Binance will launch Alpha on August 5 with FIR, expected to be 200 points on a first-come, first-served basis, specific time to be announced by the official
Project Introduction: Fireverse (FIR) is a leading Web3 AI music platform in the BSC ecosystem. It leverages artificial intelligence and decentralized blockchain solutions to revolutionize music creation, enabling both professional and amateur musicians to easily create, share their works, and profit.
The platform has over 16 million registered users and has produced over 500,000 music works. Backed by resources from the Hong Kong entertainment industry, it has exclusive licensed music NFTs for IPs such as 'Mermaid' and 'Journey to the West', and collaborates with Web2 star IPs like Kay Tse and Vivian Chow. It is a MusicFi platform that integrates AI-enabled creation, on-chain monetization, and community co-construction.
Team Situation: Backed by resources from the Hong Kong entertainment industry, led by the Nobody Fund under Stephen Chow, integrating film and television IP and entertainment industry resources. The team consists of experts in AI, blockchain, and the music industry. The specific list is not disclosed but has partnerships with institutions like OKX Ventures and Gate Labs.
Token Distribution:
Mining Rewards: 40% (linear lock-up for 6 months), users can earn through creation, listening, staking, etc.
Token Sale: 20% (10% released upon launch, the remaining part locked for 6 months then linear release over 18 months).
Marketing Fund: 3% (no lock-up, linear release over 12 months), used for marketing and community operations.
Team and VC Share: 37% (not unlocked upon launch, subsequently released linearly on a quarterly basis)
Total token supply is 1 billion, with the initial circulation estimated at around 2%-2.5%.
In February 2025, completed a $2.5 million financing, with a valuation of $30 million, which accounts for 8.33%, thus the cost per $FIR for institutions is approximately $0.03.
Estimated Revenue: Currently, the pre-market estimated price is $0.05, with a low initial circulation. A conservative estimate, assuming Binance Alpha takes 0.75%, distributes 7.5 million tokens among 20,000 people, each receiving 375 tokens, corresponding to a token price of $0.15, the airdrop value is estimated around $60. This is a conservative estimate; the market has many projections estimating a launch increase of at least 20 times, corresponding to a token price of around $0.6, haha!!!
The specific values should still be estimated based on what Binance announces.
Remember to follow for updates, I will continue to monitor and update after Binance announces the specific values tomorrow!!!
#币安Alpha上新
Project Introduction: Fireverse (FIR) is a leading Web3 AI music platform in the BSC ecosystem. It leverages artificial intelligence and decentralized blockchain solutions to revolutionize music creation, enabling both professional and amateur musicians to easily create, share their works, and profit.
The platform has over 16 million registered users and has produced over 500,000 music works. Backed by resources from the Hong Kong entertainment industry, it has exclusive licensed music NFTs for IPs such as 'Mermaid' and 'Journey to the West', and collaborates with Web2 star IPs like Kay Tse and Vivian Chow. It is a MusicFi platform that integrates AI-enabled creation, on-chain monetization, and community co-construction.
Team Situation: Backed by resources from the Hong Kong entertainment industry, led by the Nobody Fund under Stephen Chow, integrating film and television IP and entertainment industry resources. The team consists of experts in AI, blockchain, and the music industry. The specific list is not disclosed but has partnerships with institutions like OKX Ventures and Gate Labs.
Token Distribution:
Mining Rewards: 40% (linear lock-up for 6 months), users can earn through creation, listening, staking, etc.
Token Sale: 20% (10% released upon launch, the remaining part locked for 6 months then linear release over 18 months).
Marketing Fund: 3% (no lock-up, linear release over 12 months), used for marketing and community operations.
Team and VC Share: 37% (not unlocked upon launch, subsequently released linearly on a quarterly basis)
Total token supply is 1 billion, with the initial circulation estimated at around 2%-2.5%.
In February 2025, completed a $2.5 million financing, with a valuation of $30 million, which accounts for 8.33%, thus the cost per $FIR for institutions is approximately $0.03.
Estimated Revenue: Currently, the pre-market estimated price is $0.05, with a low initial circulation. A conservative estimate, assuming Binance Alpha takes 0.75%, distributes 7.5 million tokens among 20,000 people, each receiving 375 tokens, corresponding to a token price of $0.15, the airdrop value is estimated around $60. This is a conservative estimate; the market has many projections estimating a launch increase of at least 20 times, corresponding to a token price of around $0.6, haha!!!
The specific values should still be estimated based on what Binance announces.
Remember to follow for updates, I will continue to monitor and update after Binance announces the specific values tomorrow!!!
#币安Alpha上新
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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