23.05.2024
Binance prepares to launch a new project on the Megadrop platform
23.05.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​Binance, a leading cryptocurrency exchange, has unveiled a new platform called Binance Megadrop. This innovative solution is designed to launch tokens with ether giveaways and Web3 quests, allowing users to access rewards from Web3 projects before they are even listed on the exchange. 

On Binance Megadrop, users can subscribe BNB for locked products or complete quests in their Web3 wallet to gain access to early rewards from selected Web3 projects. This gives users a unique opportunity to participate in projects in their early stages and receive rewards before the tokens are officially listed on the exchange. 

The second project launched on the Binance Megadrop platform will be Lista (LISTA), a liquid staking and decentralized stablecoin protocol. According to the details provided, the maximum number of Lista tokens will be 1 billion, and 10% of this amount, i.e., 100 million LISTA, will be distributed as Megadrop rewards. 

Binance Megadrop is an integration of Binance Simple Earn and the Binance Web3 wallet, offering users a unique and interactive experience of participating in Web3 projects. This combination of interaction, learning, and rewards makes Megadrop unique in the cryptocurrency ecosystem. 

How Binance Megadrop works: 

- Subscribe to locked BNB products: Users can subscribe to locked BNB products on Simple Earn to accumulate points. The longer the subscription, the more points.

- Complete Web3 quests: Users can complete Web3 quests in their Binance Web3 wallet. Completing the quests earns additional points.

- Receive Megadrop rewards: After completing the quests and accumulating enough points, users will have access to Megadrop rewards, which will be distributed proportionally to their total points. 

Details on Megadrop rewards, Web3 quests, and other aspects of the platform will be announced by the exchange soon. 

It's worth noting that the launch of Binance Megadrop underscores the exchange's commitment to innovation and desire to provide users with new opportunities in the world of cryptocurrency. 

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