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$SHELL is the native ERC-20 token of the MyShell ecosystem, introduced during the Token Generation Event (TGE).
Before the TGE, $SHELL did not exist or circulate. Shell Coin, an off-chain settlement currency developed by the MyShell team, was used to reward early adopters through the Reward Center.
Read https://discord.com/channels/1122227993805336617/1295251258231357490 to learn about ways to earn Shell Coin.
After the official TGE, $SHELL will be airdropped based on a combination of on-chain and off-chain metrics, including Shell Coin balances, NFT holdings, and other criteria that will be announced later.
As the core token powering the MyShell ecosystem, $SHELL unlocks access to premium features, supports creators, and facilitates transactions.
The total supply of $SHELL is capped at 1 billion tokens, with gradual releases designed to foster a deflationary economy and ensure token scarcity over time.
MyShell serves a broad and diverse user base:
- Creators: Use the platform’s tools to develop, publish, and monetize AI applications.
- Consumers: Engage with and utilize AI applications built by creators on MyShell.
- Patrons: Identify and support promising AI applications and their creators.
These groups interact with $SHELL in various ways, collectively referred to as “users” within the MyShell ecosystem.
- Membership Fees: Users can pay subscription fees in $SHELL to access premium AI tools or receive direct support.
