The current economic scenario has forced significant strategic adjustments. Infinex has undergone a substantial overhaul of its token offering strategy, lowering the initially projected valuation from $300 million to $99.99 million. The initiative aims to better align with the present realities of the crypto market.
Schedule and Details of the Offering
The sale period began today at 14:00 (Beijing time), with closing scheduled for January 6 at the same time. This time window reflects both the company’s commitment to transparency and the urgency to capture investor interest during this period.
Investor Attraction Strategy
The pronounced reduction in valuation represents a deliberate tactical change. By recalibrating its numbers, Infinex seeks to expand its appeal to the investor audience, making participation more accessible in a context where economic uncertainties dominate capital allocation decisions. The approximately 67% drop in valuation signals a willingness to negotiate and acknowledge the limitations of risk appetite at the current moment.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Infinex Reduces Token Valuation to US$ 99.99 Million Amid Market Challenges
The current economic scenario has forced significant strategic adjustments. Infinex has undergone a substantial overhaul of its token offering strategy, lowering the initially projected valuation from $300 million to $99.99 million. The initiative aims to better align with the present realities of the crypto market.
Schedule and Details of the Offering
The sale period began today at 14:00 (Beijing time), with closing scheduled for January 6 at the same time. This time window reflects both the company’s commitment to transparency and the urgency to capture investor interest during this period.
Investor Attraction Strategy
The pronounced reduction in valuation represents a deliberate tactical change. By recalibrating its numbers, Infinex seeks to expand its appeal to the investor audience, making participation more accessible in a context where economic uncertainties dominate capital allocation decisions. The approximately 67% drop in valuation signals a willingness to negotiate and acknowledge the limitations of risk appetite at the current moment.