Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’
The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.
Artificial intelligence-powered crypto platforms such as Kaito.ai and Cookie DAO have been banned from paying users to post content on X to curb the amount of so-called “AI slop” on the social media site.
“We will no longer allow apps that reward users for posting on X (aka ‘infofi’),” X head of product Nikita Bier said on Thursday. “This has led to a tremendous amount of AI slop [and] reply spam on the platform.”
“We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore),” he added.