Weekly NFT Summary: from X Lockdown to Polymarket Optimism

Source: CritpoTendencia Original Title: Weekly NFT Summary: from X blocking to Polymarket’s optimism Original Link: The week began with a significant blow to the sector following X’s announcement to block access to its API for InfoFi projects. Meanwhile, the legal front tightened again with a class-action lawsuit against Steve Aoki and Matt Kalish, accused of promoting MetaZoo NFTs without disclosing financial compensation.

Despite these setbacks, long-term optimism remains strong thanks to strategic moves and positive forecasts. Polymarket assigns a 65% probability to a resurgence of NFTs in 2026, while corporate decisions such as Animoca Brands’ acquisition of SOMO reinforce the narrative of a new era focused on digital ownership and Web3 infrastructure.

X blocks InfoFi crypto projects

After implementing measures to limit misuse of its AI Grok, including the generation of non-consensual sexualized images and CSAM, X announced a new review of its platform policies.

Nikita Bier, X’s product director, stated that the social network will prohibit applications that reward users for posting content. Specifically, access to the API will be restricted for developers linked to InfoFi projects.

According to Bier, these types of applications incentivized the posting of low-quality content solely to earn cryptocurrency rewards. The measure aims to reduce the generation of low-quality content and spam on the platform.

Although the measure formally targets API access, the impact on the NFT market was immediate. Projects combining content and finance, under the umbrella of SocialFi or InfoFi, experienced sharp declines in their NFT values, as their utility proposition heavily depended on interaction within X.

Polymarket assigns a 65% probability to a massive NFT resurgence in 2026

Polymarket recently published an estimate assigning a 65% probability that NFTs will experience a significant resurgence in 2026. The thesis is based on the idea that these assets could evolve from a predominantly speculative market to a stable component of digital economies.

NFTs have already demonstrated their historical role as the first on-chain ownership layer at scale, driving digital art, creator royalties, gaming assets, and brand intellectual property natively on blockchain.

As understanding of NFT use cases expands, they could become more naturally integrated into daily life, representing new forms of identity, ownership, and digital access. This shift in perception could contribute to greater structural market stability in the medium and long term.

Animoca Brands bets on SOMO content to lead digital ownership

Animoca Brands completed the acquisition of SOMO, a company focused on cryptocurrency-based collectibles and interactive entertainment experiences.

Yat Siu, co-founder and CEO of Animoca Brands, expressed enthusiasm for the deal and noted that SOMO is developing the cultural operating system for collectibles, complementing its current portfolio. By incorporating SOMO into its ecosystem, they aim to connect it with their global network of games, communities, and partners.

According to reports, Animoca Brands plans to integrate SOMO into its Web3 infrastructure to accelerate its growth. This includes linking SOMO users with a global network of partners, games, and communities, opening new avenues for innovation in digital economies based on interaction and ownership.

DraftKings co-founder and Steve Aoki sued for sales deception in NFTs

According to a class-action lawsuit, Matt Kalish and Steve Aoki allegedly deceived consumers by not disclosing that they received payments for promoting MetaZoo Games NFTs, a company currently in bankruptcy.

The lawsuit states that both received financial compensation for promoting MetaZoo’s NFT products, known as MetaZoo Coin NFT, on social media, which contributed to the project’s initial boom. At its peak, a full set of the 10 coins reached a value of 20 Ethereum.

The complaint alleges that Kalish and Aoki were part of a scheme to artificially inflate NFT prices and financially benefit MetaZoo, presenting themselves to the public as disinterested consumers. The lawsuit claims that these paid posts were never disclosed.

In this context, the plaintiffs seek at least $5 million in damages and triple the compensation, which could raise the total amount to over $15 million, excluding legal fees and other related costs.