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Infinex NFTs: A New Era in Crypto Fund Management

Infinex NFTs: A New Era in Crypto Fund Management

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Infinex's NFT collection, Patrons, hits $67.7M in investments, showcasing the influence of crypto fund managers and the evolving NFT market.

I came across this article about Infinex's NFT collection, Patrons, and I have to say it's pretty interesting. Despite the bear market we're in, they've managed to pull in over $67.7 million in just six weeks. That's a lot of cheddar for an NFT collection, especially when backed by big names like Peter Thiel. It makes you wonder if we're on the cusp of a "post-CEX era" in crypto trading.

The Success of Infinex's NFT Collection

So here's the deal: Infinex launched their Patrons NFT collection and it’s doing crazy numbers. They hit that $67 million mark with support from Founders Fund, which is co-founded by Peter Thiel—yeah, the same guy who was one of PayPal’s original founders. The platform is designed to be non-custodial and aims to make it easier for people to access on-chain protocols and decentralized applications (DApps). They’re claiming this is just the beginning of a new phase for our industry.

What’s even more fascinating is that they announced the unlocked NFTs can be withdrawn as of October 28th. That means people can sell them on marketplaces like OpenSea, where the floor price is currently sitting at 1.22 Ether (ETH), which is over $3K right now. Other investors include some heavy hitters like Solana Ventures and Moonrock Capital.

The Role of Crypto Fund Managers

Now let’s talk about crypto fund managers for a second—they're basically steering the ship when it comes to how these NFT assets are valued and what trends we see in the market. According to a report by Citi, these fund managers can use smart contracts to make everything run smoother, which adds another layer of efficiency when managing these assets.

They also help tokenize assets and engage with Decentralized Finance (DeFi), making things more liquid and less costly while improving client experience. But here’s the kicker: they need to keep an eye on emerging trends because that’s how they’ll capitalize on this growing market.

Is We Really Heading Towards A Post-CEX Era?

The idea that we might be heading into a post-CEX (Centralized Exchange) era isn’t as far-fetched as it sounds—but let’s not kid ourselves; it’s not happening anytime soon. Centralized exchanges are still super important because they’re user-friendly and liquid as hell. They’re basically the go-to spots for both retail and institutional investors right now.

Sure, decentralized finance (DeFi) platforms are gaining traction but let’s face it—they’ve got their own set of problems like lower liquidity and higher fees. That said, advancements like AI and layer 2 solutions are making both CEXs and DEXs more efficient.

High-Profile Investments & Market Dynamics

High-profile investments usually focus on tech innovations that tackle sustainability issues—like blockchains that use less energy for minting NFTs. Tezos seems to be winning that race right now since its eco-friendly approach appeals to startups looking for greener pastures.

These big investments can also push regulatory clarity forward—something crucial for keeping markets stable and attracting more players into the fold.

As we look ahead, it's clear we're not going back; we're only moving forward into an increasingly complex landscape where fund managers will play an even larger role in shaping values—and maybe even creating new ones along the way.

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Last updated
October 28, 2024

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