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MyShell to Set a New Industry Standard as the Fastest AI on BSC

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Key Takeaways

MyShell enables users to create, trade, and monetize AI agents on blockchain.
– $SHELL token launched with Binance listing and HODLer airdrop incentives.
– 170K+ AI creators monetize through AIpp sponsorships, fees, and token rewards.
MyShell to Set a New Industry Standard as the Fastest AI on BSC

MyShell, a decentralized AI platform, is reshaping the AI economy by enabling users to create, trade, and monetize AI agents on the blockchain. With over 5 million users and a $SHELL token launch on Binance, the platform is gaining traction as a decentralized alternative to traditional AI ecosystems.

Unlike centralized AI platforms, MyShell provides an open, permissionless infrastructure for AI creators, allowing them to tokenize and trade AI-powered applications (AIpps). The ecosystem supports a thriving AI creator economy, with 170,000+ developers generating revenue through sponsorships, transaction fees, and token rewards.

The integration of DeepSeek AI and strategic backing from Binance Labs, Dragonfly, and Delphi Ventures solidify its position as a leader in decentralized AI innovation.

Introduction

MyShell, a decentralized AI consumer platform, enables users to create, share, and monetize AI agents without coding expertise. The platform offers a no-code and pro-config environment, allowing developers, creators, and AI enthusiasts to build AI-powered applications efficiently.

MyShell Challenges Centralized AI with Open Infrastructure

MyShell operates as an open, permissionless AI infrastructure, unlike conventional AI ecosystems that rely on centralized control. The platform facilitates tokenization and on-chain trading of AI-powered applications (AIpps), fostering a sustainable economy for AI creators.

Key components of the ecosystem include:

FeatureDescription
No-Code AI BuilderShellAgent provides an intuitive AI agent builder with low-code and modular frameworks.
On-Chain AdaptabilityAI agents can interact with blockchain networks, execute on-chain tasks, and integrate with decentralized applications (dApps).
AI Creator EconomyUsers can generate revenue through AIpp sponsorships, transaction fees, and reward programs.

Key Achievements

MyShell’s milestones, highlighting 5M+ users, 200K+ AI agents, and 40K+ GitHub stars. Image via MyShell 2024 Recap
MetricDetails
Registered Users5 million+ actively engaging.
AI Agents Deployed200,000+ covering image generation, video creation, meme production, role-playing games, and financial analysis.
AI Creators170,000+ contributing to the platform’s expanding ecosystem.
Investor BackingSupported by Binance Labs, Dragonfly, Delphi Ventures, OKX Ventures, and Bankless Ventures.
$SHELL Token GrowthLaunched via IDO with an 8x growth potential and broad community participation.
Exchange ListingListed on Binance with HODLer airdrops for early BNB holders.

Rapid DeepSeek Integration

MyShell set a record in the BSC ecosystem by integrating DeepSeek V3 and DeepSeek R1 in just 4 hours, making it the fastest AI project to support the model. The achievement drew praise from Binance CEO Changpeng Zhao (CZ), reinforcing it’s position as a leader in AI and blockchain.

As part of BNB Chain’s “AI First Chain” strategy, MyShell reinforces AI and blockchain synergy, setting itself as a key player in the decentralized AI landscape.

What is MyShell?

MyShell is a decentralized AI consumer layer designed to connect AI creators, consumers, and investors in an open ecosystem. Unlike traditional AI platforms that are closed-source and centralized, The decentralized AI platform provides a permissionless environment, enabling anyone to build, deploy, and monetize AI agents.

A Screenshot of MyShell Homepage

The platform aims to democratize AI ownership by using blockchain technology, ensuring that AI developers and users retain control over their data, models, and earnings.

The Web3-powered AI ecosystem facilitates a shared digital economy, where creators can develop AI agents that generate revenue, while consumers access a diverse range of AI-powered applications.

MyShell as a Decentralized AI Consumer Layer

Operating at the intersection of AI and Web3, MyShell offers a platform for creating, interacting with, and trading AI agents. The ecosystem is structured around three core components:

A diagram illustrating how AI creators deploy and monetize AI agents on MyShell, connecting consumers and investors through the AIpp Store. Image via doc MyShell in a Nutshell

1. Open-Source AI Models

2. AI Agent Platform

3. Fair Value Ecosystem

How MyShell Differs from Traditional AI Platforms

Most AI ecosystems operate on centralized, closed-source models, limiting user ownership and monetization. MyShell offers an alternative by providing:

AttributeMyShellOpenAIGoogle AIIBM Watson
CentralizationDecentralizedCentralizedCentralizedCentralized
MonetizationAIpp Shares, Fees, Shell TokensPay-per-use, APIPay-per-use, APISubscription, API
User OwnershipActive Participation, GovernanceNo OwnershipNo OwnershipNo Ownership
Tech InnovationsAI + Blockchain, ShellAgent, On-chainGPT-3, NLPML, NLP, AnalyticsML, NLP, Cognitive
Decentralized AppsYes, DeFi, NFTs, Smart ContractsNoNoNo

Technological Innovations

ShellAgent: No-Code AI Agent Builder

ShellAgent is MyShell’s no-code AI builder for creating AI agents without coding knowledge.

