PANews|Jan 17, 2026 10:06
[Father of Smart Contracts: Supports X Revoking InfoFi Application API Access, Incentivized Posting Platforms like Kaito Generate Large Amounts of Low-Quality Content]
Nic Carter, the father of smart contracts and co-founder of Castle Island Ventures, posted on the X platform stating that incentivized posting platforms like Kaito, combined with AI, have generated a large amount of low-quality content. The early fun of the crypto Twitter community lay in grassroots competition, but the current industry's growth focus has shifted to stablecoins and financial infrastructure, leaning more toward institutional and VC narratives. Ordinary retail investors find it difficult to experience the opportunity for 'fair participation and wealth reversal,' leading to a decline in enthusiasm. Additionally, X platform's 'de-niche' design, which strengthens the 'For You' recommendations, makes it harder for creators to reach their niche communities, reducing the chances for professional crypto content to be recommended. Nic Carter further stated that the X platform has quickly responded by revoking the API access of the 'InfoFi' application to reduce garbage content on the platform, and he strongly supports this move.
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