
BITWU.ETH 🔆|Jun 23, 2025 13:43
🧐 Binance launches a new "airdrop+new player" fusion mechanism | The new gameplay may be the core step for Binance to truly become the strongest hair raising platform in the universe——
Binance Wallet launches two exclusive Codatta events: Codatta Pre TGE and Binance Wallet Booster
Are you looking confused? What are these? What is the difference between Alpha and Alpha? Consuming points?
This article provides a quick interpretation for you!
Firstly, Congrats @ codta_io participated as the first project in @ BinanceWallet's Booster Campaign!
Coincidentally, I wrote the project requirements a few days ago, and what I saw was similar. It's really a coincidence!
👉 Below——
Full interpretation of the core content and participation methods of the Pre TGE+Booster assistance plan for pre-sales:
Binance Wallet has launched two exclusive Codatta activities, which can be simply described as Binance's new "airdrop+new player" fusion mechanism:
one ️⃣ Participation method:
Register with Alpha Points up to 3 BNB,
two ️⃣ Event rewards:
A total of 600 million XNY distributed, with a full 12 week interaction cycle!
three ️⃣ The core consists of two parts:
1) Pre TGE model: Pre lock up subscription before going online——
Qualified users can subscribe to Codatta's governance token XNY in advance through Binance wallet before its listing,
But it will not be credited immediately, but will be locked to TGE (token generation event) and opened.
The token is locked for a period of time before going online, and the project party has the right to decide when to start trading.
⛔ Purpose: This mechanism is similar to the traditional "newbie" process, but with an added lock up period aimed at reducing rapid selling by retail investors.
Avoiding being 'smashed' as soon as a coin is listed is more like truly participating in a project, rather than running away after cutting it off.
2) Booster supports airdrop activity: 12 week exchange airdrop——
A 12 week event allocating 6% of the total token supply to increase user engagement through interactive tasks and airdrop rewards.
Each person can submit a maximum of 3 BNB, and the system will allocate the quota proportionally based on the total investment of all participants.
This design of "over subscription+lock up+interactive extension cycle" aims to solve the pain points of traditional Launchpool's rapid turnover and unbearable project management.
Previously, after Binance quickly launched its tokens through Alpha Points, retail investors often did not care about the essence of the project and sold the tokens as soon as they received them, resulting in significant market volatility and pressure on the project team.
The new model extends the user interaction period (12 weeks Booster), giving the project team more time for users to understand and participate in the project, thereby stabilizing the market.
four ️⃣ Who is the project team?
Codatta is an emerging project focused on AI data annotation.
The narrative is timely: Facebook just acquired ScaleAI for $15 billion, and the industry was instantly pushed to the forefront.
Codatta is Binance's "first pilot project" under this narrative.
five ️⃣ Conclusion——
This model may stabilize the new token market and reduce retail selling pressure.
This is not just an event, but more likely the evolutionary direction of Binance's future Launchpool:
1) The project party receives more stable community support
2) Users truly participate in long-term value capture
3) Crack down on speculation, alleviate market crashes, and build a healthy subscription market
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