2026-01-04 16:28:13

Infinex public fundraising has been underway for 30 hours, and so far only $491,000 has been received, with 304 participants. The fundraising progress is less than 10%.

This result is indeed a bit surprising. It’s worth noting that this project last year raised $65.3 million from institutions, indicating high popularity and recognition. However, the tepid response to this public offering may be related to its lock-up mechanism — a one-year lock-up period, with penalties for early unlocking, and the valuation being readjusted after unlocking. Such a design is not very friendly to ordinary investors, creating a high barrier.

What does the gap between the enthusiasm for institutional funding and the cold reception of the public offering reflect? Is it a change in market sentiment, or a decline in the project’s attractiveness? It’s worth observing.

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Gm_Gn_Merchant

· 01-05 19:56

Oh no, locking up for a year and still facing a penalty? You're really digging your own grave. --- Institutions dare to push forward, retail investors just back down. The gap is too big. --- The 65.3 million financing from two years ago is now cold and dead, really disappointing. --- This design is really unfriendly; ordinary people simply can't get in. --- Does the valuation need to be readjusted? Looks like it's a definite loss. --- Forget about 490,000; what are the 304 people gambling on? --- From hot to cold so quickly, the project team needs to reflect. --- Lock-up period plus penalties plus valuation adjustments—triple strikes. Who dares to touch it? --- Is the treatment gap between institutions and retail investors really this big? --- Wow, this kind of design is just discouraging.

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FlashLoanLarry

· 01-04 16:58

Is there a penalty for locking up for one year? This design is really outrageous, no wonder no one is buying.

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BridgeJumper

· 01-04 16:55

Oh my, a one-year lock-up with a penalty fee, who can withstand that?

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MidnightSeller

· 01-04 16:55

Locking for a year also incurs a penalty? Who would dare to touch that? Institutions are just taking advantage of retail investors.

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FudVaccinator

· 01-04 16:45

Haha, this lock-up design is really clever. The project team is forcing retail investors to stay away from it. --- Institutions eat the meat, retail investors drink the soup, and they still have to be locked in for a year. Who would want to do this deal? --- 49,0000, just 49,0000. Anyway, I won't be cut by the penalty mechanism. --- Falling from over 60 million directly to this state, Infinex is a bit disappointing. --- Basically, they don't want retail investors' money; they only want institutional cheap financing. --- This kind of valuation adjustment gameplay makes me feel uncomfortable. --- 304 innocent victims, what are you waiting for? Keep waiting, and you'll become the next retail investor.

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tokenomics_truther

· 01-04 16:31

Lock for 1 year and still have to pay a penalty? That's outrageous, no wonder no one is coming.

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