The Binance cryptocurrency exchange introduced the Megadrop platform for issuing tokens with airdrops and Web3 quests.
Introducing Megadrop, #Binance's first-of-its-kind token launch platform blending the best of Launchpool, Web3, and Airdrop elements.
Unlock exclusive early access to upcoming tokens and seize one-of-a-kind airdrop opportunities!
Learn more 👇
— Binance (@binance) April 18, 2024
With its help, BNB holders subscribed to Simple Earn products will be able to receive rewards from selected projects for completed tasks in the Web3 wallet before they are actually listed on the exchange.
Megadrop rewards will be calculated based on the user's total score, taking into account the duration of the BNB lock, their quantity, and the number of completed quests. Rewards will go to Binance spot wallets.
The platform is not available for a number of jurisdictions, including the Russian Federation.
The first project on Binance Megadrop will be BounceBit — Bitcoin re-staking protocol.
Details can be found in blog Binance.
Earlier, the BNB Chain ecosystem announced the start of a hackathon with a prize fund of $470,000.
Source: Cryptocurrency
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