Nic Carter supports X revoking access to InfoFi application APIs

Nic Carter, co-founder of Castle Island Ventures, stated in an article on X platform that platforms such as Kaito combine incentivizing posts with AI generated high-quality content, which affects the fun of grassroots gaming in the crypto tweet circle. He pointed out that the industry's growth focus has shifted towards stablecoins and financial infrastructure, and the enthusiasm of ordinary retail investors to participate has decreased. In addition, the "de niche" design of X platform weakens the recommendation opportunities for encrypted professional content. Nic Carter stated that the X platform has revoked API access to the "InfoFi" application to reduce junk content, and he supports this.