According to the announcement from Binance, the platform is set to introduce two exclusive campaigns for Codatta within the Binance Wallet. The first initiative, the Pre-TGE Campaign, allows eligible users to subscribe to Codatta’s governance token, XNY, before it becomes tradable. This campaign follows an over-subscription model, permitting up to 3 BNB deposits per user. Token allocation is proportional to the total BNB deposited by all participants. After the subscription period concludes, users can claim their XNY tokens, with unused BNB automatically refunded. However, these tokens are subject to a mandatory lock-up period and will not be immediately tradable. Trading will commence only after the project team decides to enable circulation.
The Pre-TGE Campaign details include a total raise amount of $100,000 in BNB, with 200,000,000 XNY tokens available, representing 2% of the total supply. The price per token is set at $0.0005 USD equivalent in BNB, with a subscription cap of 3 BNB per Binance Wallet user. Participants must have sufficient Binance Alpha Points to qualify. The exact start date and Alpha Points requirement will be announced soon on the official Binance Wallet X account.
In addition to the Pre-TGE Campaign, Binance will also launch the Codatta Booster Campaign, a 12-week challenge offering users a chance to earn a share of up to 0.5% of the total XNY token supply each week. This campaign is open to all Binance Wallet (Keyless) users with 61 or more Binance Alpha Points. The Booster Campaign is designed to reward early supporters of the Web3 ecosystem. More details will be provided on the Codatta Booster Events page, which will be published on the official Binance Wallet X account in the coming days.