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Platform X recently revoked the API access for a Yap-to-Earn application, which directly impacted the KAITO project. As a result, $KAITO 24-hour decline exceeded 15%, and the market responded quickly.
This incident has sparked quite a bit of discussion—from certain perspectives, the golden age of social mining may be narrowing. Platform policy adjustments are often unexpected, making how projects respond a key issue. Some believe this is just a short-term fluctuation, and project teams may introduce alternative solutions; others are concerned that this signals new challenges facing the entire Yap-to-Earn model.
In any case, such events are worth paying attention to—they reflect the tension between Web3 applications and mainstream platforms, and also highlight the real risks within the ecosystem.