Binance, the world's largest cryptocurrency exchange by trading volume, announced its 10th HODLer Airdrop project featuring MyShell (SHELL). This new token will also be listed on Binance's spot market, providing users with another AI-focused crypto asset.
What Is MyShell?
MyShell is a decentralized AI consumer layer, designed to connect AI creators, consumers, and open-source researchers. The project aims to disrupt the current AI industry by offering open-source alternatives to the centralized models controlled by large corporations.
MyShell Tokenomics: SHELL Distribution
SHELL is MyShell's native governance token, granting holders access to premium features, creator support, and payment facilitation. Token distribution: Community Incentives - 30%, Private Sale Investors - 29% (1-year cliff, 3-year unlock period), HODLer Airdrop - 5%, Binance Wallet Airdrop - 1%.
Why MyShell Listing Matters for Binance
Binance will list SHELL on February 27, 2025, at 13:00 UTC, opening trading against BTC, USDT, USDC, BNB, FDUSD, and TRY. The 'Seed Tag' has been applied to SHELL, marking it as a high-risk, early-stage token that requires due diligence before investing.
The listing of MyShell and the HODLer Airdrop underscore the ongoing interest in the intersection of AI and blockchain technologies, providing decentralized alternatives to current centralized systems.
