Binance, the world’s largest cryptocurrency exchange, announced its 10th HODLer Airdrop project featuring MyShell (SHELL). This new token will also be listed on Binance’s spot market, providing users with an additional 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 AI industry by offering an open-source alternative to models controlled by large corporations like OpenAI. The core components of MyShell include:
1. Open-Source AI Models. 2. AI Agent Development Platform offering low-code, modular tools for building AI applications. 3. Fair value distribution enabling creators to earn through various monetization models, such as AIpp shares and transaction fees from the AIpp Store.
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. Token distribution includes:
- Community Incentives: 30% - Private Sale Investors: 29% (1-year cliff, 3-year unlock period) - HODLer Airdrop: 5% - Binance Wallet Airdrop: 1%
With a total supply of one billion tokens, SHELL is designed to reward active participants and drive long-term engagement within the MyShell ecosystem.
Binance Listing: What Users Need to Know
Binance will list SHELL on February 27, 2025, at 13:00 UTC, with trading pairs BTC, USDT, USDC, BNB, FDUSD, and TRY. The exchange has marked SHELL with a "Seed Tag," indicating it’s a high-risk, early-stage token. Following the listing announcement, SHELL’s price surged over 40%, showing strong investor interest in the AI and blockchain convergence.
MyShell offers innovative solutions for the AI industry, providing decentralized alternatives and increasing interest in AI tokens. Its listing on Binance amplifies attention to this area and expands user opportunities.
