X Shuts Down InfoFi Apps, Triggering KAITO Token Sell-Off and Scrutiny

Share:
X has revoked API access for reward-based posting apps, ceasing InfoFi activities due to AI spam concerns. This led to Kaito and Cookie DAO shutting down their incentive products, causing significant token sell-offs and abnormal unstaking. The move highlights risks to DeFi platforms reliant on incentivized posting.
- X revoked API access for reward-based posting apps, ending InfoFi activity over AI spam concerns.
- Kaito and Cookie DAO shut down incentive products, triggering bans and sharp token sell-offs.
- KAITO saw heavy selling and abnormal unstaking after claims of early awareness of the ban.
X has revoked API access for applications that reward users for posting content, effectively banning so-called InfoFi platforms from operating on the site. The decision was announced by X head of product, Nikita Bier, who said incentive-based posting had driven a surge in low-quality, AI-generated replies and spam, prompting a policy revision aimed at improving user experience.
Read The Full Article X Shuts Down InfoFi Apps, Triggering KAITO Token Sell-Off and Scrutiny On Coin Edition.
Read More
X Shuts Down InfoFi Apps, Triggering KAITO Token Sell-Off and Scrutiny

Share:
X has revoked API access for reward-based posting apps, ceasing InfoFi activities due to AI spam concerns. This led to Kaito and Cookie DAO shutting down their incentive products, causing significant token sell-offs and abnormal unstaking. The move highlights risks to DeFi platforms reliant on incentivized posting.
- X revoked API access for reward-based posting apps, ending InfoFi activity over AI spam concerns.
- Kaito and Cookie DAO shut down incentive products, triggering bans and sharp token sell-offs.
- KAITO saw heavy selling and abnormal unstaking after claims of early awareness of the ban.
X has revoked API access for applications that reward users for posting content, effectively banning so-called InfoFi platforms from operating on the site. The decision was announced by X head of product, Nikita Bier, who said incentive-based posting had driven a surge in low-quality, AI-generated replies and spam, prompting a policy revision aimed at improving user experience.
Read The Full Article X Shuts Down InfoFi Apps, Triggering KAITO Token Sell-Off and Scrutiny On Coin Edition.
Read More




