Infinex (INX)

What happened to $INX here? A couple weeks ago, everyone was saying it was a "no brainer" to invest in this at $300m FDV (no lock-up) or $100m FDV for 12-month lock up. @Polymarket showing only 26% this will be above $300m one day after TGE. Pretty poor. TGE tonight. How we playing this? I might take that "No" on $200m at 37%.

At age 20, I lost 100k due to overtrading. Everyone knows, yesterday @infinex had its TGE. A project that raised as much as $72 million, backed by notable VCs such as Solana, Founder Fund, etc. The TGE's FDV was only 150M On that day, I was really, really sad. So sad that it's hard to describe the feeling in words. In total I spent 4,400 USD buying NFTs, and another 7,500 USD participating in the ICO. As of now, $INX's FDV is only 150M. On paper, I've already lost 2,900 USD + 11,284 INX (still locked), currently a loss of 100k RMB Anyone who knows me well knows I have been following this project since December of the year before last Up to today I have been with this project for a full 406 days I don’t know how many of you first learned about me through this article https://t.co/ZN716GRBjz When I was 25, I achieved the top rank in the Chinese region for Infinex Back then I was so proud, now I’m as embarrassed as I am awake If I say at the beginning I joined it, there was indeed a money motive— I do not deny But later, I truly used and believed in Infinex's product, team, and VC background There is another reason I’m reluctant to admit, yet very real: Fame I hope that one day, someone can win a real victory in a project because of me Like @0xzhaozhao — mentioning STRK brings him to mind; Like Teacher ChaBuSi — mentioning Lighter brings him to mind I also want to become that kind of person who can lead everyone to a win But reality dealt me an extremely cruel blow The @kaiynne team's greed, Repeatedly changing the ICO terms, Ignoring and arrogantly dismissing community voices, Completely turned this TGE into a disaster. Kain made everyone who believed in him pay the price of his arrogance In this project— VCs, community members, ICO participants, NFT holders, none of the participants actually profited Our 406 days of investment, discussion, waiting, seem to have become a joke. And even now, as long as someone mentions INX's price in TG, the response is only Kain's arrogant clown face. Honestly, after getting through the most sad period yesterday, I actually have something to be grateful for: All this happened when I was 20. I still have plenty of time to waste But what makes me most sad is: I couldn't bring anyone to a win

Be Infinex Original Presale Announcement (November 27, 2025): → 5% of total INX supply for sale → $300M fully diluted valuation → $15M raise target → 1-year lockup on all tokens → Early unlock option priced at $1B FDV → $2,500 maximum order per person → Lottery allocation for non-Patron holders → TGE scheduled for January 15, 2026 The Backlash: Community immediately revolts: → “Retail locked, VCs liquid” → “Whales hate the $2,500 cap” → “Everyone hates complicated rules” → “12-month vesting is a problem right now” → “Nobody can tell if we’re bull or bear” Emergency Pivot (Mid Sale): December 2025 - Team cuts FDV: → Drops from $300M to $99.99M FDV → Drops raise from $15M to $5M → Keeps 1-year lockup → Keeps early unlock at $300M FDV → That’s now a 200% FDV gap → Still maintains $2,500 cap January 3, 2026 - Sale Opens: Day 1 results: → $448,000 raised → Against $5M target → 8.96% of goal → 90%+ still unmet → Community: crickets January 5, 2026, Emergency Rule Change: Mid sale panic adjustments:

We interviewed @kaiynne Kain Warwick ( @infinex & @synthetix ) ahead of the INX TGE. His big thesis: OG DeFi was wrong—users won’t “learn decentralization.” If the base layer is decentralized and you can always exit, the frontend UX needs to be as seamless as fintech (at least). That's what Infinex is optimizing for. We also unpack: • INX sale backlash + what he’d do differently • Why “self-custody” still isn’t a growth hook post-FTX • Kaito/InfoFi incentives turning CT into slop • Why Infinex integrates “competitors” like Hyperliquid • His PMF metric: share of wallet, not TVL Watch:

They literally used every tactic in the crypto scam playbook. Fake LPs to fluff tvl. fluff the fdv at $1b, moonrock capital and bunch of fake accounts shill it. Drop fdv to $300m and try raise again. Fail. Then raise at $100m. Fail. Fake last min raise and fluff polymarkt🤡🫵 https://t.co/0HA8Qix9cm