This will be my last post on the
$IF situation because I’ve said everything I need to say.
First, I was a late
$IF holder. Most of you were in
$IF before me. I got involved around 20 days ago. If anything, I came in and pumped the bags many of you were holding.
Second, the only reason a lot of people here even know about the limitations surrounding
$IF and potential Tier 1 listings is because I went out of my way to speak with technical and legal advisers and conduct extensive research into the project.
Without that research, plenty of people would probably still be sitting here assuming
$IF had a straightforward path to exchanges like Robinhood, Binance, Kraken and others without understanding the structural issues that could stand in the way.
The deeper I looked, the more issues I found.
Noxa was a major part of the original infrastructure around
$IF, yet the Noxa launchpad is no longer operational.
The creator fees that were meant to support the ecosystem are also no longer flowing in the same way, and the burn mechanism itself was tied into Noxa infrastructure. That matters because people were talking about burns, fees and long term sustainability without fully understanding how dependent parts of that system were on Noxa.
There were also questions around control of the token, liquidity, creator infrastructure and whether a community takeover actually has the level of control required to satisfy major exchange requirements.
I didn’t just sit there speculating about it either.
I went out of my way to identify the original creator behind the project and attempted to contact him directly to see whether there was any way he could help, provide access, clarify the situation or assist the community going forward.
I was actively trying to find solutions.
I looked into what could potentially be recovered, what could be changed, whether the infrastructure could be rebuilt, what control the community actually had and what limitations would remain even if everyone involved wanted to move forward.
That is the part people seem to ignore.
It would have been much easier for me to stay quiet, continue posting bullish content and let everyone believe everything was perfect.
Instead, I shared information that went directly against the bullish narrative because people deserved to know what I was finding.
My position changed because the information available to me changed. That is literally what risk management is.
When I entered, I was bullish based on what I knew at the time. Once I researched deeper, spoke to advisers and identified risks I hadn’t previously understood, I adjusted accordingly.
You can disagree with my decision to exit. That’s completely fine.
But pretending I came into
$IF early, pumped it onto everyone else and then disappeared is simply not what happened.
I came in late, brought additional exposure, spent my own time researching the project, spoke to advisers, tracked down the creator, attempted to contact him, looked into possible solutions, uncovered issues most people here weren’t discussing and then shared those findings publicly.
I genuinely tried to help the project before changing my position.
People can take that information, do their own research and make their own decision. That’s the entire point.
I’m not going to keep going back and forth over it. My position and reasoning are clear, and this is the last thing I’ll be saying about
$IF.