In a significant development for the blockchain ecosystem, Binance Wallet has officially scheduled the Token Generation Event (TGE) for Zenchain's native ZTC token for January 8, 2025. The event will run from 8:00 a.m. to 10:00 a.m. UTC, marking a pivotal moment for participants in the Binance Alpha campaign.
The announcement, made via Binance's official X account on December 27, 2024, outlines a structured subscription model. Eligibility is explicitly tied to the Binance Alpha points system, an initiative that rewards users for engaging with educational content and new projects within the Binance ecosystem. Only participants holding a platform-specified minimum of these points will qualify for the pre-TGE subscription. Each eligible participant can subscribe by depositing a maximum of 3 BNB, establishing a controlled distribution framework designed to prevent excessive token concentration among large investors.
Zenchain positions itself as a layer-1 blockchain focused on scalability and interoperability, aiming to facilitate communication between different blockchain networks. The ZTC token is expected to serve as the network's native gas token for transaction fees and smart contract execution, and will likely function as a governance token, granting holders voting rights on protocol upgrades and treasury management.
The choice of Binance Wallet as the launchpad is strategically significant. As a non-custodial Web3 wallet where users retain control of their private keys, launching the ZTC TGE through this service emphasizes a direct, decentralized distribution to engaged Web3 users, aligning with industry trends favoring community-centric launches.
Separately, Binance Alpha, the on-chain trading service within Binance Wallet, continues to expand its offerings. On March 15, 2025, it announced the integration of BREV, a layer-2 scaling solution utilizing zero-knowledge proof technology for private, high-speed transactions. This integration represents Binance Alpha's ongoing commitment to providing access to carefully vetted, early-stage digital assets, following a rigorous evaluation process by a committee of blockchain developers, market analysts, and security experts.
