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.
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 AI industry by offering an open-source alternative to centralized models controlled by major corporations like OpenAI.
MyShell Tokenomics: How SHELL Is Distributed
SHELL is the native governance token of MyShell, granting holders access to premium features, creator support, and payment facilitation. With a total supply of one billion tokens, distribution includes 30% for community incentives, 29% for private investors, and 5% for HODLer Airdrop.
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. Following the listing announcement, SHELL's price surged over 40%, highlighting strong investor interest in AI and blockchain convergence.
This move by Binance underscores the growing interest in AI and blockchain convergence projects and solidifies SHELL's position as a key player in this sector.