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

CoinRank News: According to the official announcement, Binance announced that it will launch a new token generation event (TGE) model in the Binance wallet that combines the Bonding Curve mechanism, and will launch the first project in cooperation with Four.Meme. This is the first time that the Binance platform has introduced the 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 rise along the preset curve with the purchase quantity, that is, the price changes in real time with market demand, rather than a fixed setting. During the subscription period, tokens can only be traded within the Bonding Curve ecosystem, and users can choose to sell back tokens during the event period or wait for the TGE to end before they can circulate freely on the Binance Alpha platform. The first project to adopt this mechanism will be announced on July 15 through the official X account of the Binance wallet.