【Blockchain Rhythm】On January 16th, AI agent data platform Cookie DAO announced an important decision: effective immediately, they are shutting down the Snaps platform and simultaneously terminating all ongoing creator activities.
This adjustment stems from discussions with the X team. Cookie DAO stated in an official announcement that after in-depth discussions with X regarding API interfaces and platform usage policies, they decided to take immediate action. In their words, “InfoFi is changing” — this sector is clearly experiencing a significant turning point.
Interestingly, Cookie DAO did not admit to any violations. They emphasized that they have always complied with X’s relevant rules and policies, and that all data on the Snaps leaderboard comes from official data sources. They also remain a paying customer of the Twitter Enterprise API. But the reality is this — sometimes compliance or non-compliance isn’t up to you.
However, this isn’t entirely bad news. Cookie DAO stated that they are actively engaging with X to explore whether Snaps can continue operating in a new form. This indicates that the door isn’t fully closed yet, and there are still variables ahead.
More importantly, Cookie DAO’s other product lines are unaffected. Their data business continues. Notably, over the past six months, they have been refining Cookie Pro — a real-time market intelligence product aimed at the crypto industry, with plans to officially launch in Q1. This may be their strategic focus moving forward.
From this incident, it appears that the once-booming InfoFi sector is beginning to face policy constraints. Creative products built on third-party APIs indeed carry significant risks.
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BearMarketSurvivor
· 20h ago
Policy pressure is coming again. Snaps says it will shut down? X is cleaning up the platform, and the information sector is about to change.
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LayoffMiner
· 20h ago
Damn, was it pressed down again by X? The InfoFi track is really a bit uncertain.
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BearMarketBuilder
· 20h ago
Cookie is being held down by X this time, it seems the InfoFi track needs to be more cautious.
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RugResistant
· 20h ago
ngl, X shutting down snaps integration screams pressure from somewhere up the chain. analyzed the whole chain of events and red flags are everywhere - sudden closures like this don't happen without reason. DYOR but the pattern matches previous coordinated enforcement actions... needs immediate investigation tbh.
Cookie DAO suddenly shuts down Snaps platform: Policy shift in the InfoFi track
【Blockchain Rhythm】On January 16th, AI agent data platform Cookie DAO announced an important decision: effective immediately, they are shutting down the Snaps platform and simultaneously terminating all ongoing creator activities.
This adjustment stems from discussions with the X team. Cookie DAO stated in an official announcement that after in-depth discussions with X regarding API interfaces and platform usage policies, they decided to take immediate action. In their words, “InfoFi is changing” — this sector is clearly experiencing a significant turning point.
Interestingly, Cookie DAO did not admit to any violations. They emphasized that they have always complied with X’s relevant rules and policies, and that all data on the Snaps leaderboard comes from official data sources. They also remain a paying customer of the Twitter Enterprise API. But the reality is this — sometimes compliance or non-compliance isn’t up to you.
However, this isn’t entirely bad news. Cookie DAO stated that they are actively engaging with X to explore whether Snaps can continue operating in a new form. This indicates that the door isn’t fully closed yet, and there are still variables ahead.
More importantly, Cookie DAO’s other product lines are unaffected. Their data business continues. Notably, over the past six months, they have been refining Cookie Pro — a real-time market intelligence product aimed at the crypto industry, with plans to officially launch in Q1. This may be their strategic focus moving forward.
From this incident, it appears that the once-booming InfoFi sector is beginning to face policy constraints. Creative products built on third-party APIs indeed carry significant risks.