Overview of KAI-CHING and Cosmose AI Ecosystem
KAI-CHING is a US dollar-pegged stablecoin developed by Cosmose AI, a leading AI-based retail platform. It powers a suite of interconnected products—KaiKai and KAIKAINOW—designed to transform shopping into a personalized, gamified experience. Cosmose AI aims to bridge offline and online retail with tools that improve brand engagement, boost foot traffic, and provide tailored recommendations.
Built on NEAR Protocol, KAI-CHING facilitates real-time, low-fee transactions and rewards, while maintaining transparency and user privacy by leveraging blockchain technology.
Products and Platforms in the Ecosystem
KaiKai: The Shoppertainment Hub
KaiKai redefines shopping by combining retail, gamification, and rewards. This app enables users to discover nearby stores and purchase products with KAI-CHING tokens. The tokens function similarly to loyalty points but are blockchain-native, allowing customers to earn and redeem them for offers and discounts. With a focus on Gen-Z adoption, KaiKai has attracted a large user base across Asia, including Singapore, Hong Kong, and China. Merchants benefit from lower transaction fees compared to traditional payment platforms such as PayPal and Stripe.
KAIKAINOW: AI-Driven Lock Screen Engagement
KAIKAINOW delivers a personalized smartphone lock screen experience. Users earn KAI-CHING tokens by interacting with curated content, including news, entertainment, and language learning. This opt-in platform provides value beyond static wallpapers by blending mobile engagement with gamified incentives, further integrating Cosmose’s AI-powered recommendations.
Integration with NEAR Protocol
The entire Cosmose ecosystem, including KAI-CHING, operates on the NEAR Protocol, a scalable and energy-efficient blockchain. NEAR supports Cosmose’s transition to Web3 by ensuring:
- Low transaction fees: Payments through KAI-CHING reduce costs by up to 50 times compared to traditional methods, helping both users and merchants save money.
- Decentralized data control: Cosmose stores data on users’ devices via edge computing, giving individuals full control over their information and ensuring privacy.
- Real-time rewards: NEAR’s infrastructure allows for quick transaction processing, which supports instant rewards and cash-back offers across the KaiKai platform.
Market Impact and Strategic Growth
With backing from the NEAR Foundation, Cosmose AI has scaled rapidly, now serving over 20 million retail locations and reaching one billion smartphones globally. The strategic partnership has increased Cosmose’s valuation to $500 million, reflecting the growing importance of AI and blockchain in retail innovation. Through this partnership, Cosmose aims to enhance consumer experiences while driving sustainable growth for retailers.
KaiKai and KAIKAINOW’s success showcases the potential of blockchain-powered “shoppertainment,” merging retail with entertainment to build brand loyalty. Cosmose AI is actively expanding in Southeast Asia and Europe, positioning itself as a leader in retail technology and Web3 engagement.
Future Plans and Expansion
Moving forward, Cosmose aims to enhance its data transparency tools, enabling users to see how their browsing and shopping activities are tracked and rewarded. The platform continues to focus on AI-driven retail personalization, helping businesses craft targeted campaigns while empowering users to customize their experience with real-time insights. Cosmose’s approach blends convenience, privacy, and rewards, shaping a future where users control both their data and rewards effortlessly.
