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Details: https://www.gate.com/announcements/article/47889
Infinex's public fundraising has come to a perfect conclusion. This round of financing was substantial — 868 participants contributed a total of 7.214 million USDC, and the project team allocated approximately $5 million worth (equivalent to 5% of INX's total supply) to give back to the community.
The most impressive part is this anti-fraud mechanism. After the project team identified and removed about $1.2 million in whale funds, fairness in distribution was ensured. What was the result? Participants all smiled — 99.5% received full allocations, with the maximum allocation per account being $245,000.
Even more considerate, approximately $2.21 million in refunds have already been fully distributed to users' wallets. This transparent and efficient approach indeed sets a good benchmark for fundraising processes. For participants, not only did they receive token allocations, but they also felt the sincerity of the project team.