Global cryptocurrency exchange has revealed on its X platform that Binance GAIA airdrop will be the first project that will be listed on BNB Alpha. The announcement was made on July 28 through Binance’s official channel that highlights that the listing aims to support early-stage virtual asset projects. 

Source: X

Alongside, an Alpha point based distribution will also be held which offer users a chance to earn coins. However, platform clarified that the listing on BNB Alpha does not guarantee a future spot on the main platform. 

Binance GAIA airdrop and Launch details 

According to the Binance GAIA airdrop will debut on its official site. This move allows the users to explore coins before any potential future posting on main spot market. 

The exchange emphasized that being listed on the platform does not guarantee a spot but offers exposure to innovative crypto projects. 

Spot trading set to open July 30 

Along with the listing, the platform revealed plans for an Alpha point-based of assets. While the exact timings have not been disclosed, the free token distribution event will launch on July 30. 

BNB urged the users to stay updated for first hand information about the event which is anticipated to generate significant interest among traders and crypto enthusiasts. 

Tokenomics 

The $GAIA is built to balance fairness, sustainability and decentralization. 

The total supply of the token is 1,000,000,000.

Token is built using the ERC-20Votes standard and managed through OpenZeppelin’s Governor system that means it is secure, upgradeable, and allows for community voting

Source: Official website

Distribution breakdown: 

  • 32% - Network operations 

  • 20% - Early Backers 

  • 16% - Foundation Treasury 

  • 15% - Team and Contributors 

  • 8%  -  Ecosystem Growth 

  • 5% -  Community Participation 

  • 4% -  Coin Availability Pool 

Team and backer tokens are currently locked and released gradually. Tokens for contributors and the community help boost protocol use and long-term ecosystem growth through active participation

Conclusion 

The listing  will be on BNB Alpha highlights ongoing commitment to promote innovative crypto projects with the anticipated early rewards on July 30, token could become a notable token to watch among previous adopters searching fresh opportunities in the digital asset market. 

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