OpenKaito Price(SN5)

OpenKaito, also known as SN5, is identified as Bittensor Subnet 05. Its primary objective is to decentralize web search, particularly within the Web3 space. This project aims to enhance transparency and trust in search results by employing community-driven indexing and validation. OpenKaito focuses on developing and serving text embedding models that are essential for semantic search and natural language understanding. The system operates through a collaborative mechanism involving "miners" and "validators." Miners are responsible for collecting and proposing information, while validators verify the accuracy of this information. Validators utilize machine learning-based nDCG raters, which leverage large language models to assess the relevance and ranking of search results. They also ensure the correctness of URLs to prevent the dissemination of fabricated information. Miners can employ tools such as local ElasticSearch instances and crawlers for data collection and indexing processes. The project utilizes algorithms like BM25 for search ranking. OpenKaito is part of the broader Bittensor ecosystem and is categorized under the domains of Artificial Intelligence and Big Data. The team associated with OpenKaito includes individuals in roles such as Founder, Head of Engineering, Blockchain Data Scientist, and Marketing Manager. Learn more

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