#代币空投与发放 Seeing the Infinex founder proactively lower the INX valuation from $300 million to $99.99 million, my first reaction wasn't surprise, but rather some reflection.

Behind this decision lies a very real issue: no matter how good a project is, unreasonable pricing inevitably breeds negative sentiment among holders. The founder candidly acknowledged that "the current market is already flooded with too much negative sentiment," and this kind of awareness itself deserves recognition. Setting a one-year lockup period to filter out short-term speculators also reflects the project team's protective consciousness for long-term participants.

However, I want to remind you that valuation adjustment itself is not the endpoint, but rather an observation point. Whether repricing can truly attract rational investors still depends on subsequent market performance and community feedback. More importantly, before participating in any token sale, we should ask ourselves several questions: Does this project's fundamentals support the valuation? Can I withstand price fluctuations during the lockup period? Is the allocation proportion reasonable in my overall asset portfolio?

A long-term mindset isn't just talk—it needs to be reflected in every concrete decision. When choosing to participate, also choose peace of mind.