đ SELLING TOKEN NOT AS EXPECTED
Infinex launched a public token sale aiming to raise $5 million, but after 3 days only ~$600,000 was raised. The initial design included a 3-day period with a $2,500 limit per wallet, causing many traders to stand aside and observe.
đ TEAM ACKNOWLEDGES "MAKING MISTAKES" & CHANGES MECHANISM
Infinex acknowledges the selling structure was too complex. The project completely removes the limit per wallet, transitioning to a max-min allocation (water-filling) model. All participants will receive an equal allocation until supply runs out, with any remaining funds refunded. However, Patron holders still receive priority; details will be announced after the sale ends.
âď¸ DEBATE INTENSIFIES
Many people believe that changing the rules midway benefits large wallets and latecomers, while early participants bear the risks. This has sparked even more controversy given that Infinex previously raised $67 million last year but still had to make urgent adjustments to stimulate demand.
𧊠TRUST & PRODUCT PUZZLE
Infinex maintains the 1-year lockup, considering it necessary for long-term alignment. The project also acknowledges it has not clearly communicated the product value: a self-custody platform with a CEX-like experience, supporting swap, bridge, and multi-chain derivatives trading. The remaining question is whether this change is sufficient to restore community trust.
đ THIS POST IS NOT INVESTMENT ADVICE, PLEASE REVIEW AND STAY SAFE IN THE MARKET. đ