Binance Wallet Announces Exclusive Token Generation Event for OKZOO in Collaboration with PancakeSwap
Today (25th), Binance Wallet announced a partnership with the decentralized exchange PancakeSwap to host an exclusive Token Generation Event (TGE) for OKZOO on the BNB Chain, starting from April 25th at 16:00 Taiwan time. This exclusive TGE introduced the “Binance Alpha Points” as a participation requirement, with users needing to achieve at least 45 points to be eligible.
Details of the Exclusive TGE
The 12th exclusive TGE project from Binance Wallet is OKZOO — a decentralized environmental data network powered by physical AIoT devices, where users contributing to its ecosystem will earn AIOT token rewards.
Subscription Information
Token Name: AIOT
Chain: BNB Smart Chain (BNB Chain)
Subscription Date: April 25th, 16:00 to 18:00 Taiwan time (UTC+8)
Total Fundraising Amount: $100,000 equivalent in BNB
Total Tokens Available for Subscription: 20 million (2% of total supply)
Accepted Currency: BNB
Price Per Token: $0.005 equivalent in BNB
Subscription Limit Per Binance Wallet User: 3 BNB
Eligibility Criteria
This exclusive TGE from Binance Wallet requires a minimum of 45 “Binance Alpha Points” for participation. This scoring system assesses user activity within the Binance Alpha and Binance Wallet ecosystems to determine eligibility for events such as TGEs and Alpha token airdrops.
According to the announcement, users must hold at least 45 points of “Binance Alpha Points” to participate in the 12th Binance Wallet exclusive TGE.
How to Check Binance Alpha Points: In the Binance App, click “More” on the “Homepage,” then search for “Alpha points.”
Calculation of Binance Alpha Points
Binance Alpha Points are calculated daily based on the user’s “asset balance on the Binance exchange and Binance non-custodial wallet address” and “Alpha token purchase volume.” The total Binance Alpha Points = sum of “balance points” and “transaction volume points” earned daily over the past 15 days.
Balance Points Calculation
Binance grants corresponding balance points daily based on the user’s asset balance on the exchange and their Binance non-custodial wallet address, according to the following rules:
- $100 ≤ Asset Balance < $1,000 → 1 point/day
- $1,000 ≤ Asset Balance < $10,000 → 2 points/day
- $10,000 ≤ Asset Balance < $100,000 → 3 points/day
- Asset Balance ≥ $100,000 → 4 points/day
Transaction Volume Points Calculation
Binance grants corresponding transaction volume points daily based on the user’s total Alpha token purchase volume on the exchange and their Binance non-custodial wallet (selling Alpha tokens does not contribute to Alpha Points), according to the following rules:
- $2 → 1 point
- $4 → 2 points
- $8 → 3 points
- $16 → 4 points
- $32 → 5 points
Note: For every doubling of purchase volume, users receive an additional point. For example, a purchase volume of $64 will yield 6 points, and $128 will yield 7 points, and so on.
How to Participate in the TGE
During the subscription period, switch to Binance Wallet on the “Assets” page of the Binance App, then click the event banner in the “Exclusive TGE” section of the “Explore” page and follow the instructions. It is important to note that eligible users must use a backup non-custodial wallet “created” in Binance Wallet to participate in the token subscription.
According to the announcement, users can claim their purchased $AIOT after the TGE subscription period ends and can immediately trade the token on Binance Wallet DEX or PancakeSwap.
For more detailed event information, please refer to the official announcement from Binance Wallet, the exclusive TGE participation guide, and the Binance Alpha Points Q&A.