BlockBeats news: On January 16, the AI agent index platform project Cookie DAO announced in a post, "InfoFi is evolving, and it's time to gradually phase out Snaps: we are shutting down the Snaps platform and all ongoing creator activities to maintain the integrity of the Cookie data layer and product ecosystem. After communicating with the X team regarding their API and usage policies, we have decided to immediately shut down Snaps and all ongoing activities. Currently, we are engaging in active discussions with X to evaluate whether Snaps can continue to operate in a new form.
We have always believed that we comply with X's relevant rules and policies. However, given the current situation, InfoFi is likely to undergo a significant transformation. We will await further confirmation and guidance from X to determine whether creator activities similar to Snaps can still exist in some form in the future.
The data used in the Snaps rankings comes entirely from official data sources, and we are still currently a customer of the Twitter Enterprise API. Therefore, maintaining compliance with X's policies has always been our top priority. The rest of Cookie's products are unaffected by this change, and we remain a data-driven company. Over the past six months, we have been building Cookie Pro—a real-time market intelligence product for the crypto industry—with a planned official launch in the first quarter.
Previously reported,X revokes API access for the "InfoFi" app to reduce platform spam content.