Beincom Announces 300M BIC Token Airdrop To Drive Web3 Adoption

Pioneering SocialFi platform Beincom announced today that it would launch a token airdrop with 300 million BIC tokens to drive project adoption.

Following its design, Beincom features as a next-generation social hub and community platform powered by the friendliness of the web2 interface and the power of web3 decentralization.

With its latest move, Beincom is looking to safeguard new token holders while highlighting the multifaceted utility of its BIC Token within its ecosystem.

Introducing Beincoms Native Token, BIC

The BIC token is central to Beincoms innovation. It serves as the utility token that fuels all platform activities and engagement.

Notably, $BIC is more than a mere token. It incentivizes contributions and grants exclusive benefits, creating a sustainable and transparent economy for long-term growth.

Furthermore, the project can reduce the risk of market manipulation and optimise decentralisation within its ecosystem as it has only allocated 6% of its total supply to the core team. The total supply of BIC Tokens is fixed at 5 billion tokens.

Apart from its transactional utilities, the BIC token fuels the entire Beincom ecosystem with its diverse use cases. The token allows users to unlock advanced creation tools, analytics, and priority support, enhancing their platform experience.

Also, BIC Tokens power transactions for minting, buying, and selling innovative NFTs, which act as a protective mechanism for digital identity and reputation. Businesses can use BIC Tokens to secure ad placements and sponsored opportunities within the ecosystem.

Beincom Unveils Structured Airdrop Program

The upcoming token airdrop, scheduled for May 25, will launch as part of the platforms 50-month token distribution initiative. The program aims to allocate 6% of the total token supply, equivalent to 300 million BIC tokens, through a structured airdrop campaign. The team will distribute 6 million BIC tokens monthly.

Per the announcement, participants can earn Medals and platform-specific reward points by contributing to the ecosystem through community engagement and content creation.

The earned medals can be converted into BIC Tokens once the airdrop ends. Notably, accumulated Medals will not be reset, enabling continued eligibility throughout the subsequent 49 months of distribution.

While it is built on the Arbitrum Network, Beincom will leverage Arbitrums technology to allow BIC Token transactions to remain fast, low-cost, and highly scalable, ensuring seamless user experiences across the Beincom ecosystem.

To ensure a fair launch and protect token holders, Beincom has introduced a dynamic liquidity protection model. Initially, a 35% early withdrawal fee discourages quick sell-offs, but this gradually reduces by 1% each month, reaching 0% after 35 months.

Mr. Tran Dang Khoa, Chief Vision Officer of Beincom project, commented on the development, saying;

Beincom does not compete with traditional social platformsit rises above them. While others prioritize maximizing profits, we empower users with true ownership, meaningful connections, and a decentralized future. Because in the end, everyone needs a place to be in.

Text source: ZyCrypto

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