Infinex Updates Fundraising Approach with Fair Allocation Strategy

After raising $600,000 in just three days, Infinex shifts to a fair allocation model, abandoning its initial $5 million fundraising goal.

Infinex has announced a significant modification to its fundraising strategy, transitioning from its original plan of raising $5 million to implementing a fair allocation model. This change follows the exchange's rapid success in securing $600,000 within a mere three-day period.

The initial structure included a wallet cap of $2,500, which will no longer be in effect as the platform aims to establish a more equitable distribution method for participants in the token sale.