Castle Island Ventures co-founder: Support X in revoking InfoFi application API access, as platforms like Kaito generate a large amount of low-quality content

The father of smart contracts and co-founder of Castle Island Ventures, Nic Carter, posted on the X platform stating that the incentivized posts on platforms like Kaito combined with AI have generated a large amount of low-quality content. The early fun of the crypto tweet circle was in grassroots gaming, but the current industry growth focus has shifted towards stablecoins and financial infrastructure, leaning more towards institutional and VC narratives, making it difficult for ordinary retail investors to feel the opportunity for "fair participation and getting rich against the odds," leading to a decline in participation enthusiasm.

Additionally, the "de-niche" design of the X platform, which enhances "recommendations for you," makes it difficult for creators to reach their niche communities, resulting in fewer opportunities for crypto professional content to be recommended. Nic Carter added that the X platform has quickly responded by revoking the API access for the "InfoFi" application to reduce platform spam content, and he strongly supports this approach.