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Infinex Decentralized Exchange Raises $67 Million in Successful NFT Sale
Successful NFT Sale Raises Funds for Infinex
An impressive fundraise of over $67 million was achieved by Infinex, a decentralized exchange platform developed by Synthetix, through its recent Patron NFT sale. This sale, which took place recently and concluded on a high note, attracted significant participation from various venture capitalists, angel investors, and members of the NFT and crypto communities.
Infinex: Revolutionizing Decentralized Exchanges
Infinex, introduced in July 2024, is designed to compete with centralized exchanges as a decentralized exchange platform from Synthetix. Synthetix, a decentralized finance (DeFi) protocol, enables users to create and trade synthetic assets known as “Synths” on the Ethereum blockchain. Infinex aims to enhance the DeFi experience for users while addressing key issues in the decentralized exchange (DEX) market.
Notable Participants in the NFT Sale
The successful NFT sale saw participation from venture capital firms such as Fund Founder, Wintermute Ventures, Framework Ventures, and Solana Ventures. Additionally, prominent figures in the crypto space like Ethereum co-founder Vitalik Buterin, Solana co-founder Anatoly Yakovenko, and Aave founder Stani Kulechov also took part. With a total value of $125 million, Infinex is poised for significant growth.
Infinex Patron NFT Collection Overview
During the NFT auction, 43,244 Patron NFTs were sold across multiple blockchain networks including Ethereum, Solana, Arbitrum, Base, Polygon, and Optimism. These NFTs are now available for resale on platforms like OpenSea and Blur NFT marketplaces. The Infinex Patron NFT collection, consisting of a limited edition of 100,000 NFTs on the Ethereum network, marks a significant milestone for the project.
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Another notable mention in the NFT space is the launch of Pepe Unchained, a layer 2 meme coin ecosystem that garnered substantial attention, including coverage in Cointelegraph. With solid audits from SolidProof & Coinsult and impressive ICO fundraising nearing its end, Pepe Unchained has raised over $10 million, making it a highly sought-after crypto debut.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
