For posterity, let us pour one out for @infinex's attempt at a $1b valuation and anyone who believed that it was remotely reasonable. @MoonrockCapital : I am calling it now, this {Infinex} is going to be one of the most successful and sustainable TGEs of this cycle. And one that future founders will study and try to replicate." TLDR: This is not 2021 anymore and it genuinely warms me that the crypto markets are starting to view new projects thru a lens of moat and revenue vs hopium.