Mind Network partnered with PancakesWap to launch its exclusive token generation activity (TGE) through Binance Wallet. Hosted by BNB Smart Chain, the event will open a $750,000 token subscription round to give users early access to Mind Network’s governance and utility tokens.
Event details
- Token name: Thinking Network (FHE)
- Blockchain: BNB Smart Chain
- Subscription period: April 10, 2025, from 11:00 am to 12:00 pm UTC
- Total salary increase: $750,000 (in BNB)
- Total tokens available: 50,000,000 FHE (5% of total power supply)
- Token price: $0.015 (converted to BNB)
- Subscription Limits: Up to 3 BNB per Binance Wallet User
- Distribution method: based on relative to total deposition
- Attribution: No attribution
- DEX transaction starts: After 12:00 PM on April 12, 2025 on Binance Wallet Dex or Pancakeswap
- Qualified User: To be qualified, participants must maintain a minimum daily asset value of USD 100 or used stock wallet for 7 consecutive days before the TGE start date. View your eligibility on the pancakeswap TGE event page.
What is a thinking network?
Mind Network led the allegations of building Quantum resistant quantum infrastructure with Fully Isomorphic Encryption (FHE), paving the way for the future where all data and AI computing are fully encrypted.
The project, in partnership with leading industry players, is establishing HTTPZ (Zero Trust Internet Protocol) to redefine security standards for AI and process AI and encrypted data on Web3 and decentralized ecosystems.
Follow Mind Network for more information:
Thinking Network Home Page – Source: Psychological Network
What is?
FHE is a local governance and utility for the mind network. It plays a crucial role in the ecosystem for a variety of key functions, including:
- Payment of encryption calculation fee
- Points to support node operations
- Participate in agreement governance decisions.
How to participate
To participate, users must first update their Binance app to the latest version. Then follow the steps below:
- Only users on BNB on the BNB smart chain can use the backup, keyless binance wallet to subscribe.
- If you don’t have BNB, you can exchange it in your Binance wallet or deposit it from your Binance Spot account.
- Submit BNB after the subscription period begins.
- The system will calculate the token allocation based on the proportion, and after the event is over, the user can request his token.
Token allocation formula
Token allocation is based on your share in the total BNB pool. The formula is:
(Your BNB contribution ÷ Total BNB contribution) × $750,000 (in BNB).
The system will immediately refund any additional BNBs you submitted after the end of IDO.
Important reminder
- You cannot trade tokens before the end of the subscription period. Any fhe tokens that are looped before this date are considered fraud. Users should verify the contract address through the official Mind Network channel.
- The total allocation pool for this activity includes all network and gas expenses that may be incurred during the token distribution.
- Another 10,000,000 FHE tokens were allocated to other marketing activities (distributed in batches) for other TGE activities. The Binance team will share more details in a future announcement.
The event highlights Binance Wallet’s commitment to support Web3 projects while providing users with early investment opportunities in a promising blockchain ecosystem.
Read more: More BNB Chain Tokens Will Be Listed on Binance
