Binance Wallet officially launched the Bitway project's pre-TGE event on December 22, releasing 300 million BTW tokens as rewards, accounting for 3% of the total supply. This is another significant initiative by the Binance ecosystem in incubating new projects.

The event is designed intricately, requiring users to hold more than 165 Alpha points to participate in multi-stage tasks. The pre-sale price is only $0.0005 for each BTW, and each user can participate with a maximum of 3 BNB. Based on the current BNB price of approximately $2550, a single user can purchase up to about 15.3 million BTW. If the token price reaches $0.01 after the launch, the investment return will reach 20 times.

Project background strength: Bitway is supported by well-known institutions such as HashKey Capital, yzi labs, and Symbiolic. These are all leading investors in the crypto industry. HashKey, as the capital behind a licensed exchange in Hong Kong, adds compliance endorsement to the project. yzi labs has rich investment experience in the DeFi and infrastructure fields. Multiple endorsements significantly reduce the risk of the project running away.

From the perspective of token economics, a 3% pre-TGE release ratio is relatively conservative, indicating that the project party values long-term development rather than short-term cashing out. However, it is important to note that this portion of the tokens is subject to project lock-up restrictions, and the specific unlock timetable has not yet been disclosed. Investors need to be prepared for medium to long-term holding and cannot expect to profit immediately upon listing.

Collaboration with the Binance ecosystem: Binance Wallet has previously launched several project incubation plans, such as HOOKed. Successful cases have proven the tremendous value of Binance traffic. Bitway's choice of this channel for the pre-TGE means that it is very likely to be listed on Binance's spot or contract market in the future, providing clear liquidity expectations for the token. Unlike completely decentralized projects, Binance's endorsement greatly enhances investment certainty.

The threshold of 165 Alpha points requires users to have a certain level of activity in the Binance Wallet beforehand. New users may not be able to participate immediately. It is recommended to check their points status in advance. If eligible, the investment of 3 BNB, although not a small amount, is reasonable in terms of risk and return under VC support and Binance's endorsement. The key is to understand the lock-up mechanism to avoid the dilemma of being unable to liquidate when liquidity is needed.