100 tokenized U.S. stocks and ETFs, including $SHOPON. Technical Implementation and Blockchain Infrastructure Shopify Tokenized Stock (Ondo) operates on a technical architectural framework that marries blockchain protocols with traditional financial custody arrangements. The ecosystem leverages Ethereum's smart contract capabilities, providing seamless transaction management while ensuring compliance with regulatory standards through established financial custodians. Central to this architecture are security measures and transparent transaction records that affirm the legitimacy of each tokenholder's economic stake. With automated features managed by intricate smart contracts, $SHOPON not only streamlines ownership transfers but also allows for the tactical reinvestment of dividends—a hallmark of modern investment strategies. Moreover, the incorporation of LayerZero technology facilitates cross-chain interoperability, making $SHOPON accessible across multiple blockchain environments while preserving its functional robustness. This forward-thinking technical design positions $SHOPON as an adaptable asset within the larger DeFi milieu. Regulatory Framework and Compliance Architecture $SHOPON's regulatory framework is built upon the meticulous navigation of existing financial regulations that govern securities. The custody arrangements for the underlying Shopify shares are managed by U.S.-regulated broker-dealers, ensuring compliance and protection for investors. By maintaining a separation between the blockchain tokenization process and traditional custody, $SHOPON adheres to legal requirements while offering innovative functionalities that challenge conventional constraints. This dual-layered compliance approach enhances investor confidence and underscores Ondo Finance's commitment to regulatory integrity. Notably, the availability of $SHOPON is tailored to international investors from regions such as Asia-Pacific, Europe, and Africa, as regulatory parameters in the U.S. and U.K. present challenges in accessing tokenized securities. Market Access and Global Distribution Strategy The distribution strategy of $SHOPON is keenly designed to optimize global access while conforming to regulatory standards. The platform aims to establish comprehensive coverage for eligible investors across multiple regions, effectively dismantling traditional barriers through the implementation of blockchain technology. Integration with various cryptocurrency wallets and exchanges also promotes user-friendliness and accessibility, establishing a streamlined experience for investors to manage their holdings. Moreover, the 24/7 trading capabilities afforded by the tokenized model allow participants to react promptly to market shifts, fundamentally transforming how global equities are accessed and traded. Technology Integration and Cross-Chain Functionality The remarkable technological underpinnings of $SHOPON propagate its multi-chain functionality, set to expand its reach beyond Ethereum to networks such as Solana and BNB Chain. Such cross-chain capabilities allow users flexibility when navigating between blockchains, concurrently leveraging distinct network attributes to optimize their trading experience. LayerZero serves as the backbone for ensuring decentralized transfers between networks while providing the requisite security and speed, quintessential for maintaining investor trust. This comprehensive interoperability illustrates $SHOPON's commitment to being a versatile, user-centric asset in the evolving investment landscape. Ecosystem Integration and DeFi Compatibility Incorporating $SHOPON into broader DeFi protocols signifies its potential beyond traditional stock ownership. Token holders can leverage their holdings for various sophisticated strategies and applications, enhancing investment returns and liquidity management. By establishing a presence in lending protocols and automated trading systems, $SHOPON effectively democratizes access to advanced financial strategies previously limited to institutional investors. Such integration contributes to a more competitive and dynamic financial landscape, where individual investors can capitalize on tools typically reserved for larger entities. Risk Management and Security Framework Security remains paramount in the operational infrastructure of $SHOPON. The tokenization framework employs multiple layers of protection—beginning with regulated custody of the underlying Shopify shares. The operational protocols establish rigorous auditing, key management, and transaction monitoring standards, thus safeguarding against potential vulnerabilities. Moreover, meticulous adherence to evolving regulatory requirements provides an extra layer of security, fortifying investor protections and institutional compliance. Market Impact and Industry Implications The introduction of Shopify Tokenized Stock (Ondo) heralds a transformative shift in how financial markets operate, emphasizing the potential of tokenized securities to reshape traditional investment paradigms. The successful integration of $SHOPON encapsulates the efficiencies inherent in blockchain technology and opens avenues for new user demographics previously barred from extensive market participation. The impact extends beyond the immediate benefits to token holders, indicating broader trends that may challenge the status quo of investment services, particularly in addressing geographic restrictions and operational costs typically associated with traditional brokerage platforms. Undeniably, $SHOPON encapsulates the potential for traditional institutions to innovate further, leveraging the increasing demand for seamless blockchain access to complement existing financial infrastructure. Future Development Roadmap and Strategic Vision As Ondo Finance looks forward, the trajectory of $SHOPON rests on ambitious goals aimed at broadening the spectrum of available tokenized assets significantly. Over the next few years, plans are in place to expand to more than 1,000 tokenized securities, further enhancing market participation and investment options for individuals worldwide. Continued integration with traditional financial actors, development of specialized institutional products, and enhancements in automated trading capabilities will ensure that $SHOPON maintains its position at the forefront of financial innovation. Regulatory collaboration will also remain a focal point, establishing a framework that not only supports the compliance requirements but also promotes a healthy environment for tokenized asset proliferation. Conclusion and Market Significance In summary, Shopify Tokenized Stock (Ondo), represented by the ticker $SHOPON, is more than merely a tokenized equity offering; it embodies the innovation possible when traditional finance collides with modern blockchain applications. With a robust technical architecture, a commitment to compliance, and a clear strategic vision, $SHOPON exemplifies the potential for tokenized assets to enhance liquidity, accessibility, and functionality in capital markets. As the global investment landscape evolves, the transformative implications of $SHOPON extend beyond individual investors to revolutionize how financial instruments are perceived, traded, and utilized within both traditional and decentralized frameworks.

4.7k Total ViewsPublished 2025.12.05Updated 2025.12.05

What is SHOPON

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