Is it worth participating in the public sale of Infinex, which is invested by Peter Thiel?

Synthetix founder Kain Warwick's Infinex is about to conduct its TGE, planning a public sale on Sonar with a FDV of $300 million, but with a one-year lock-up period. The founder stated, “Our goal is not to guarantee that everyone can make money.” (Background: Dragonfly partner: Crypto Assets are trapped in financial cynicism, those valuing public chains with PE have already lost) (Background information: Synthetix million-dollar trading competition reveals harsh truths: Can copy trading masters really profit?) On the 27th of this month, the new project Infinex, created by Synthetix founder Kain Warwick, officially announced its upcoming TGE, intending to conduct a public sale on Sonar with a FDV of $300 million, planning to sell 5% of the INX Token supply, with a goal of raising $15 million. Infinex: Full-stack DeFi services Regarding Infinex, Odaily previously introduced the project at its launch and the start of the “mouthful” campaign. For details, please refer to “First day 'absorption' over $50 million, a shallow analysis of Synthetix founder's new project Infinex,” and “Infinex joins mouthful with $60 million in financing, a quick guide to the four major module rules and interaction methods.” From a positioning perspective, it is difficult to find a concrete application category to define Infinex. Combining Infinex's own description, you can view it as a full-stack DeFi service window—firstly, Infinex itself will be a non-custodial Wallet covering multiple chains; secondly, users can access various integrated DeFi services through Infinex; most importantly, throughout the entire Infinex usage process, a series of complex concepts such as Wallet Address, cross-chain bridges, mnemonic phrases, and gas will be abstracted out, allowing users to access more DeFi applications seamlessly like using CeFi products without needing to understand or even know these concepts. As of the publication of this article, Infinex has integrated 15 networks including Ethereum, Solana, and Base, and the DeFi services provided have covered multiple categories such as cross-chain trading (Swidge), Perptual Futures, liquid staking, and other yield-generating services (Earn). Valuation status and Token economic model Infinex's Token economic model is relatively unique, and many long-term participants in the project have been puzzled by it. Let’s briefly summarize it. Last September, Infinex raised a total of $67.696 million by selling 43,244 Patron NFTs to the community through several rounds of so-called “sponsored” financing models. Angel investors including Peter Thiel's Founders Fund, Wintermute Ventures, Framework Ventures, and Solana Ventures, as well as Ethereum co-founder Vitalik Buterin, Solana co-founder Anatoly Yakovenko, and Aave founder Stani Kulechov participated in the NFT subscription. According to Infinex's official documents and Kain Warwick's own explanation, the total supply of Patron NFTs is 100,000, and the total supply of INX Tokens is 10 billion, with each Patron NFT corresponding to 100,000 INX Tokens. After the NFT sponsorship event concluded, Infinex released the distribution of Patron NFTs, detailed as follows: