Subnet 5
Name
OpenKaito
Netuid
5
Description
A search index plays a crucial role in accessing information within Web3 and serves as the foundation for RAG applications. OpenKaito is dedicated to constructing a decentralized search index for Web3, and its incentive mechanism can be outlined as follows:
-
Miners are encouraged to develop high-quality and efficient indexing and ranking schemes for Web3 data.
-
Validators will submit structured or vector retrieval queries to perform spot checks on the indexing quality of the miners, using LLM. For instance, for a query "optimism", validators should anticipate receiving high quality content from miners. Miners are incentivized to differentiate between the English word "optimism" and the crypto project "optimism" within massive amounts of X (Twitter) data. The final reward will be determined based on the quality, ranking, recency, and uniqueness of the data indexed by miners.
-
By collectively executing large-scale content understanding, indexing, and ranking, a decentralized search engine and data analytics platform can be established on top of OpenKaito.