Weekly NFT Summary: from X Lockdown to Polymarket Optimism

Source: CritpoTendencia Original Title: Weekly NFT Summary: from X Blockade to Polymarket Optimism Original Link:

X blocks InfoFi crypto projects

After implementing measures to limit the misuse of its AI Grok, X announced a new review of its platform policies.

Nikita Bier, X’s product director, announced that the social network will ban applications that reward users for posting content. In particular, access to the API will be restricted for developers linked to InfoFi projects.

According to Bier, these types of applications encouraged the posting of low-quality content solely to earn cryptocurrency rewards. Although the measure formally targets API access, the impact on the NFT market was immediate. Projects combining content and finance, under the SocialFi or InfoFi umbrella, experienced sharp declines in the value of their NFTs, as their utility depended heavily on interaction within X.

Polymarket assigns a 65% probability to a NFT resurgence in 2026

Polymarket recently published an estimate assigning a 65% probability that NFTs will experience a significant resurgence in 2026. The thesis is based on the idea that these assets could evolve from a predominantly speculative market to a stable component of digital economies.

As understanding of NFT use cases broadens, they could become more naturally integrated into daily life, representing new forms of identity, ownership, and digital access. This shift in perception could contribute to greater structural market stability in the medium and long term.

Animoca Brands bets on SOMO content to lead digital ownership

Animoca Brands completed the acquisition of SOMO, a company focused on cryptocurrency-based collectibles and interactive entertainment experiences.

Yat Siu, co-founder and CEO of Animoca Brands, expressed his enthusiasm for the deal: “SOMO is developing the cultural operating system for collectibles, complementing our current portfolio. By incorporating SOMO into our ecosystem, we aim to connect it with our global network of games, communities, and partners.”

According to reports, Animoca Brands plans to integrate SOMO into its Web3 infrastructure to accelerate its growth. This includes linking SOMO users with a global network of partners, games, and communities, opening new avenues for innovation in digital economies based on interaction and ownership.

DraftKings co-founder and Steve Aoki sued for NFT sales fraud

According to a class-action lawsuit, Matt Kalish and Steve Aoki allegedly deceived consumers by not disclosing they received payments for promoting MetaZoo Games NFTs, a company currently in bankruptcy.

The lawsuit states that both received financial compensation for promoting MetaZoo’s NFT products on social media, which contributed to the project’s initial boom. At its peak, a full set of the 10 coins reached a value of 20 Ethereum.

The complaint alleges that Kalish and Aoki were part of a scheme to artificially inflate NFT prices and financially benefit MetaZoo, presenting themselves to the public as disinterested consumers. The lawsuit claims that these paid promotions were never disclosed.

In this context, the plaintiffs seek at least $5 million in damages and triple the compensation, which could raise the total amount to over $15 million, excluding legal fees and other related costs.