Binance has unveiled a new token generation event (TGE) model in its wallet, utilizing a Bonding Curve mechanism in collaboration with Four.Meme. This marks the first instance of Binance incorporating the Bonding Curve dynamic pricing model for TGE activities. Users can purchase tokens using BNB, with prices adjusting in real-time based on demand, rather than being fixed.
During the subscription period, tokens are tradable only within the Bonding Curve ecosystem. Participants can sell back tokens during the event or wait until the TGE concludes for free circulation on the Binance Alpha platform. The first project using this model will be revealed on July 15 via Binance wallet's official X account.
Binance Wallet Introduces Bonding Curve TGE Model with Four.Meme
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