AI Model Leadership: MeloTTS and OpenVoice

Multilingual text-to-speech model of MyShell. Image via doc MeloTTS

AIpp Store: Decentralized AI Marketplace

A screenshot of the MyShell Alpp Store, including AI-driven applications, digital assets, and interactive tools for users and developers.

The AIpp Store lets creators monetize AI agents via AIpp shares and sponsorships.

On-Chain AI Agents and Blockchain Integration

AI agents can interact with smart contracts, engage with dApps, and transfer across multiple blockchains, aligning with BNB Chain’s AI First vision.

AI Creator Economy and Tokenization

Exploring MyShell’s AI Capabilities

MyShell offers advanced AI solutions for creative, entertainment, and utility applications, empowering developers, creators, and consumers with open-source models and flexible tools.

AI-Powered Image Generation

A Screenshot of the MyShell AI-powered Arcane Filter.

MyShell’s image generation agents use Low-Rank Adaptation (LoRA) models to create high-quality visuals from text or images.

AI-Driven Video Generation

The Web3-enabled AI hub enables AI video creation with deep learning and transformer models for hyper-realistic content.

A MyShell AI bot that transforms user-uploaded images into animated holiday-themed dancing characters.

AI Meme Generation

MyShell’s AI uses NLP and computer vision to generate relevant, viral memes.

A collection of AI-generated memes featuring different styles, from medieval art to MS Paint.

Role-Playing Game (RPG) AI Agents

MyShell’s RPG agents offer dynamic storytelling with AI-driven narratives.

Character AI Agents

These agents simulate emotionally intelligent companions for interactive experiences.

Utility AI Agents

MyShell’s utility AI agents help with practical tasks and insights.

MyShell on Binance: HODLer Airdrops & Listing

Binance Labs Partners with MyShell on 15 August 2024. Image via Binance Blog

Binance partners with MyShell to reward BNB holders using Simple Earn and On-Chain Yields products. Users who held BNB from February 14-18, 2025 will receive 50,000,000 SHELL tokens (5% of the total supply).

MyShell (SHELL) Listing on Binance

On February 27, 2025, $SHELL was listed on Binance, allowing users to trade in pairs such as:

HODLer Airdrops Token Distribution

MetricDetails
Total Airdrop25,000,000 SHELL tokens (2.5% of supply).
Circulating Supply270,000,000 SHELL tokens at listing (27% of supply).
DistributionTokens sent to Spot Accounts within 24 hours of the announcement.

How to Participate in HODLer Airdrops

To participate:

  1. Subscribe to Binance Simple Earn or On-Chain Yields.
  2. Wait for snapshots during February 14-18, 2025.
  3. Receive SHELL tokens in Spot Accounts within 24 hours.

MyShell’s Tokenomics & HODLer Airdrops Future

Creator Economy & Monetization

Creator Economy on MyShell. Image via doc Creator Economy

MyShell’s creator economy enables AI developers to monetize their work through AIpp Shares, transaction fees, and Shell Points, fostering a sustainable ecosystem for creators and engaging the community.

How Creators Earn on MyShell

Revenue StreamDescription
AIpp SharesCreators develop, list, and sell AI-powered applications (AIpps) on the AIpp Store. Market-driven pricing rewards early investors and creators.
SponsorshipsUsers can sponsor AIpps, providing early financial support for creators and increasing the value of the application.
Selling AIpp SharesCreators can sell shares of their AIpps, earning immediate income as market fluctuations increase share prices.
Transaction Fees from AIpp StoreMyShell charges a 1% transaction fee on AIpp share transactions, which is distributed to creators based on AIpp popularity.
Shell Points and Conversion SystemCreators earn Shell Points through user interactions with their AI agents. These points can be converted into Shell Coins or redeemed for rewards.
Creator Pass NFTOnly creators with the Creator Pass NFT can earn Creator Points, rewarding

AIpp Store & Trading System

A breakdown of how creators generate revenue in MyShell’s Alpp Store. Image via MyShell 2024 Recap

The AIpp Store is a decentralized marketplace where creators can launch AIpps, receive sponsorships, and earn revenue.

AI Agent Tokenization and Sponsorships

MyShell’s tokenization system allows creators to monetize AI agents directly.

