A lot of InfoFi only worked because X rewards existed. Not just payouts, but visibility. Tweets ranked, threads surfaced, engagement mattered. Attention was the currency and X was the exchange.

Now that rewards are gone, the whole thing looks shaky.

If InfoFi depends on being paid for posting on one platform, was it ever really InfoFi or just incentivized content farming?

KAITO selling off makes sense in that context. If the main distribution and reward loop disappears, the token narrative weakens fast. You can’t price in “information markets” when the market for attention just got rug pulled.

The real question is whether InfoFi can exist without X at the center.

Can it move on chain?

Can it reward signal instead of engagement?

Can it survive without algorithmic amplification?

If the answer is no, then InfoFi wasn’t a new primitive. It was a feature riding on Twitter’s incentives.

If the answer is yes, this is probably the shakeout it needed.

Curious to see which projects were actually building infrastructure and which were just farming impressions.