If Kaito is Haram why is participating in campaigns of halal projects on its platform permissible?
Question context
CoinStudy's answer
Research opinion from the CoinStudy Sharia team. Not a fatwa.
Participating in campaigns of halal projects on Kaito's platform is permissible and the Haram classification of Kaito does not change this. Understanding why requires a precise distinction that Islamic finance consistently applies.
CoinStudy classifies Kaito as Haram because the company is building and operating Kaito Markets, its own standalone prediction market platform, as its primary 2026 strategic product. The Haram ruling applies to the KAITO token and to participating in Kaito's own prediction market products. It does not apply to every activity that happens to take place in an interface that Kaito provides.
The practical parallel helps clarify this precisely. A Muslim investor can read halal crypto research published on a conventional bank's website without that making the reading activity Haram. The bank itself may be Haram classified due to interest-based operations, but accessing publicly available information through its platform is not participation in those Haram operations. Similarly, a Muslim investor who follows a halal project's account, shares permissible content, or completes a community awareness task through Kaito's interface is engaging with the halal project's campaign, not with Kaito's prediction market product.
The compliance question for any campaign task is always determined by what the task itself involves, not by which platform the task appears on. If a halal project runs a campaign asking you to follow their Twitter account, share educational content about their product, or complete a simple community quiz, those activities are permissible on their own merits regardless of whether the campaign tracking happens through Kaito, Galxe, Layer3, or any other platform.
The activities become impermissible only if the specific tasks require you to interact with Kaito's own prohibited products. Completing a campaign task that requires you to trade on Kaito Markets or participate in an Attention Market prediction would be Haram because the task itself involves the prohibited product. Completing a campaign task that requires you to follow a halal project's social account or share their content is permissible because the task involves no prohibited activity.
The key question for any Kaito campaign task is simple and direct: does completing this specific task require me to use Kaito's prediction market products? If no, the task is permissible. If yes, skip that specific task.