According to a ChainCatcher report, Nikita Bier, Product Lead at X and Solana Ecosystem Advisor, stated, "InfoFi applications are already paying us millions of dollars for enterprise-level API access. We don't want that money." Previously reported by ChainCatcher, X revoked API access for reward-based posting applications.
X Product Head: InfoFi Apps Pay Millions for API Access, But Platform Doesn't Want the Revenue
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Summary
X product head Nikita Bier revealed that InfoFi apps have paid millions for enterprise API access, but the platform has chosen to forgo the revenue. This follows X's previous decision to cut API access for reward-posting tools. The move reflects ongoing shifts in ecosystem growth strategies. On-chain news indicates continued pressure from third-party developers seeking access to X's infrastructure.
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