🧐 #Binance Launches New "Airdrop + New Listing" Fusion Mechanism ｜ This new gameplay may be a crucial step for Binance to truly become the strongest platform for earning in the universe——

Two exclusive activities for Codatta launched by Binance Wallet: Codatta Pre-TGE and Binance Wallet Booster

Are you feeling confused? What are these, and how do they differ from Alpha? Do they consume points?

This article will quickly explain it for you!

First, congrats @codatta_io for being the first project to participate in @BinanceWallet’s Booster Campaign!

Coincidentally, I wrote about this project’s requirements a few days ago, and it’s quite a coincidence!

👉 Below——

A complete interpretation of the core content and participation methods for the Pre-TGE + Booster support plan:

The two exclusive activities for Codatta launched by Binance Wallet can be simply described as Binance's new "Airdrop + New Listing" fusion mechanism:

1️⃣ Participation Method:

Use Alpha Points, with a maximum of 3 BNB for registration.

2️⃣ Activity Rewards:

A total of 600 million $XNY will be distributed, with a 12-week interaction period!

3️⃣ The core includes two parts:

1) Pre-sale (Pre-TGE) model: Lock-up subscription before listing——

Eligible users can pre-subscribe to Codatta's governance token XNY through Binance Wallet before its listing, but the tokens will not be credited immediately; instead, they will be locked until the TGE (Token Generation Event) opens.

The tokens will be locked for a period before listing, and the project party has the right to decide when trading begins.

⛔ Purpose: This mechanism is similar to the traditional "new listing" process but adds a lock-up period to reduce the rapid selling by retail investors.

It aims to avoid a "dump" as soon as the token is listed, making it more like true participation in the project rather than just cashing out.

2) - Booster support airdrop activity: 12 weeks of interaction for airdrops——

A 12-week activity that allocates 6% of the total token supply, enhancing user participation through interactive tasks and airdrop rewards.

Each person can submit a maximum of 3 BNB, and the system will allocate amounts proportionally based on the total contributions of all participants.

This design of "oversubscription + lock-up + extended interaction period" aims to address the pain points of traditional Launchpool rapid dumping, which has been a significant issue for project parties.

Previously, after Binance quickly launched tokens through Alpha Points, retail investors often did not care about the essence of the project and sold the tokens immediately, leading to significant market volatility and pressure on the project parties.

The new model extends the user interaction period (12-week Booster), giving project parties more time to allow users to understand and participate in the project, thereby stabilizing the market.

4️⃣ Who is the project party?

Codatta is an emerging project focused on AI data labeling.

Its narrative comes at a timely moment: Facebook just acquired ScaleAI for $15 billion, bringing this industry into the spotlight.

Codatta is Binance's "first pilot project" under this narrative.

5️⃣ Conclusion——

This model may stabilize the new token market and reduce the selling pressure from retail investors.

This is not just an event; it may also represent the evolutionary direction of Binance's future Launchpool:

1) Project parties gain more stable community support

2) Users truly participate in long-term value capture

3) Combat speculation, alleviate dumping, and build a healthy subscription market

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