Elon Musk's X Bans Access to ‘InfoFi’ Crypto Projects Amid ‘AI Slop’ Backlash
Summary
X (formerly Twitter) is banning applications that reward users with digital assets for posting, aiming to curb AI-generated content and reply spam. Head of Product Nikita Bier announced that API access for these “InfoFi” projects has been revoked, and predicted that user experience would improve as bots lose their financial incentive. Developers of affected apps have been offered help transitioning to alternative platforms like Meta’s Threads or Bluesky. In response, InfoFi-related token Kaito dropped over 15% within 30 minutes of the announcement.
