Binance Wallet users are preparing for the 16th Token Generation Event (TGE) featuring Privasea AI (PRAI), a privacy-focused AI protocol. Only users with enough Alpha Points can participate in the event. Privasea AI launched its PRAI token on PancakeSwap DEX, with participation limited to a select group of users. Following the TGE, PRAI's price surged by 1,458%. New rules for Binance Wallet's TGE have sparked discussions among users. Participants need 198 or more Alpha Points to qualify, with a unique eligibility clause for those with 162-197 points. The project uses Fully Homomorphic Encryption for AI tasks and powers decentralized governance across multiple chains. Binance Alpha's trend of spotlighting early-stage projects continues with Privasea AI. The competition for Alpha Points has intensified, driving trading volume on Binance Wallet. The PRAI event may shape future TGEs on the platform, emphasizing the importance of Alpha Points for community rewards and token launches. Read more AI-generated news on: https://app.chaingpt.org/news