Disclaimer and Risk Warning: This content is for informational and educational purposes only and does not constitute financial, legal, or professional advice. It is not a recommendation to purchase any specific product or service. Please consult with qualified advisors for personalized guidance. Participation in this activity may not be available in your region and involves risks. Ensure you comply with local laws and regulations before participating.
Binance Wallet is excited to host an exclusive Token Generation Event on BNB Smart Chain for Mind Network, in collaboration with PancakeSwap.
Token Name: MindNetwork FHE Token (FHE)
Chain: BNB Smart Chain
Start Date: 10th April, 2025 11:00 AM UTC
End Date: 10th April, 2025 12:00 PM UTC
Total Raise Amount: $750,000 in BNB
Available Token: 50,000,000 (5% of the total supply)
Accepted Token: BNB
Price per Token: $0.015 USD in BNB
Subscription Cap per Binance Wallet user: 3 BNB
Participant Eligibility: To qualify, participants must maintain a minimum daily asset value of $100 in Binance accounts for 7 consecutive days before the TGE start date. Check your eligibility on the PancakeSwap TGE event page.
Snapshot Period: April 3, 2025, 23:59:59 UTC – April 9, 2025, 23:59:59 UTC
Snapshot Aggregated Assets:
Assets in Binance Wallet (Keyless): Listed Binance Spot tokens and Alpha tokens, but excluded LSD-type tokens.
Assets in Binance Exchange Account.
Examples
User A has a daily asset value of $50 in Binance Wallet (Keyless) and a daily asset value of $50 in Binance Exchange Account for 7 consecutive days before the TGE start date. He/She is eligible.
User B has a daily asset value of $100 in Binance Wallet (Keyless) and a daily asset value of $0 in Binance Exchange Account for 7 consecutive days before the TGE start date. He/She is eligible.
User C has a daily asset value of $0 in Binance Wallet (Keyless) and a daily asset value of $100 in Binance Exchange Account for 7 consecutive days before the TGE start date. He/She is eligible.
Important Notes: Binance reserves the right to modify event rules and criteria at any time without prior notice. All rule interpretations are solely at Binance’s discretion. Participants are strongly advised to verify the latest rules via official channels before participating.
Allocation: based on a pro-rata basis of a user’s subscription amount against the total amount deposited during the subscription period
Vesting: No vesting
DEX Trading Date: Immediately after 10th April, 2025 12:00 PM UTC in Binance Wallet DEX or on PancakeSwap
Mind Network pioneers quantum-resistant Fully Homomorphic Encryption (FHE) infrastructure, powering a fully encrypted internet through secure data and AI computation. In collaboration with industry leaders, Mind Network is establishing HTTPZ — a Zero Trust Internet Protocol — to set new standards for trusted AI and encrypted on-chain data processing in Web3 and AI ecosystems.
Website: https://www.mindnetwork.xyz/
X: https://x.com/MindNetwork_xyz
FHE is Mind Network’s governance and utility token. It is used for encrypted computation fees, staking for node operations, and participating in protocol governance.
Visit Binance Wallet, click on the activity banner and follow the instructions from 10th April, 2025 11:00 AM UTC to 10th April, 2025 12:00 PM UTC.
Anyone holding BNB on BNB Smart Chain can participate by only using a backed-up Keyless wallet that is created in Binance Wallet with a subscription cap up to 3 BNB per wallet user.
Please ensure you have a sufficient BNB balance in your Binance Keyless Wallet in advance to avoid potential network congestion during the campaign period.
If you do not have BNB on BNB Smart Chain, you can swap in the Binance Wallet Trade tab or deposit directly from your Binance spot account.
Commit your BNB once the subscription period begins.
Allocations are determined on a pro-rata basis, based on the total amount deposited during the subscription period.
You will be able to claim your allocation and unused funds once the subscription period ends.
FHE tokens will NOT be available for trading until the subscription period ends. Any FHE tokens circulating before the time specified above are fraudulent. Please verify the FHE contract address from Mind Network’s official channel before making any trade.
The total allocation pool for this activity is inclusive of all network and gas fees that may incur during the distribution of tokens.
Imported external wallets in Binance Wallet will not qualify for the above event. Only backed-up Keyless wallets that are created in Binance Wallet may participate in the aforementioned missions.
Any exported keyless address will not qualify for the subscribed token claiming.
Binance Wallet and the hosting project reserve the right to disqualify a user’s reward eligibility if the account is considered to be involved in any dishonest behavior (e.g.money laundering, wash trading, bulk account registrations/logins, self dealing, or market manipulation).
The success of the subscription process depends on the operational capabilities of both the blockchain and the project. Please be aware that the subscription action may fail or be delayed, subject to the performance of the blockchain or the project. In the event that the subscription does not go through, Binance holds no responsibility for the outcome or any gas fees incurred.
Mind Network and PancakeSwap will use the closing price of BNB on April 9th , 2025, on CoinMarketCap (CMC) to calculate the subscription price of the FHE token. The actual subscription price may not be consistent with the real-time BNB price when a user subscribes.
An additional 10,000,000 FHE tokens are allocated to the other marketing campaigns (distributed in batches) with the exclusive TGE event. Details will be shown in separate future announcements.
For projects interested in similar opportunities, apply here.
These terms and conditions (“Activity Terms”) govern your participation in this activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
Only users from qualified regions who complete KYC and hold an active Binance Wallet shall be eligible. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance services in each country from which the services are accessed. Tokens will not be distributed to users who delete or deactivate their Binance Wallets.
The success of the subscription process depends on the operational capabilities of both the blockchain and the project. Please be aware that the subscription action may fail or be delayed, subject to the performance of the blockchain or the project. In the event that the subscription does not go through, Binance is not responsible for the outcome or any gas fees incurred.
Users are responsible to ensure they are following the Token Generation Event (TGE) in the project official announcements.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation).
Binance reserves the right, at its sole discretion, to determine the denomination in which a token will be paid, including but is not limited to, FHE tokens or other digital assets.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.
