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X restricts crypto "infoFi" apps using token incentives, citing spam, causing major token drops.
X has restricted API access for crypto-based "infoFi" apps that incentivize user engagement with tokens, citing a surge in AI-generated spam and low-quality content.
The move, announced by X’s head of product Nikita Bier, targets automated posting systems used by crypto communities to boost visibility.
Affected projects saw sharp declines in value, with tokens like KAITO dropping nearly 20%.
While X aims to improve user experience and reduce spam, the ban has sparked mixed reactions, with some supporting the crackdown and others criticizing the impact on creator-driven revenue models.
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X restringe las aplicaciones de cripto "infoFi" usando incentivos de tokens, citando el spam, lo que causa grandes caídas de tokens.