Binance Wallet Announces Privasea AI TGE on May 14, 2025
- Binance Wallet to conduct Privasea AI TGE through PancakeSwap.
- Subscription requires the use of Alpha Points.
- 40 million PRAI tokens allocated for promo activities.
Binance Wallet confirmed its hosting of Privasea AI’s Token Generation Event (TGE) on May 14, 2025, conducted through PancakeSwap.
The upcoming TGE underscores Binance’s initiatives to embed within the Web3 ecosystem by targeting new and innovative projects. This event can potentially impact market dynamics, given Binance’s substantial influence.
Binance Wallet’s Token Generation Event
Binance Wallet’s announcement of the 16th Token Generation Event marks a notable advancement in its TGE series. This event is scheduled for May 14, 2025, from 10:00 AM to 12:00 PM (UTC). Eligible users are required to utilize Alpha Points for participation, introducing a new condition in this event’s subscription process. Privasea AI, focusing on Proof of Human technology with its ImHuman™ application, aims to protect digital presence against bot and AI impersonations.
“Eligible users will now be required to use Alpha Points to participate in the TGE.” – Binance Wallet, Official Announcement, Binance
The event’s execution via PancakeSwap, Binance’s decentralized exchange, highlights the continued move towards decentralized platforms. The allocation of 40 million PRAI tokens for upcoming promotional efforts has been confirmed, though specific distribution plans remain undisclosed.
The decision to add Alpha Points as a participant requirement may influence user strategies, driving demand toward acquiring these points. Market response to this shift is keenly awaited as it could direct future TGE frameworks.
Privasea AI’s integration into Binance’s platform positions it among the select projects benefitting from Binance’s global reach. Users will need to observe the tokens’ market performance post-TGE given no prior release of token supply or pricing information. This move aligns with Binance Wallet’s pattern of hosting token events that adhere to Web3 facilitation principles. However, reactions from regulatory entities and wider community sentiments remain unavailable at this stage.
