X to cut off InfoFi crypto projects from accessing its API

Source Cryptopolitan

X, the most widely used app for crypto projects, is changing its API access policy. InfoFi projects, which proliferated non-organic bot content, will be cut off from the social network. 

X cut API access to InfoFi projects, after a period of increased non-organic traffic with AI-based content. InfoFi was another use case for on-chain activity, which still relied on the traditional X feed. Users were rewarded for posting, and ended up overloading the social media platform with AI-generated content. 

In another round of reinventing the X relationship with crypto content, the site’s product manager, Nikita Bier, explained the changes coming for InfoFi projects. The changes effectively ban rewards for posting, especially for explicit promises to earn points or airdrop access.

We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform.

We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore,’ announced Bier in an X post

The changes come just a day after X boosted exposure to crypto projects through cashtags, offering more accurate labeling for projects and tickers.  

The changes came after the crypto community accused X of decreasing reach for crypto projects, apps, and influencers. In the past year, some projects complained of lower reach, while X tried to fight scams and low-quality content. 

InfoFi tokens crash after X ban

Immediately after the news of the API ban, almost all InfoFi tokens wiped out a part of their value. The overall market is small, valued at under $400K, reflecting the relative novelty of InfoFi projects. 

X cuts down InfoFi projects with AI-generated content
KAITO crashed immediately after the news that InfoFi projects will loose access to X API. No more rewards for posting are allowed, to keep the social network from spam and AI-generated posts. | Source: Coingecko

In the past day, the whole token class crashed by 11.6%, with near-vertical losses immediately after Bier’s statement. KAITO, one of the leading InfoFi and mindshare apps, lost 15.2% to trade near its lowest range at $0.57.

ZachXBT criticized InfoFi campaigns

ZachXBT has been tracking various InfoFi campaigns, believing they harmed the crypto community rather than popularizing the projects. 

While Kaito offered useful data on influence, it also encouraged frequent posting that bloated the content in the crypto space. 

InfoFi creation followed a previous attempt to rebuild social media for niche projects. However, InfoFi apps decided to use the exposure of X, the most widely used social network. 

The recent API ban showed that even projects claiming to be decentralized relied heavily on Web2 rails for their exposure. 

Before the ban, InfoFi projects spent widely on API access and encouraged posting as a way of farming airdrop points. The Kaito airdrop was the most notorious case, later establishing multiple circles of influencers. 

Soon after the ban, InfoFi faced an uncertain fate. For some, Kaito and other apps were doomed to be abandoned, similar to FriendTech apps. For others, InfoFi would seek ways to adapt and find more favorable platforms or new tasks for point farming, such as testnet usage.

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Hits $97K Despite Elevated PPI and Lack of US Tariff DecisionDespite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
Author  Mitrade
11 hours ago
Despite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
placeholder
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Author  Mitrade
14 hours ago
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
placeholder
Silver Price Forecast: XAG/USD corrects to near $86.50 as Iran stops killing protestersSilver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Author  FXStreet
14 hours ago
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
placeholder
Bitcoin shows strong correlation with institutional demand following 7% uptickBitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
Author  FXStreet
19 hours ago
Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
placeholder
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI dataThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
Author  FXStreet
Yesterday 10: 19
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
goTop
quote