Azizbek Mamirboyev

This change might actually have a significant effect on India’s economy

"Cookie DAO" shuts down its "Snaps" InfoFi platform
@Cookie DAO , one of the #InfoFi projects within the crypto community, has officially announced the closure of its "post-to-earn" platform called "Snaps". This decision was caused by the new policy of the X (formerly Twitter) platform.
Key Details:

•Reason: X platform lead Nikita Bier restricted API access for all InfoFi projects, calling them a source of spam.

•Message Content: The Cookie team stated that this was a "difficult and abrupt" decision but necessary to align with X's policies.

•Negotiations Ongoing: They emphasized they are currently negotiating with X about the possibility of "Snaps" continuing in a different form in the future.

•Other Projects: The Cookie team's other products, including "Cookie3 Analytics," remain unaffected and operational.

This move reaffirms Nikita Bier's serious intention to clear the X platform of InfoFi projects.

X (Twitter) platform has implemented clear and significant changes to its developer API policy:
"InfoFi" banned: All applications that reward users for posting on X have been officially prohibited.
API access revoked: API access for apps that violate the new policy has been immediately terminated.
Objective: This move is aimed at curbing the significant amount of AI-generated low-quality content and reply spam on the platform.
This action clearly indicates X is attempting to re-establish control over content quality.

$KAITO $COOKIE