Binance Wallet Teams Up With Mind Network for TGE Event

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  • Binance Wallet hosts an exclusive TGE with Mind Network through PancakeSwap, offering direct user participation.
  • The event supports Mind Network’s FHE tech while expanding Binance Wallet’s cross-chain features.

Today Binance Wallet users can be a little happy. Because, Binance Wallet and PancakeSwap are holding an exclusive Token Generation Event (TGE) for the Mind Network (FHE) token from exactly 11:00 to 12:00 UTC. Just imagine, in just one hour users can get tokens that are predicted to become the future security infrastructure at an affordable price, which is around US$0.015 per token.

At first glance it may sound ordinary, but wait a minute. Mind Network is not just any token. This project carries the concept of Fully Homomorphic Encryption (FHE)—in short, advanced encryption that is resistant to quantum computers.

A technology that may sound futuristic, but will become a new security standard in the world of AI and Web3. Funnily enough, this seems to remind us of the old days when people were busy hiding data on flash drives that they forgot where they were stored. However, technology is now far beyond that.

A Subtle Tech Statement from Binance

If you think about it, Binance does like to choose projects that look cool and futuristic. For example, StakeStone, a protocol that helps facilitate liquidity between blockchains, was held by Binance Wallet last week, April 3. This time, Mind Network continues the tradition. This is a kind of subtle signal from Binance to show that they are not playing around with future technology.

Furthermore, Binance Wallet itself is in a phase of massive innovation this month. No half measures, now users can directly trade on Ethereum, Solana, Base, and BNB Chain without having to move funds back and forth, as we have previously reported.

It’s like shopping at a supermarket without having to queue at the cashier, very practical, right? But of course, users must go through the KYC process first to ensure everything is safe.

Increasingly Real Transaction Convenience

On the other hand, Binance’s partnership with Worldpay this month is no less interesting. Just imagine, users can now directly buy crypto using Apple Pay or Google Pay which is directly connected to a credit or debit card.

In the past, people had to bother opening a PC or filling their balance via ATM to buy crypto, now they just “tap-tap” on their smartphone screen while drinking coffee at their favorite cafe. Sophisticated, right?

However, Binance is aware that no matter how sophisticated the technology is, it means nothing without a sense of security.

For this reason, Binance has also recently launched a smart wallet feature that is claimed to be much safer with automatic key management and AI-based smart transactions. Even transaction fees are now completely removed—a move that makes Binance even more loved by both small and large users.

Proof, Participation, and PancakeSwap Access

On April 7, Binance released their latest Proof-of-Reserves (PoR) report, including the addition of NEAR Protocol with a reserve ratio of 106.47%. This figure seems to be proof that user funds are not only safe, but also managed very carefully. It feels like entrusting your wallet to a close friend who has proven to be trustworthy.

The exclusive Mind Network TGE held today was indeed short-lived, but its impact could be long-lasting. With a total fund raised reaching US$750 thousand and a purchase limit of up to 3 BNB per person, of course the interest of Binance Wallet users is no longer in doubt. Not to mention, there is no vesting period, so users can immediately trade on PancakeSwap or DEX Binance Wallet as soon as the event is over.