Infinex founder kain.mega announced on social media that the platform will reintroduce Initial Coin Offerings (ICOs) to address the prevalent 'low circulation, high fully diluted valuation' scam system. This move aims to disrupt a model where only a few venture capital firms benefit, rather than ensuring profits for all participants. The decision marks a strategic shift to promote fairer distribution and transparency in the crypto market.
Infinex Founder Advocates ICO Revival to Combat Valuation Scams
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