CreatorBid partners with Binance Wallet for its public token sale, featuring KYC requirements and immediate token access upon distribution.
CreatorBid has partnered with Binance Wallet to launch its public token sale, introducing the first-ever Token Generation Subscription for CreatorBid on the BNB Smart Chain.
The subscription offers 100,000,000 BID tokens, representing 10% of the total supply. Participants can purchase $BID tokens at a price of 0.025 USDC each, with a maximum cap of $500 USDC per Binance Keyless Wallet. The sale aims to raise 2.5 million USDC, although no funds have been raised yet. The token’s FDV is set at $25 million. At the Token Generation Event (TGE), 100% of purchased tokens will be unlocked, allowing buyers immediate access.
The event begins on January 23, 2025, at 9:00 AM UTC and will continue until all tokens are sold out. There is no vesting period, meaning tokens will be available for use immediately after distribution, which is expected to occur within two hours after the subscription period ends.
Participants need a Binance Keyless Wallet backed up with sufficient USDC for payment and BNB for transaction fees. Each user can subscribe to up to $500 USDC worth of tokens. The process is straightforward: users simply log into Binance Wallet, click the activity banner, and follow the instructions once the event begins. Those without the necessary funds can swap for USDC and BNB directly in the wallet’s trade tab or deposit them from their Binance spot account.
Why CreatorBid Chose Binance Wallet for Its Launch
CreatorBid revealed that Binance Wallet was chosen for its strong reputation and top position in the industry. It added that all eligible wallets have been required to complete Know Your Customer (KYC) verification, as this will ensure a secure process without bots or unfair practices. CreatorBid wrote:
“We selected Binance Wallet as our partner due to its unmatched credibility and industry-leading status. Additionally, all eligible wallets participating in our public launch are KYCed, which will ensure a secure and bot-free environment, eliminating any possibility of sniping. This marks a significant milestone as CreatorBid becomes the first project in Web3 to exclusively launch on Binance Wallet.”
CreatorBid is a platform for the AI Creator Economy, allowing users to launch, grow, and monetize AI Agents. Through Agent Keys, or digital tokens, users can collaborate and form communities, unlocking innovative ways to connect and share benefits.
Important Guidelines for a Secure and Fair Process
Binance has issued a reminder that BID tokens will not be available for trading before the subscription period ends. Any tokens circulating before the specified time are fraudulent, and participants are advised to verify the official BID token contract address through CreatorBid’s official channels. Only Binance Keyless Wallets are eligible for participation, and imported external wallets will not qualify.
Binance and CreatorBid also reserve the right to disqualify participants engaging in dishonest practices such as money laundering or market manipulation. In response to a comment on its post, CreatorBid confirmed that the BID token will be multichain, available on both Base and BNB Chain.
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