Binance, the world's largest cryptocurrency exchange by trading volume, announced its 10th HODLer Airdrop project featuring MyShell (SHELL), a new token on the spot market providing 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. MyShell's core components include open-source AI models, an AI agent development platform, and fair value distribution.
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%, 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 in the MyShell ecosystem.
Binance Listing: What Users Need to Know
Binance will list SHELL on February 27, 2025, at 13:00 UTC, 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. Users holding BNB in Simple Earn or On-Chain Yields services will receive free SHELL tokens via an airdrop program, distributed based on historical snapshots of their BNB holdings.
With the new HODLer Airdrop project and MyShell listing, Binance continues to strengthen its standing in the realms of cryptocurrency and AI, providing users a unique opportunity to explore decentralized AI projects.
