X cancels post rewards and bans the so-called "InfoFi" encrypted project.

01-15

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PANews reported on January 15th that, according to the latest policy update from the X platform, X will no longer allow users to be rewarded for posting, and will also ban certain crypto projects defined as "InfoFi". This means that the model of using post-based reward mechanisms to drive crypto marketing or traffic growth will be prohibited on X, aiming to combat the abuse of incentives and improve the quality of content on the platform.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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