Infinex Shifts Fundraising to Fair Allocation After Initial Token Sale Success
Infinex, a crypto exchange, has revised its fundraising strategy following an initial token sale. According to reports, the exchange raised $600,000 in three days, leading to a change in its approach. Infinex is dropping its initial plan to raise $5 million, which included a $2,500 wallet cap. The exchange is now moving towards a fair allocation model for its token distribution. The development suggests a shift in strategy after observing strong early interest in the token sale.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.