Binance Wallet and Four.Meme Launch New TGE Model Based on Bonding Curve Mechanism

According to the official announcement, Binance has announced the launch of a new Token Generation Event (TGE) model combined with a Bonding Curve mechanism in the Binance wallet, and will cooperate with Four.Meme to launch the first project. This is the first time the Binance platform has introduced a Bonding Curve dynamic pricing model to carry out TGE activities. Under this mechanism, users can use $BNB to purchase tokens from the Bonding Curve contract, and the price will automatically increase along the preset curve with the number of purchases, that is, the price changes in real time with market demand, rather than being fixed. During the subscription period, tokens can only be traded within the Bonding Curve ecosystem. Users can choose to sell the tokens back during the event period or wait for the TGE to end before freely circulating them on the Binance Alpha platform. The first project to adopt this mechanism will be announced on July 15th via the official Binance Wallet X account. [Odaily Planet Daily News]