Binance Wallet has announced the launch of the Token Generation Event (TGE) for the new TAKE token, which will take place on August 25, 2025. The event is in collaboration with Overtake World and features a unique pricing model that makes it interesting for the crypto investment community.
How to Participate in TGE
The TAKE token launch is set for August 25, 2025, with a subscription window from 8:00 AM to 10:00 AM UTC. To participate, users must use their Binance Alpha Points, making this event available only to active users of the platform. This adds an element of exclusivity and rewards loyal users.
What Makes This Event Different
Token launches utilizing the bonding curve model differ from traditional methods. In this model, the token price changes based on demand. The more participants, the more the price shifts, creating a transparent and dynamic process. This model ensures fair access for investors while mitigating extreme price volatility.
Tokenomics of the TAKE Token
The total supply of the TAKE token is 1,000,000,000 $TAKE. The initial circulating supply at TGE will be 131,250,000 coins. The distribution includes 30% for community rewards, 17.5% for ecosystem operation and liquidity, along with allocations for marketing, partnerships, and team.
The Overtake token generation event is a fresh approach to how crypto projects interact with users. The crypto community is closely watching developments, waiting for a chance to be a part of this new project.
