Sonar Sale Modifications Resulting from Decreased Demand

Sonar Sale Modifications Resulting from Decreased Demand

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by Katerina Papadopoulou

9 months ago

Made with AI

Infinex has announced significant changes following the Sonar Sale, which ran from January 3 to 10, 2026. The event, aimed at raising funds through token sales, faced lower-than-expected demand, prompting the company to reevaluate its strategy. The source notes that this shift may lead to new opportunities for investors in the future.

Overview of the Sonar Sale

The Sonar Sale initially aimed to offer 5% of the total token supply, with a target of raising 15 million. However, due to insufficient interest from investors, Infinex has decided to adjust the effective Fully Diluted Valuation (FDV) and the allocation of tokens.

Adjustments to Token Allocation

This move is intended to better align with current market conditions and incorporate feedback from the community. It ensures a more sustainable approach moving forward.

Infinex recently unveiled the tokenomics for its INX token, detailing its distribution strategy and key functions. This announcement comes in the wake of adjustments following the Sonar Sale, highlighting the company's commitment to sustainability. For more details, see INX tokenomics.

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