Elon Musk's X Bans Access to ‘InfoFi’ Crypto Projects Amid ‘AI Slop’ Backlash

Decrypt
ELON-1,37%

Elon Musk’s X is taking action against projects that seek to financialize users’ attention on the platform using digital assets, Head of Product Nikita Bier declared on Thursday. “We will no longer allow apps that reward users for posting on X,” he said. “This has led to a tremendous amount of AI slop [and] reply spam on the platform.” As part of the initiative, Bier said that X had revoked API access for so-called InfoFi projects, arguing that users’ experience on the platform “should start improving soon” as bots become aware that their activity is no longer generating income.

We are revising our developer API policies:

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…

— Nikita Bier (@nikitabier) January 15, 2026

Bier’s statement included a call to people that had their developer accounts terminated, offering assistance with transitioning them to Meta’s Threads or Bluesky, the decentralized alternative to X that gained traction after Musk’s acquisition of Twitter in 2022. Kaito, a project that’s become synonymous with InfoFi following its debut last February, saw its native token nosedive following the announcement. Changing hands around $0.58, the token’s price dropped over 15% within 30 minutes of Bier’s statement, according to CoinGecko. Editor’s note: This story is breaking and will be updated with additional detail.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments