Binance Wallet announced that the fundraising for the new issue of Elderglade TGE has now ended. This project performed exceptionally well in this fundraising, raising a total of 57,461.53 BNB. After calculation, the oversubscription ratio of this fundraising is as high as 38,494.63%, nearly 385 times.
Elderglade is an AI-driven retro fantasy game developed by W3Forge Game Development Studio. Its TGE (Token Generation Event, token generation activity) was subscribed through PancakeSwap on Binance Wallet from 8:00 to 10:00 (UTC) on May 27th. The corresponding Beijing time is from 16:00 to 18:00. This event requires eligible users to participate with Binance Alpha points. Participating in this TGE event will result in the deduction of 15 points. Users need to have 198 or more Binance Alpha points to participate.
In addition, Binance and Elderglade also announced that an additional 16 million ELDE will be used for future promotional activities, but the specific details have not yet been disclosed. Such a large-scale oversubscription indicates the market’s high attention and recognition of the Elderglade project. Its future performance in the gaming field and the cryptocurrency market is worthy of continuous attention from investors and industry professionals.
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