【Blockchain Rhythm】The cross-chain aggregated DeFi platform Infinex recently adjusted its fundraising strategy—eliminating the subscription cap and switching to a bottom-up allocation model. It sounds like the goal is to lower the barrier to attract more investors. But the problem is, this move doesn’t seem to have achieved the desired effect.
As of now, the project has raised over $1.55 million. Their fundraising target is $5 million. Simply put, they have only completed about 30%. In other words, there is still a gap of nearly $3.5 million.
The intention behind the rule adjustment was good, but the stagnation in fundraising progress still reflects that market enthusiasm for this project may not be as high as expected. Such situations are not uncommon in DeFi fundraising—no matter how good the concept is, if the market doesn’t buy in, even the most flexible plans are hard to turn the tide.
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LiquiditySurfer
· 15h ago
Bro, just removing the subscription cap to reverse the situation? That's still the old trick. LP yields are not attractive, and lowering the threshold is pointless.
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30% completion... This fundraising pace is indeed a bit cold. Lack of liquidity depth, no matter how you tweak the parameters, you can't ride the wave.
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Infinex's move is like changing the Martini recipe without changing the liquor; no matter how fancy the concept, if the market doesn't buy it, then you have to accept it.
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The goal of five million dollars, and now only raising a little over one and a half million... Yeah, this is the real face of permissionless finance.
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To put it simply, it's still a matter of capital efficiency. Projects without arbitrage opportunities won't attract whales even with lower thresholds.
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Market-making principles emphasize momentum; Infinex's current momentum is clearly insufficient. No matter how flexible the fundraising plan, it can't save the situation.
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I've seen this move to lower the threshold too many times. In the end, it still comes down to on-chain behavior, and the current data speaks for itself.
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FudVaccinator
· 17h ago
Removing the cap actually makes it worse. What does that mean? It means no one really wants to get in.
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GasFeeGazer
· 01-07 19:03
Canceling the purchase limit actually makes it even less attractive? It shows that this project really has no appeal, no matter how fancy the concept is.
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DeadTrades_Walking
· 01-07 07:49
To be honest, this is a typical case of a good concept cooling off; changing the rules won't save it.
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ProofOfNothing
· 01-07 07:47
Basically, the project team wanted to lower the barriers but ended up exposing the truth. This thing isn't really that valuable.
30% completion rate is really embarrassing, changing the rules won't save it.
Infinex sounds impressive, but does fundraising mean anything? Nobody believes it.
Another project with a nice concept but poor execution, and next month new investors will be duped again.
A 30% completion rate is really just fooling oneself; this funding round is probably going to fail.
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Rugman_Walking
· 01-07 07:43
Lifting the cap won't save anything; this is truly embarrassing.
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MidnightSnapHunter
· 01-07 07:42
Is this the same trick again? Removing the cap to attract people? That's hilarious. Honestly, it's just that the project itself isn't attractive.
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ApeEscapeArtist
· 01-07 07:36
This is a typical case of concept being ahead of the market's acceptance. Infinex's recent move is indeed a bit awkward.
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DaoTherapy
· 01-07 07:25
Basically, no one wants it. No matter how fancy the concept is, it can't withstand the cold market.
Infinex Still Faces Cold Reception After Adjusting Financing Rules: Fundraising Target Completion Rate Only 30%
【Blockchain Rhythm】The cross-chain aggregated DeFi platform Infinex recently adjusted its fundraising strategy—eliminating the subscription cap and switching to a bottom-up allocation model. It sounds like the goal is to lower the barrier to attract more investors. But the problem is, this move doesn’t seem to have achieved the desired effect.
As of now, the project has raised over $1.55 million. Their fundraising target is $5 million. Simply put, they have only completed about 30%. In other words, there is still a gap of nearly $3.5 million.
The intention behind the rule adjustment was good, but the stagnation in fundraising progress still reflects that market enthusiasm for this project may not be as high as expected. Such situations are not uncommon in DeFi fundraising—no matter how good the concept is, if the market doesn’t buy in, even the most flexible plans are hard to turn the tide.