Key Highlights
- Kain Warwick, the founder of Infinex, has shared details for the project’s upcoming $15 million token sale with a fixed valuation of $300 million
- All purchasers in the sale will initially have their tokens locked for 1 year, with a single release of 5% of the total supply scheduled for January 2026
- The accelerated vesting price will gradually decay from the $1 billion mark back down to the original $300 million valuation over the lock-up period
On November 27, Kain Warwick, the founder of popular projects Infinex and Synthetix, revealed his plan related to developing a new kind of application, a “superapp.”
Everyone can bid. Same terms.
5% of INX. $300M FDV.
Sonar Sale details below. pic.twitter.com/2YjvTZYUVK
— Infinex (@infinex) November 27, 2025
He also revealed important details behind the project’s upcoming $15 million token sale. The sale is locked at a fixed valuation of $300 million for the project. Warwick stated that getting the price right is the most important factor for a successful launch.
According to the details, this application is designed to address the major issues users face when dealing with decentralized finance or DeFi. This app will make it easy to use cryptocurrencies as simply as using a normal financial app.
While speaking on a podcast, Warwick revealed that Infinex will offer an interface that feels like a centralized exchange. It will handle the complex parts of blockchain technology in the background. This means users can log in with a simple passkey instead of managing long recovery phrases. It also allows for trading across different blockchain networks without the usual complications.
Major Funding Round Through a Public Token Sale for Infinex Token
The platform is already operational with half a billion dollars in user deposits and supports networks like Ethereum, Solana, and Arbitrum.
In the latest post, the project has revealed its plan to launch its own token, called INX, in January 2026. Ahead of that launch, Warwick disclosed a major fundraising plan.
According to the official announcement, a $15 million Initial Coin Offering for the INX token will be hosted on a platform called Sonar. This sale values the entire Infinex project at $300 million. This new public sale comes after a previous, highly successful fundraising round in September 2024 that raised $67.7 million from major industry investors.
“The ICO meta is back. I believe ICOs are far better than airdrops, which leak value all over the place. This will test whether I am right. That said, Mafiosos gotta feed their families, or at least deliver them cigarettes, so we have made concessions to CT via Craterun,” he said in the official announcement.
How the INX Token Will Be Distributed
The new $15 million token sale on Sonar is intended to allow a large group of people to own a part of the INX token. Initially, all of these tokens will be distributed to the holders of a special “Patron” NFT from Infinex.
A major portion of the tokens, 33%, will be held in a treasury. This reserve will be used for future project incentives, sales, and to ensure the project’s long-term health. Importantly, Warwick has confirmed that the team behind Infinex has locked up their own token allocations for an additional 12 months after the token launch.
After citing investors’ disappointment with the token locking period, Warwick introduced a two-tiered system for the SONAR ICO. All purchasers in the sale will initially have their tokens locked for 1 year, with a single release of 5% of the total supply scheduled for January 2026.
However, the plan also includes an “accelerated vesting” option to provide flexibility. If a buyer wants to access their tokens for trading sooner, they can do so by agreeing to a higher effective valuation of $1 billion.
It means that if the public market price of the INX token trades above that $1 billion valuation, it becomes financially logical for some sellers to unlock their tokens early. This mechanism is designed to gradually release tokens into the market over the year instead of a large sell-off event on the unlock date.
The accelerated vesting price will gradually decay from $1 billion mark back down to the original $300 million valuation over the lock-up period.
With $15 million or 5% of the token supply, Warwick shared two paths for participation to provide wider access with a reward for early supporters.
The first path of allocation is for holders of the liquid Patron NFT. These early backers will receive a predetermined allocation size based on the number of NFTs they hold.
- One Patron = $2,000 allocation
- Five Patrons = $15,000 allocation
- Twenty-five Patrons = $100,000 allocation
- One Hundred Patrons = $500,000 allocation
The second path is a lottery system open to the wider public. The public lottery will have a minimum allocation of $200 and a maximum of $5,000 per person. If half of the total sale is claimed by Patron NFT holders, it would leave room for up to 1,500 people to receive the maximum $5,000 allocation, or several thousand more with smaller average bids.
