#What is the purpose of Infinex’s ICO?
Infinex is conducting a substantial initial coin offering aimed at raising $15 million through the Sonar platform. This event occurs at a valuation of $300 million and is expected to take place in January 2026. The ICO highlights Infinex's strategy to bolster its DeFi platform by seamlessly integrating with various blockchain ecosystems, thereby enabling a broader range of applications and services.
#How will the INX token function within the platform?
The INX token, once launched, will serve critical roles such as facilitating governance and providing ecosystem incentives. This means that token holders will have a say in the direction of the platform and benefit from various incentives designed to enhance user engagement. Additionally, the allocation strategy is particularly considerate of existing holders of Infinex Patron NFTs, ensuring they receive priority in the distribution of tokens while also allowing room for new participants in the ecosystem.
#What makes Sonar a suitable launchpad for this ICO?
Sonar offers advanced compliance tools that facilitate public token sales. By leveraging Sonar's infrastructure, Infinex aims to ensure a smooth fundraising process that adheres to necessary regulations. This platform not only provides flexible options for community fundraising but also positions Infinex favorably as it prepares for the token launch.
Ahead of the upcoming token generation event, Infinex is already engaging its community through various incentive campaigns. This preparation includes previous rounds such as the Patron NFT initiative, which helps fortify community ties and encourages active participation prior to wider public engagement.