Binance Introduces Aspecta BuildKey TGE Model for Token Generation Events

According to the announcement from Binance, the Binance Wallet is set to launch a new Exclusive Token Generation Event (TGE) model in collaboration with Aspecta, utilizing the BuildKey mechanism. This innovative approach diverges from traditional TGEs by initially distributing allocations to users through BuildKeys. Participants receive a BuildKey by depositing BNB via Aspecta, which represents a specific token allocation. These BuildKeys can be traded in a bonding-curve liquidity pool prior to the official token launch and later redeemed for project tokens at the TGE. The first project utilizing this TGE model will be revealed on Binance Wallet's official X account on 2025-09-18. The Aspecta BuildKey TGE mechanism comprises several phases. In Phase 0, participants prepare by viewing project information and connecting their Binance Wallet. Phase 1 involves depositing BNB on Aspecta through the Exclusive TGE page on Binance Wallet to receive BuildKeys, which represent allocations. This phase follows an oversubscription model, distributing allocations equally if oversubscribed. Participation requires Binance Alpha Points and is limited to eligible Binance Wallet users, ensuring a guaranteed token share upon successful deposit. Phase 2 allows users to trade BuildKeys in the bonding curve liquidity pool, with additional allocations released by the project subject to a hard cap. Binance Alpha Points are necessary for access but are not consumed during trading. Users can buy or sell BuildKeys, with trading limits per wallet applying separately from those obtained in the deposit phase. Phase 3 marks the TGE and redemption period, where BuildKeys can be exchanged for project tokens or sold back into the pool at the current price. Once liquidity is added, redeemed tokens become transferable and tradable on Binance Alpha.