Infinex founder: Relaunching ICOs aims to eliminate the “low circulation, high FDV” scam system
Jinse Finance reported that Infinex founder kain.mega stated on social media that the original intention of restarting the ICO was not to ensure that everyone could profit, but to eliminate the scam system of "low circulating supply and high fully diluted valuation"—under that model, no one can profit except for the three venture capital institutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