MyShell’s Reward System

Point Carnival & Seasonal Rewards

Point Carnival & Seasonal Rewards on MyShell. Image via doc Point Carnival

The Point Carnival is a central feature of MyShell’s reward system, designed to incentivize user activity and engagement through seasonal rewards. At the end of each season (one month), users who have accumulated Shell Points can exchange them for Shell Coins, the off-chain currency of the platform.

MyShell offers four types of points:

Type of PointDescription
General PointsEarned through daily interactions, including check-ins, engaging with AI agents, and platform-wide activities.
Sponsor PointsEarned by users who sponsor AIpps.
Creator PointsEarned by creators when users interact with their AIpps. Only available to those holding the Creator Pass NFT, granting access to exclusive rewards.
Influencer PointsEarned by influencers and ambassadors promoting MyShell on platforms like Twitter.

Conversion to Shell Coins

Shell Coin and Conversion Rates

At the end of each season, users can convert Shell Points into Shell Coins via the Reward Redemption module in the AIpp Store. The conversion rate fluctuates based on platform activity and token availability.

Shell Coins:

Tokenomics

$SHELL is the native token of the MyShell ecosystem and plays a crucial role in powering the platform. With a max supply of 1,000,000,000 SHELL tokens. $SHELL contract (on ETH and BSC): 0xf2c88757f8d03634671208935974b60a2a28bdb3

Total Supply

Distribution

SHELL Token Allocation
SHELL Unlock Schedule

Use Cases for Creators, Consumers, and Investors

User TypeUse of $SHELL
Creators$SHELL rewards creators for developing AIpps, monetizes AIpps through transaction fees, sponsorships, and Shell Points. $SHELL also serves as a governance token.
Consumers$SHELL is used by consumers to interact with AI agents, buy premium features, or sponsor AIpps. It provides access to exclusive content and advanced AI models.
InvestorsInvestors buy $SHELL to support AI agent development and participate in the growth of the AI economy, with long-term investment potential as MyShell grows.

How to earn $SHELL

There are several ways users can earn $SHELL tokens:

MethodDescription
HODLer AirdropsBNB holders can earn $SHELL tokens by subscribing BNB to Binance Simple Earn or On-Chain Yields products during designated periods.
AIpp ParticipationUsers can sponsor AIpps, purchase shares, or interact with creators’ AI agents to earn $SHELL tokens.
AIpp StoreCreators and consumers earn $SHELL tokens through actions in the AIpp Store, such as developing, buying, or sponsoring AI agents.
Platform Rewards$SHELL is earned by completing tasks, interacting with agents, and contributing to the growth of MyShell’s ecosystem. These tokens can be staked, traded, or used for platform benefits.

Investors and Backers

MyShell Investors and Backers, including Binance Labs, Dragonfly, and Delphi Ventures.

MyShell has successfully raised $17.48M with $16.60M from private funding and $880K from IDO.

StageAmount RaisedDetails
Pre-Series A (March 27, 2024)$11.00MDragonFly Capital (Lead), Balaji Srinivasan, Delphi Ventures, Santiago R. Santos, OKX Ventures, Maven11 Capital, Bankless Ventures, Illia Polosukhin.
Seed Round (October 16, 2023)$5.60MINCE Capital (Lead), HashKey Capital, SevenX Ventures, Signum Capital, Folius Ventures, Inception Capital, Nomad Capital, TSVCap, Incubate Fund.
Strategic Round (September 11, 2024)Undisclosed071Labs provided strategic support.
Undisclosed Round (August 15, 2024)UndisclosedYZi Labs (Previously Binance Labs) invested in this round.
Public IDO (February 13, 2025)$880K (5%)Platform: PancakeSwap. Token price: $0.022. ROI: 19.14x (+1,814%).

Future Roadmap

2025 Q1

2025 Q2

Conclusion

MyShell is at the forefront of decentralized AI, utilizing blockchain technology to build a transparent ecosystem for creators, consumers, and investors. By enabling ownership and monetization through AIpp shares, transaction fees, and Shell Points, MyShell empowers AI creators and offers both technical and non-technical users access to AI development.

The recent $11 million pre-Series A funding, led by DragonFly Capital and supported by investors like Balaji Srinivasan and OKX Ventures, strengthens MyShell’s position as a Web3 leader. The introduction of the $SHELL token and its Binance listing boosts MyShell’s global exposure, offering users the chance to trade, invest, and earn rewards through the HODLer Airdrops program.

Looking ahead to 2025, MyShell’s roadmap includes innovations like the interactive agent builder and scalable AI learning. With 5M+ users and 200K+ AI agents, MyShell is poised to lead the decentralized AI revolution, empowering users to build, own, and profit from the future of AI.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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