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#Pi Hackathan 2025 Has Started?
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#AKEBinanceTGE Event Summary: What Happened in the AKE TGE? The TGE took place on August 21, 2025, from 08:00 to 10:00 UTC (which corresponded to 2:30–4:30 PM IST and 16:00–18:00 UTC+8) The event was conducted via Binance Wallet using a bonding curve pricing model—meaning token price increased incrementally with demand A total of 2 billion AKE tokens (representing 2% of the total 100 billion token supply) were offered Participation Criteria & Alpha Points Eligibility required users to hold at least 238 Binance Alpha Points, with 15 points deducted upon participation The subscription window was strictly during that same TGE timeframe: 08:00–10:00 UTC Purchase Limits & Token Allocation In the first 10 minutes, each wallet could purchase up to 200,000 AKE. After that period, the cap increased to 500,000 AKE per wallet It was noted that acquiring the maximum (500,000 AKE) would cost roughly 100 USDT worth of BNB, based on the token’s estimated fully diluted valuation (FDV) of up to $20 million Post-TGE Trading Timeline Just 5 minutes after the TGE ended, AKE tokens became tradable on decentralized exchanges—notably PancakeSwap at 10:00 UTC, followed by centralized exchanges around 12:00 UTC Project Insight: AKE (Akedo) The AKE token underpins Akedo, a platform blending AI-driven content and game creation (mini-games, interactive stories) using simple text prompts. It’s powered by zkWASM technology for off-chain computation with on-chain verifiability, aiming for scalable and privacy-preserving gaming experiences across chains The tokenomics include vesting schedules for investors and ecosystem grants, a cap of 100 billion total supply, and only 2% offered during this launch
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