​​ChatGPT is Helping This New Project Take Crypto Search to Th | Crypto Retro

​​ChatGPT is Helping This New Project Take Crypto Search to The Next Level

Ai-powered Web3-focused search engine Kaito just raised $5.3 million in a seed fundraising round, according to a recent TechCrunch report. Kaito says the funds will be used to increase the size of the team and speed up product development.

Participants in the round, which was led by Dragonfly Capital, include Sequoia Capital China, Jane Street, Folius Ventures, Alpha Lab Capital and Mirana Ventures.

Kaito utilizes AI technology to aggregate Web3-relevant information into a one-click product, scraping and summarizing information from platforms like Twitter, Discord, governance forums, Medium and podcast transcriptions.

Kaito’s search engine will also optimize search results by using similar techniques to the established giants like Google and Bing, such as ranking, topic mining and personalized recommendations.