On May 27, the announcement from Binance stated that the 19th TGE project, Elderglade (ELDE), will open registration from 16:00 to 18:00 (UTC+8) on the same day. Binance users with 198 Binance Alpha points or more can participate in the TGE event through the Alpha event page. To participate in the event, users will be deducted 15 points. Elderglade promises to bring an attractive opportunity to the community, where participants can buy ELDE Tokens before it is widely listed.
The requirement of 198 Binance Alpha points aims to ensure that only active users can participate, helping to maintain a quality community. The point deduction rule is a mechanism to encourage participation in the TGE event and motivate users to actively trade on the platform.
TGE events like Elderglade are considered an important strategy of Binance, aimed at attracting and maintaining investor interest in new cryptocurrency projects. This program not only opens up investment opportunities but also creates momentum to enhance activities in the Binance ecosystem.
In summary, Elderglade's TGE event is part of Binance's broader strategy to stimulate user interaction and community expansion, while also promoting the development of the cryptocurrency market.
