Binance Wallet TGE starts with Four.Meme
This launch departs from traditional TGEs with a fixed price, offering real-time pricing based on demand.
Users will be able to purchase tokens for BNB, and their price will dynamically change according to a pre-defined curve based on the volume of purchases.
“Binance is excited to introduce a new model of Token Generation Event (TGE) on Binance Wallet… dynamic pricing that changes based on demand,” the announcement states.
As the number of participants and token purchases increases, the price rises, ensuring transparent distribution that responds to the market.
During the subscription, tokens cannot be transferred and are traded only within the Bonding Curve ecosystem.
Users can either sell their tokens to other participants during the event or hold them until the TGE is completed.
After the TGE ends, tokens become fully transferable and tradable on Binance Alpha.
