Beincom, a SocialFi platform, has recently announced its airdrop and listing details, influencing users’ enthusiasm. It is based on a Layer2 blockchain called Arbitrum and empowers creators, communities, and businesses. With its BIC launch, which will function as its core utility coin, the platform will use it for the Beincom ecosystem activities and engagements. This blog discusses everything about this crypto airdrop and the BIC token price at launch.
Beincom Announced 300 Million BIC Token Airdrop
In a recent X post, the team has announced the launch of its Beincom’s native coin BIC with a 300M airdrop for the community member. The token will have a total supply of 5 billion, and out of these, only 300 million BIC tokens (6% of the supply) are allocated to the airdrop plan.
Interestingly, the core team’s allocation is also limited to 6% to reduce market manipulation. More importantly, this BIC airdrop will stay live for 50 months, where 6 million will be distributed monthly.
The token distribution is believed to begin by May 2025, but the exact date is yet to be confirmed. An important point to note is that the user-earned medal or reward points during their interaction with the platform will decide the allocation of the Beincom airdrop.
This medal will eventually get converted into BIC tokens during the airdrop.
Use Case of the BIC Token and its Anticipated Price At Launch
As the BIC is the utility token, it will play significant roles on the platform, including unlocking analytics and advanced tools, facilitating NFT minting and transactions, Token-Paid Direct Messaging (TPDM), where users can send prioritized messages by paying these tokens, and much more.
The association with this SocialFi platform and its high utility could influence the demand for BIC crypto during launch. However, limited updates on its tokenomics and eligibility criteria make it difficult to conclude the BIC token price at launch.
How do you participate in the Beincom Airdrop?
Like most popular crypto airdrops, BIC’s purpose is to encourage participation by rewarding them. The steps for participation are as follows:
- Registering on Beincom (early joiners get higher rewards)
- Competing missions and referral program to earn medals
- KYC verification and & reward distribution
It is important to note that the active participation and medal earning areas are important for rewards.
Bottom Line
Beincom is among the few platforms that are redefining social media with decentralization. In an attempt to do the same, the team has announced the BIC token launch, whose price performance is anticipated to be high with crypto exchange listings.
More importantly, a 300M BIC airdrop is allotted to the platform participants. The airdrop will likely go live in May 2025 and will continue for 50 months, distributing 6 million monthly.
Interested participants can begin with account creation and task completion for medal rewards. However, caution is important to ensure safe practices, so investors must research further.
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