why should you stop farming Infinex?
it took 5-15% of the total mindshare
and distribute $6M among the community
but is it real? is it real 6M??? could you sell them one day
let's dive in ↓
on Kaito, you farm 1% from total NFT collection supply
it's converted in µPatrons, which have the next convert rate:
1 Patron (NFT) = 1M µPatrons
1 Patron (NFT) = 1.8 ETH ($4,400)
interesting facts on this NFT collection:
> MC of collection = $440M
> almost 97% supply is on 3 wallets
Here're the list of these wallets:
0xb55eaa08134c8f46c25e568b8446c0bbeeb26e83
0x262c3ed0f1542550964b122cc0156192ddc2d62c
0x52f43bbe279571faf2005ead11441599874fb7bb
> total trading volume on $440M MC is 3,872 ETH (too low)
> listed only 40 NFTs
> daily volume 4-40 ETH
but you get µPatrons by the value of this NFT collection
which is totally manipulated
i know that they have plans on this NFT collection
and maybe into the future it will have much more value
but don't think that you have a PvP for $6M...
no, it's not real value and you still can't sell it
is it bad to farm them?
up to you, don't wanna give any bad advices
just DYOR and make your own decision
don't forget also to analyze their platform, if it's unique etc.
just gave you my vision and I detect it as manipulated value
but absolutely up to you

I dont yap about infinex anymore mainly cuz it's too competitive
but tbh infinex product is unique here
Have you used infinex product at least once?
What’s unique?
- Passkey log in
- Swidge

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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