Infinex Founder Plans ICO Restart to Combat High FDV-Low Supply Models

Infinex’s founder proposes an ICO revival to replace token structures favoring select venture capitalists, aiming for fairer retail access and improved price discovery.

Summary

Infinex founder kain.mega announced that the planned revival of Initial Coin Offerings (ICOs) seeks to address issues inherent in the high Fully Diluted Valuation (FDV)-low circulating supply model. He criticized the old structure for disproportionately benefiting a small group of venture capitalists while excluding retail investors from meaningful profits. The new approach aims to provide fairer early access to tokens and facilitate better price discovery.

Terms & Concepts
  • FDV (Fully Diluted Valuation): The total market value of a cryptocurrency if all possible tokens were in circulation.
  • ICO (Initial Coin Offering): A fundraising method where new cryptocurrencies are sold to investors to raise capital.