Infinex Shifts to Fair Allocation Model, Replacing $5M Fundraising Plan for Decentralized Exchange

Decentralized exchange (DEX) project Infinex has announced a significant revision to its fundraising strategy. The platform is moving away from its initial plan to raise $5 million through a simple fundraising round. Instead, Infinex will implement a new "fair allocation" model designed to distribute governance power more equitably among its community and early supporters. This strategic pivot aims to foster greater decentralization and user alignment from the project's inception. The new model is expected to detail specific mechanisms for participation and token distribution in the near future, emphasizing a community-centric approach over traditional capital raising.