Binance, the world's largest cryptocurrency exchange, announced its 10th HODLer Airdrop project featuring MyShell (SHELL). This token will also be listed on Binance's spot market, providing users with access to 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 an open-source alternative to centralized models controlled by large corporations like OpenAI. Key components of MyShell include open-source AI models, an AI agent development platform, and a fair value distribution system that allows creators to earn revenue through multiple monetization models.
MyShell Tokenomics: SHELL Distribution
SHELL is the native governance token of MyShell, granting holders access to premium features and creator support. With a total supply of one billion tokens, distribution includes community incentives, private sale investors, and HODLer Airdrop participants. This structure rewards active participants and fosters long-term engagement in the MyShell ecosystem.
Binance Listing: What Users Need to Know
Binance will list SHELL on February 27, 2025, opening trading against BTC, USDT, USDC, BNB, FDUSD, and TRY. The exchange has applied a 'Seed Tag' to SHELL, marking it as an early-stage, high-risk token that requires due diligence before investing. Following the listing announcement, SHELL's price surged over 40%, highlighting strong investor interest in AI and blockchain convergence.
The listing of MyShell on Binance emphasizes the growing interest in decentralized solutions in the AI field. Binance's HODLer Airdrop program continues to reward BNB holders, increasing interest in the exchange's native token.
