#代币发行与分配 I just saw the news that Infinex has downgraded the valuation of the INX token, and I was a bit confused but also found it quite interesting 🤔

Previously, the FDV was $300 million, now it’s directly reduced to $99.99 million, and the funding has shrunk from $15 million to $5 million... What exactly is going on here? I read the response from founder Kain several times, and it seems to be saying "We hear your voices, the price was indeed set too high."

This made me think of a fundamental question: how should FDV (Fully Diluted Valuation) be understood? Simply put, it’s the value of the project assuming all tokens are in circulation, right? If the valuation is too high, new participants have to spend more money to buy the same proportion of tokens, no wonder there are negative sentiments 😅

The most interesting part is that they set a one-year lock-up period, claiming it’s to filter out short-term flippers. That’s actually quite clever — it allows genuinely interested project supporters to participate, rather than those who just want to dump at TGE.

Now I’m a bit conflicted. Does this mean the market is really cold, and even the project teams have to proactively adjust strategies to attract participants? Or is this actually a sign of opportunity? I feel like I need to learn more about how to judge the true value of a project... Can any experienced folks help me understand?