BlockBeats News, June 23, Binance Wallet launched two exclusive events with Codatta:

· Pre-TGE (Token Generation Event) Subscription Event:Qualified users can subscribe early through the Binance Wallet before the listing of Codatta's governance token XNY.· Airdrop Boost Event:Complete weekly tasks, support the project's early development, and participate in the distribution of a total of 6 billion XNY airdrop rewards.

In this event, users can exclusively subscribe to Codatta's governance token XNY within the Binance Wallet. Using an oversubscription model, each user can submit up to 3 BNB. The final allocation ratio will be calculated based on the total deposit amount of all participating users. This is a Pre-TGE (pre-listing) subscription event, and the received XNY tokens will be locked and cannot be traded immediately. The timing of when the tokens will be unlocked for circulation will be announced separately by the project team. Details of XNY pre-subscription:

**Token Name:** Codatta (XNY)

**Chain:** BNB Chain

**Total Fundraising Amount:** $100,000 (valued in BNB)

**Total Token Allocation:** 200 million XNY (2% of total token supply)

**Accepted Currency:** BNB

**Token Price:** $0.0005 per token (calculated based on the prevailing BNB exchange rate)

**Single User Purchase Limit:** 3 BNB

**Eligibility:** Users must meet the Binance Alpha Points eligibility criteria

**Allocation Method:** Allocation based on the proportion of a user's purchase amount to the total purchase amount

Event Timeline:

Phase One: BNB Deposit Purchase Period

Qualified users can submit up to 3 BNB through the Binance Wallet during the event to purchase XNY. Any excess amount will not be counted.

Phase Two: Token Distribution (Locked State)

After the subscription period ends, the system will distribute the tokens in proportion and credit XNY tokens to users' accounts, but these tokens will be locked and not available for trading.

Phase Three: Open Trading

Once the project team officially announces the token's circulation, XNY will be available for trading on Binance Alpha, and users can freely buy and sell.