The InfoFi ecosystem is facing a critical moment. Kaito has decided to cease the Yaps service, causing the related token to drop by 23%; Cookie also announced the suspension of Snaps operations, with an 18% decline. Meanwhile, InfoFi series NFTs like Yapybaras and Quack Heads have experienced even more severe sell-offs, with drops exceeding 50%. This wave of adjustment may be considered a turning point for genuine content creators and ordinary users—the market is voting with its feet, reassessing which projects can truly create value.
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GasGasGasBro
· 01-18 21:38
Continuous plummeting, is InfoFi about to fail?
Damn, Yapybaras was cut off directly, that’s too fierce.
Who still dares to buy in this wave...
The truly valuable projects tend to last longer, trash projects should die.
Thinking back to those who hyped Snaps before, what do they say now?
A 50% drop... I don’t understand it but I’m deeply shocked.
The market is the most honest, it can’t be deceived.
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StablecoinGuardian
· 01-18 19:39
Hmm, another round of cutting leeks.
But to be fair, these projects never had much user stickiness.
Why did it only drop this much? I thought it would be worse.
Things that are truly valuable should have been recognized long ago. This reshuffle might actually be a good thing.
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ZkProofPudding
· 01-18 18:50
Oh no, another big cleanup
Kaito, Cookie, one after another dropping the ball, so is this what InfoFi is about?
NFT down 50%, and still have the nerve to call it a turning point, this is clearly a crash, okay?
Honestly, these projects never had a clear plan from the start
Wait, how are the creators who are still holding up feeling right now...
Basically, they just cut and run after profiting, cycle completed
It's been obvious for a long time that technology hasn't been implemented, and applications lack a moat
Can they truly create value? Is that all? Uh...
To put it nicely, actually no one is willing to pay anymore
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MoneyBurner
· 01-15 22:41
Here comes the harvest again? Yaps dropped 23%, Cookie dropped 18%, I’m familiar with this move, I’ve been waiting for a rebound at the NFT floor price.
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50% decline? Perfect time to buy the dip. If you’re scared, I’m not.
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Honestly, it’s still about lack of liquidity and no real yield. It was obvious from the start that this wave of InfoFi is a bubble.
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Kaito shutting down directly caused a sell-off. That’s what you call the project team shooting themselves in the foot. On-chain data can reveal the clues.
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After all this, it still depends on blue-chip NFTs to survive. These smaller series will eventually return to zero.
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I bet there’s a rebound opportunity three months after this correction with $50U. If you don’t believe it, just watch.
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Playing the IPO game to this extent is also my anti-fragility training ground, haha.
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A true content creator? Don’t make me laugh. Everyone knows it’s just an arbitrage game.
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liquidation_watcher
· 01-15 22:40
Oh my, it's these two projects again. They should have died long ago.
A 50% drop still calls it an adjustment? This must be the death spiral.
Wait, who is actually creating value? InfoFi never really created much to begin with.
They haven't even run away that fast; shutting down the servers directly is truly incredible.
NFT whales are about to wipe out retail investors again, cycle after cycle.
Why are the creators still staying? I already left long ago.
I heard some people are bottom-fishing; this guy really has courage.
Actually, everyone knows this thing can't be hyped up anymore.
Information value empowerment... it's all nonsense.
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gas_fee_therapist
· 01-15 22:39
Haha, another round of harvesting. InfoFi's gameplay really needs to wake up.
This is just ridiculous. Dropping 50% and still talking about a turning point? Clearly, it's just been cut.
Kaito and Cookie ran off together. No wonder the NFT market crashed directly.
The true creators have long since run away. Everyone still playing now are just gamblers.
By the way, who made money from this wave? Definitely not me, anyway.
What’s the point of market voting? Just dumping the market, don’t be so poetic.
A quarter ago, people were hyping InfoFi as the future. And now...
The experience is just ridiculous. A bunch of trash projects pretending to be "information" to scam people.
But the opportunity is right here. Let’s wait for the rebound and see.
These projects' life cycles are getting shorter and shorter. So boring.
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SatoshiNotNakamoto
· 01-15 22:37
Hmm, is another wave of project deaths coming?
Kaito and Cookie have both shut down, now this is interesting.
Such a sharp decline, everyone who bought the dip must be going crazy.
Honestly, it's those vapor projects that should be cleared out.
The market is finally starting to get serious, not bad.
NFTs halved, these numbers are a bit brutal.
Content creators need to think of new ways out.
Only truly valuable projects can survive until the end.
Everyone who has experienced Snaps knows that the service itself has issues.
A 50% drop, small holders got cut again.
The InfoFi concept isn't as attractive as you might think.
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HashBandit
· 01-15 22:17
yikes, 50% nft dumps? back in my mining days we'd call this a capitulation event... except we actually had hashrate to show for it lol. these infofi projects getting liquidated faster than my gpu farm's electricity bill went up in 2021
The InfoFi ecosystem is facing a critical moment. Kaito has decided to cease the Yaps service, causing the related token to drop by 23%; Cookie also announced the suspension of Snaps operations, with an 18% decline. Meanwhile, InfoFi series NFTs like Yapybaras and Quack Heads have experienced even more severe sell-offs, with drops exceeding 50%. This wave of adjustment may be considered a turning point for genuine content creators and ordinary users—the market is voting with its feet, reassessing which projects can truly create value.