Infinex announced plans to distribute 5% of the Sonar token supply before the INX token generation event (TGE) in January 2026, aiming to raise $15 million, with a fully diluted valuation of $300 million.
This distribution builds on last year's successful Patron NFT sale that raised $67.7 million, aiming to expand the range of token holders. The allocation is divided into two paths: Patron NFT holders can receive an allocation of up to $500,000 based on their holdings, while non-holders participate through a lottery mechanism, with a cap of $5,000 per person.