Infinex token sale raises only about $600,000 in three days, and the team plans to switch to a "fair distribution mechanism"
Non-custodial crypto trading platform Infinex recently announced adjustments to its public fundraising structure. After raising only about $600,000 within three days of the token sale, far below the original target of $5 million, the project team decided to abandon the original quota model and adopt a “maximum-minimum fair distribution” mechanism. This change quickly sparked widespread discussion among crypto traders and the DeFi community.
Infinex focuses on providing a user experience close to that of centralized exchanges (CEX), helping users access DeFi and cross-chain trading markets more conveniently. According to the initial plan, Infinex aimed to complete $5 million in funding within three days and limit participation per wallet to $2,500, attempting to strike a balance between retail investors and large funds. However, slow progress in fundraising prompted the team to urgently adjust its strategy.
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Infinex focuses on providing a user experience close to that of centralized exchanges (CEX), helping users access DeFi and cross-chain trading markets more conveniently. According to the initial plan, Infinex aimed to complete $5 million in funding within three days and limit participation per wallet to $2,500, attempting to strike a balance between retail investors and large funds. However, slow progress in fundraising prompted the team to urgently adjust its strategy.