What is the 'Pre-sale Token' event that Binance will launch today all about?
Get ahead by understanding the rules of the game!
Binance's #币安Alpha上新 has new gameplay! Today, Binance will exclusively launch the Codatta ($XNY) pre-sale token (Pre-TGE) and the Booster event for Binance Wallet!
🍇The event is divided into two parts
🟣Pre-sale Event (Pre-TGE)
- Before $XNY goes live for trading, users can participate in an exclusive subscription.
- Adopting an 'over-subscription' model, each user can deposit up to 3 BNB, and tokens will be distributed based on each participant's total BNB deposit ratio.
- The XNY tokens obtained from the subscription will be forcibly locked and cannot be traded temporarily.
- The total sale amount is 200 million XNY tokens (accounting for 2% of the total supply).
- Participants' Binance Alpha points must meet the standards, and the subscription will deduct Alpha points.
🟣Booster Event
- The challenge lasts for 12 weeks, with a total of 0.5% of XNY tokens distributed weekly, accumulating to 6% in total.
- Participants must maintain at least 61 Alpha Points during this period.
🍇Project Introduction
Codatta is an open decentralized data infrastructure that combines a collaborative network of human contributors and professional AI agents. Contributors and knowledge supporters have the opportunity to earn perpetual royalties from AI innovations based on collectively owned datasets, transforming personal knowledge into lasting digital assets and ongoing rewards.
🍇Bail's Thoughts
Binance Wallet is once again leading the way with a brand new model! Previously, project teams held various activities for data, and now it has been directly integrated into Binance Wallet. It is still uncertain how much impact and influence this will have on the currently popular Infofi tracks, but Binance's grasp on pricing power has certainly increased.
From source data, interaction, pre-sale, task airdrops, to final Alpha trading and exchange listings, all are handled by Binance. At the same time, Binance also plays the role of intermediary and supervisor to ensure that project teams provide a certain percentage of future airdrops, rather than just PUA for the community and users.
