Binance Wallet is set to launch its 16th exclusive Token Generation Event (TGE) featuring Privasea AI (PRAI) on the BNB Smart Chain in partnership with PancakeSwap.
Event Details
Token Name: Privasea AI (PRAI)
Subscription Window: May 14, 2025, from 10 AM to 12 PM (UTC)
Tokens Offered: 20,000,000 PRAI (representing 2% of total supply)
An additional 40,000,000 PRAI for upcoming campaigns
Individual Allocation Limit: Maximum 3 BNB per Binance Wallet participan
Participation now requires Alpha Points for eligibility
PRAI tokenomics
30% - Mining 1
8% - Team
5% - Mining 2
12.97% - Marketing and Community 1
2% - Marketing and Community 2
10.05% - Reserve
13.45% - Investors
0.5% - Strategic
9.04% - Early contributors
4% - Liquidity
2% - Binance IDO Wallet
3% - Future Airdrop
What is Privasea AI?
Privasea AI is developing the DeepSea AI Network, a decentralized platform that prioritizes data privacy through technologies like Fully Homomorphic Encryption (FHE).
The PRAI token is central to this ecosystem, enabling a variety of use cases: it powers AI-driven services on the DeepSea Network, acts as gas fees for transactions on the Privasea network, supports Proof-of-Humanity (PoH) verification, facilitates the activation and customization of AI agents, and enables staking for network security. In the future, PRAI will also be used for network governance, allowing token holders to participate in decision-making processes.
How to Participate in the PRAI TGE Event
To be eligible, users must have sufficient Alpha Points. You can check your eligibility for participation on the TGE event page on PancakeSwap.
Additionally, users should take note of the following:
Create Binance Account. Update the Binance app to the latest version.
Access Binance Wallet, select the event banner, and follow the instructions before 10 AM on May 14, 2025 (UTC).
If you don’t have BNB on the BNB Smart Chain, you can swap for BNB [coin id=bitcoin]BTC[/coin] within Binance Wallet or deposit directly from your Binance Spot account.
Commit your BNB as soon as the event starts.
Token allocation will be based on the proportion of your committed amount relative to the total BNB contributed.
Users can claim their PRAI tokens and any unused balance after the event concludes.