Infinex adjusts its public offering rules: The subscription cap has been removed and allocation is now bottom-up, while the lock-up mechanism and Patron priority rights remain.

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According to BlockBeats, on January 5th, Infinex posted on social media acknowledging that the team had "messed up" the public sale and released the following rectification plan:

• The subscription cap has been removed, and the maximum limit of US$2,500 will no longer be set.

• The allocation will be changed to a bottom-up approach, replacing random allocation with a "maximum-minimum fair allocation method". The allocation amount for everyone will increase synchronously until the allocation is full or the supply is exhausted.

Patron's priority will be retained; Patron will still have priority in allocation, but this will have to wait until the sale is completed.

• The lock-up mechanism is retained, as the team firmly believes that it can establish a long-term interest-based connection for those who truly endorse the product.

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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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