Based on AiCoin, on November 28, Infinex founder Kain.mega stated on social media that the platform's decision to reintroduce ICOs is not to guarantee profits for all participants, but to eliminate the 'low circulation, high fully diluted valuation' scam model. Under this model, profits are largely limited to three venture capital firms, with almost no gains for others.
Infinex Founder Says Reintroducing ICOs Aims to Combat 'Low Circulation, High FDV' Model
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