Binance, the 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, offering users 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 the centralized models controlled by large corporations like OpenAI. MyShell's core components include open-source AI models, an AI agent development platform, and a fair value distribution system.
MyShell Tokenomics: Shell Distribution
SHELL is MyShell's native governance token, granting holders access to premium features and creator support. The total supply of SHELL is 1 billion tokens, with 30% allocated for community incentives, 29% for private investors, 5% for HODLer airdrop, and 1% for Binance wallet airdrop. The distribution is designed to reward active participation and drive long-term engagement in the MyShell ecosystem.
Binance Listing: Key Details for Users
Binance will list SHELL on February 27, 2025, at 13:00 UTC, opening trading against BTC, USDT, USDC, BNB, FDUSD, and TRY. The token is marked as high-risk, requiring due diligence before investing. In the airdrop, SHELL tokens will be distributed to BNB holders who subscribed their funds to Binance Simple Earn, providing an opportunity to receive SHELL tokens for free. This event is expected to draw additional interest in AI and blockchain convergence.
The listing of MyShell on Binance and the SHELL airdrop are significant events for the crypto industry, highlighting the growing interest in AI and blockchain integration. It also increases motivation for BNB holders, strengthening the token's market position.
