According to ChainCatcher, Nic Carter, the father of smart contracts and co-founder of Castle Island Ventures, posted on the X platform that the combination of incentivized posting and AI on platforms like Kaito has generated a large amount of low-quality content. The early fun of the crypto tweeting community lay in grassroots competition, but the current industry growth focus has shifted to stablecoins and financial infrastructure, leaning more towards institutional and VC narratives. Ordinary retail investors can hardly feel the opportunity for "fair participation and getting rich", resulting in a decline in participation enthusiasm.
Furthermore, X's "de-niche" design, which emphasizes "recommendations for you," makes it difficult for creators to reach their niche communities, resulting in fewer opportunities for crypto-related content to be recommended. Nic Carter added that X's swift response in revoking API access to the "InfoFi" app to reduce spam on the platform is commendable.
