Binance opens trading for MOMOFUN (MM) Alpha and organizes an airdrop for users with Binance Alpha points.
Users holding at least 200 Binance Alpha points can receive 24,000 MM Tokens through an airdrop based on the prior registration priority mechanism. The required points limit decreases hourly until the event ends.
MAIN CONTENT
Binance starts trading MOMOFUN (MM) Alpha from 16:00 (UTC+8) on August 3.
Users with at least 200 Binance Alpha points are eligible to receive an airdrop of 24,000 MM Tokens.
The required points decrease by 15 points each hour, and the cost of receiving the airdrop is 15 points.
When does Binance announce the opening of trading for MOMOFUN (MM) Alpha?
Binance officially started trading the MOMOFUN (MM) Alpha Token at 16:00 UTC+8 on August 3.
This move allows users to access and trade MM Alpha on the day of the announcement, increasing market liquidity and interest in the new Token.
Launching at a specific time contributes to optimizing the user experience when participating in new Tokens on the Binance platform.
Who is eligible to participate in receiving the MM Token airdrop and how does the mechanism work?
Users holding at least 200 Binance Alpha points are allowed to register to receive an airdrop of 24,000 MM Tokens with a priority mechanism based on registration time.
The minimum points will automatically decrease by 15 points each hour from the time the event opens to expand the number of participants. The decrease in points helps increase the number of beneficiaries over a longer period.
Participating in the airdrop requires users to pay 15 Binance Alpha points for each time and must confirm within 24 hours, otherwise, they lose the right to receive rewards.
Binance stated: “Gradually reducing the minimum points hourly will provide more people the opportunity to receive the MM Token airdrop, promoting interaction and developing the Alpha points ecosystem.”
Official statement from Binance, August 2023
What should users pay attention to when participating in receiving MM Token airdrop?
Participants must closely monitor their time and Binance Alpha points to not miss the opportunity to receive MM Tokens as the required points and confirmation deadlines are clearly limited.
They need to be prepared to pay 15 points for each airdrop and pay attention to confirm on the event page within 24 hours after registration to keep the reward.
Applying the point mechanism and confirmation time helps Binance ensure fairness, avoiding situations where users are not genuinely interested but hold airdrop spots, wasting resources.
How does the Binance Alpha points calculation mechanism affect the airdrop event?
Using Binance Alpha Points as criteria helps filter users participating based on actual interaction levels, enhancing the quality of the community benefiting from the new Token.
Reducing 15 points each hour helps balance the benefits for high-point holders and expands opportunities for those with lower points, increasing fairness and diversity among recipients.
The cost of 15 points to receive the airdrop also helps limit fake registrations, ensuring Tokens are distributed to users who are genuinely interested and actively participating.
Frequently Asked Questions
1. Who is eligible to receive the MM Token airdrop on Binance Alpha?
Users holding at least 200 Binance Alpha points at the start of the event have the right to register to receive MM Tokens.
2. How many Tokens can I receive from the MM airdrop?
Each time received will be awarded 24,000 MM Tokens based on the prior registration priority mechanism before the Tokens run out.
3. Does the required points for the airdrop change?
Yes, the minimum will decrease by 15 points each hour until the event ends to widen the recipient base.
4. What is the fee to receive the MM Token airdrop?
Each time receiving a Token requires paying 15 Binance Alpha points, payment is made directly upon registration.
5. What is the deadline to confirm the MM Token airdrop?
Users need to confirm within 24 hours on the event page, otherwise, they will lose the right to receive Tokens.
Source: https://tintucbitcoin.com/binance-alpha-200-diem-nhan-24-000-token/
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