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how to pick the right project to yap about on kaito cumulatively, I have earned ~$9,000 in the past few months from yapping alone, by focusing on projects with good reward campaigns e.g magic newton along the line, I have been able to avoid some projects that underperformed e.g humanity protocol here’s how I do it👇 step 1: reward campaign type there are two categories of reward campaigns on kaito 1. - pre-TGE projects e.g succinct, anoma, union, boundless rewards here are usually a % of the token total supply at launch 2. - post-TGE projects e.g Sei, Xion, Arbitrum, dYdX rewards here are can either be stable coins ($USDC) or native tokens (e.g $ARB) pre-TGE projects usually give better rewards than post-TGE projects especially when they allocate a sizable % to yappers and launch at a good FDV on the other hand, post-TGE projects may give lower rewards compared to pre-TGE projects but their rewards have fixed time frame e.g every 30 days and their leaderboard are less competitive so they both have their pros and cons - pre-TGE: pros - higher rewards cons-high competition - post-TGE: pros - lower competition cons - lower rewards pre-TGE projects takes longer periods in most cases e.g we have been yapping about Union and Succinct for over 5 months now post-TGE: shorter timelines e.g Arbitrum campaign is running for 3 months, rewards distributed to yappers ever 30 days step 2: run a quick analysis of the rewards to know if it’s worth your efforts what you need to have in mind here is the % of supply allocated to yappers, possible FDV at launch and no of yappers to be rewarded to determine the possible FDV at launch, check how much they raised in total and their backers and campaign to similar previous launch is that category you can estimate the potential rewards at different FDVs (best to worst case scenarios) this is what made me go hard on magic newton step 3: check for potential red flags no 1 red flag you should look out for: no tokenomics details but token rewards is confirmed for instance, if a project says they are giving 5M of their tokens to yappers and no other information is provided that’s a potential red flag, knowing the total supply would be to your advantage and % supply is usually better than fixed tokens allocated if a project allocates 5M tokens and distributes it to top 1,000, average user get 5,000 tokens it might look like a great deal but if total supply is 10B, that’s 0.05%, even if the project launch at 500M FDV, your 5,000 tokens would be worth only $250, which isn’t great another red flag to look for is conversion ratios: if a team says, you earn X token by yapping to be converted to Y token later, it an outright red flag team can decide to do a crazy conversion ratio at TGE and dilute yapper rewards step 4: time commitment needed some projects run short yapping campaigns e.g Wayfinder ($PROMPT) while some run a longer timeframe campaign e.g Mitosis using 6M LB Anoma announced their campaign would last for 3 Months which means you’ll have to yap for a very long time you need to also check if the projects takes weekly or monthly snapshots of yappers on the leaderboard or if snapshot will be taken once at the end of the campaign to know if you can commit till the end or not if no timeframe is announced, that’s a potential red flag, they can decide to prolong the campaign for a very long time, it’s better to know what you’re getting involved in right from the start p.s: these are some of the things I look out for before yapping about a project a project that ticks all boxes: - yapping timeframe - no of yappers to be rewarded - % supply to be given - total supply known - good funding and backing - no conversion ratio/points system has a higher chance of giving tangible rewards to yapper i hope this helps regards ~ scribbler