In collaboration with PancakeSwap, Mind Network is announcing its exclusive Token Generation Event through Binance Wallet. Early access to the FHE token is provided via the event, which is hosted on the BNB Smart Chain.
Users can participate in a token subscription round worth $750,000 in BNB during this event. Users have a chance to obtain early access to governance and utility tokens on Mind Network. The event marks a major step forward for the project in the blockchain space.
About Mind Network
Mind Network leads the way in developing quantum-resistant blockchain technology. The project uses Fully Homomorphic Encryption to secure data and AI computations. This encryption method enables all operations to occur without decrypting the data first.
Mind Network works with industry leaders to build a Zero Trust Internet Protocol called HTTPZ. This protocol aims to redefine security for AI and encrypted data across decentralized ecosystems. The approach promises to offer new security standards for users and developers alike.
Understanding the FHE Token
FHE is Mind Network’s native utility token and governance token. This coin is essential to the environment of the project. The FHE coin is used to stake for node support and to pay fees for encrypted computations.
It also plays a key role in the decision-making process for protocol governance. Users will depend on FHE for several critical functions on the platform. With these uses, the token is essential for maintaining the system’s integrity and security.
How to Participate in the TGE?
To join the event, users must update the Binance app to the latest version. Only users holding BNB on the BNB Smart Chain can subscribe using a keyless Binance Wallet.
If users do not have BNB, they can perform a swap within the wallet or transfer assets from a Binance Spot account. Once the subscription period begins, participants can commit their BNB for the token allocation.Â
The system calculates token amounts on a pro-rata basis and processes any extra BNB deposits by giving immediate refunds. This structured allocation method offers fairness and transparency during the event.
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Event Details and Participation Requirements
Mind Network’s TGE will run on April 10, 2025. The total amount to be raised is $750,000 in BNB, with 50,000,000 FHE tokens available. This supply represents 5% of the total token supply, with a token price of $0.015 when converted to BNB.
Each Binance Wallet user is allowed a maximum subscription limit of up to 3 BNB. The token allocation is determined by the ratio of individual contribution to the total BNB pool.
In addition, the allocation pool covers all fees, including network and gas fees incurred during token distribution.
Participants must also meet a qualification criterion before joining. A minimum daily asset value of $100 must be maintained in Binance accounts or the Binance Wallet. This requirement must be met for seven consecutive days before the TGE start date.
Final Considerations for Participants
Mind Network has designed its TGE with fairness and security in mind. The detailed allocation formula and participation rules aim to balance the token sale and prevent abuse. The project shows a strong commitment to transparent operations and technical excellence.
Users benefit from early access to a promising blockchain innovation with robust security measures. This event not only offers investment opportunities but also promotes a secure path for decentralized systems.
Mind Network’s TGE is set to open new doors for users seeking early investment in secure digital assets. The partnership with Binance Wallet and PancakeSwap adds credibility and broadens the event’s reach.Â
The meticulous design of the token sale ensures both fairness and protection for all participants. This initiative reinforces the project’s dedication to pioneering quantum-resistant, encrypted, and secure internet protocols.