#Pre-TGE Seeing the BTW Pre-TGE threshold set at 216 points, my mind flashes back to the projects I've seen over the past decade. During the ICO boom in 2017, our early participants encountered too many promises and suffered quite a few losses.

What’s interesting about Binance’s arrangement this time is the lock-up period. This isn’t a new tactic, but every time I see this clause, I think about how history tends to repeat itself. Early project teams also liked to set lock-up periods, ostensibly to protect ecosystem stability, but in reality, they left plenty of room for variables on all sides. The unlock time might not be announced in advance, which further hints at a familiar uncertainty.

But on the other hand, the market has evolved over the years. Backed by major exchanges, clear point thresholds, and transparent rules, these are all much better than in the early days. However, the fundamental logic remains unchanged — participants are always betting on the true value of the project, not just a promise.

The 216-point threshold hits the sweet spot, filtering out users with some level of participation without being too high. Such detailed design often reflects the project team’s understanding of their user base. But one thing must be said plainly: whether the risk of the lock-up period is worth it for a Pre-TGE participation opportunity is something everyone should be aware of. History has shown us that cheap token opportunities are often the easiest to turn into cheap lessons.