Tomorrow's new TGE is quite interesting, using a time-weighted model where the earlier you participate, the lower the price. Additionally, it allows direct trading during the new issuance period. This model is user-friendly for early participants; otherwise, everyone tends to wait until the last few minutes to see the oversubscription multiple before participating, which is not very fair to those who joined early. However, whether this model can withstand the big players is still a question mark. Last time, Uptop used this model, but the frontend was directly attacked, and few retail investors were able to participate. Let's wait and see what Binance will do. #tge
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