The primary investment opportunity is to participate in the upcoming Infinex "Crate Run" campaign to earn vouchers for the INX token sale. To secure the best potential entry price, participate within the first week of the campaign, as the most valuable vouchers will be distributed early. A public sale for INX will also occur on the Sonar platform in December, ahead of a late December 2023 or early January 2024 token launch. For guaranteed exposure, consider purchasing an Infinex Patron NFT on a secondary market, which converts to 100,000 INX tokens. If you have traded on platforms like Hyperliquid or GMX, connect your wallet to Infinex during the campaign to claim potential retroactive rewards.

Infinex (INX)

• Infinex is being built as a crypto "super app" with the goal of creating a decentralized finance (DeFi) user experience that is superior to centralized exchanges.
• The platform aims to be an all-in-one solution where users can buy any token, trade perpetuals (perps), borrow/lend, and have confidence in custody, all with a simple login.
• The team is avoiding a traditional airdrop for its INX token. The speaker, Kain Warwick, believes airdrops encourage users to immediately sell the token ("dump it") without engaging with the platform.
• Instead of an airdrop, Infinex will run a "Crate Run" campaign. Users will earn "crates" by performing certain actions.
• These crates will contain vouchers that give users the opportunity to buy the INX token at various valuations, ranging from a $1 million Fully Diluted Valuation (FDV) up to $500 million FDV. This is designed to feel like a "jackpot" and incentivize genuine participation.
• A public sale will also be conducted on the Sonar platform before the token launch to allow for wider distribution.

Takeaways

• Primary Opportunity: The main investment opportunity is to participate in the upcoming "Crate Run" campaign to earn vouchers.
  • To maximize your crates, you should prepare to connect your X (Twitter) and Telegram accounts, import existing crypto wallets (especially those with a history of trading on perps platforms), and actively use the Infinex platform.
  • There will be retroactive crates for users with historical trading activity on platforms like Hyperliquid, GMX, and Synthetix.
• Key Alpha: The most valuable vouchers (offering the chance to buy INX at the lowest valuations like $1M FDV) will be distributed in the first few days or the first week of the campaign. Early participation is critical to getting the best potential entry price.
• Timeline: The Crate Run campaign is the first step. This will be followed by a Sonar sale in December, with the Token Generation Event (TGE) for INX expected in late December 2023 or early January 2024.
• Secondary Opportunity: Investors can monitor announcements for the Sonar sale for another chance to purchase INX tokens before the public launch.

Infinex Patron NFTs

• The Patron NFTs were the original fundraising mechanism for Infinex, acting as an early version of an ICO.
• There are a limited number of holders (~900 liquid holders), which the team believes is not wide enough distribution for a major token launch.
• All INX tokens will initially be distributed to Patron NFT holders.
• The conversion rate is 1 Patron NFT for 100,000 INX tokens.
• After the token distribution, the Patron NFTs will convert into a PFP (Profile Picture) NFT.

Takeaways

• Guaranteed Exposure: Holding an Infinex Patron NFT is currently the only way to have guaranteed access to a large allocation of INX tokens.
• Investment Strategy: An investor could consider purchasing a Patron NFT on a secondary marketplace like Blur or OpenSea.
• Risk/Reward: You would need to weigh the current market price of the Patron NFT against the potential future value of the 100,000 INX tokens you would receive. This is a higher-capital, direct-exposure strategy compared to participating in the Crate Run.

Perpetual Trading Platforms (Hyperliquid, GMX, dYdX, Synthetix)

• These platforms were mentioned as examples of decentralized perpetuals exchanges.
• Infinex is targeting users of these platforms for its initial user acquisition campaign.
• Historical trading activity on these platforms will be a factor in determining retroactive rewards for the INX Crate Run.

Takeaways

• Passive Opportunity: If you have a history of trading on Hyperliquid, GMX, dYdX, or Synthetix, you may be eligible for retroactive "crates" from Infinex.
• Actionable Step: Be prepared to connect the wallet(s) you used on these platforms to Infinex once the Crate Run campaign begins to claim any potential rewards. This could give you a head start in earning vouchers for the INX token sale.