Binance, the world's largest cryptocurrency exchange, announced its 10th HODLer Airdrop project, featuring MyShell (SHELL). The token will also be available on Binance's spot market.
What Is MyShell?
MyShell is a decentralized AI consumer layer designed to connect AI creators, consumers, and researchers. The project offers an open-source alternative to centralized models controlled by large corporations, providing open AI models and a platform for developing AI applications.
MyShell Tokenomics: How SHELL Is Distributed
SHELL is the native governance token of MyShell, granting holders access to premium services, creator support, and payment facilitation. The total supply will be one billion SHELL tokens, distributed as follows: 30% to community incentives, 29% to private sale investors, 5% to HODLer Airdrop, and 1% to Binance Wallet Airdrop.
What Users Need to Know About Binance Listing
Binance will list SHELL for trading on February 27, 2025, opening trading pairs against BTC, USDT, USDC, BNB, FDUSD, and TRY. The exchange has also applied a 'Seed Tag' to SHELL, identifying it as a high-risk, early-stage token requiring due diligence.
The inclusion of MyShell on Binance underscores the growing interest in the AI and blockchain sectors, providing investors with new opportunities in this emerging field.