The world’s largest cryptocurrency exchange by volume, Binance, is actively engaging in multiple domains, with Binance Wallet being a significant part of its efforts to integrate into the Web3 ecosystem. Recently, a new announcement was made from the official Binance Wallet account, highlighting its latest initiatives.
Binance’s Latest Announcement
Binance Wallet has been involved in Token Generation Event (TGE) agreements for a considerable period. This is a process similar to airdrop token distribution and listing via exchanges, but completed in a way that aligns with the spirit of Web3 through Binance Wallet.
TGE events mark the official launch of a token in the market. Participants in the presale and those entitled to airdrops receive their tokens at these initial issuance events. Binance Wallet has successfully organized 15 such events, attracting users to related altcoins and rewarding them with tokens. The latest, the 16th project, is the Privasea AI (PRAI) Token.
Users can participate via PancakeSwap, with subscriptions opening on May 14 from 10:00-12:00 (UTC). Eligible users will receive airdrops in Alpha Points, and details regarding the distribution of 40 million PRAI will soon be revealed. More information will be published on the event portal.
When this article was prepared, according to Binance TR data, Bitcoin (BTC) $103,742 was selling at 4 million 21 thousand TL, reflecting a daily decrease of 0.49% with a 24-hour peak of 4,055,259 TL.