Odaily Odaily reports that Cookie DAO issued an announcement regarding the significant price drop of its token TGE on Cookie Launchpad. The announcement stated that the token's performance on and after TGE was not determined by Cookie; the project team independently decides on fundraising amounts, token economics, and liquidity arrangements. Cookie does not participate in the project's treasury, pricing, or control post-market price movements. Cookie merely acts as the InfoFi platform: providing tools for projects to operate InfoFi activities, rewarding users who genuinely bring attention, content, and mindshare to the project.
Cookie: Cannot determine the performance of the TGE token; only provides tools for the project to operate InfoFi activities.
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