What is MyShell?
MyShell is an AI-integrated chatbot platform built on the BNB Chain, enabling users to create, interact with, and monetize AI chatbots. The project aims to develop a decentralized AI ecosystem where anyone can easily build, own, and profit from AI products.
MyShell provides various tools that allow users to access AI without requiring programming skills. It is also one of the three rare AI projects selected by Binance Labs to participate in the Season 6 Incubation Program
1. Decentralized AI Ecosystem
MyShell combines AI technology with blockchain, providing a powerful platform for developing and sharing AI applications. Users can:
- Chat with intelligent AI chatbots.
- Create their own AI chatbots.
- Invest in and profit from AI chatbots.
All these activities are tokenized, ensuring transparency and fairness in value distribution.
2. Ownership and Trading of AI Applications on AIpp Store
MyShell has developed AIpp Store, a platform that allows:
- Users to buy and sell “shares” of AI chatbots to earn profits.
- AI developers to publish chatbots and receive rewards when others use them.
AIpp Store creates an open AI trading marketplace, similar to the models of Friend.tech or Pump.fun but specifically designed for AI.
3. Open-Source AI Technology & Advanced AI Models
MyShell supports popular AI models like GPT-4 and also develops its own AI models, including:
- OpenVoice: AI voice cloning technology.
- MeloTTS: Advanced speech synthesis technology.
- (In development): A specialized deep AI model designed for MyShell.
These technologies enhance user experiences and support AI creators in developing more intelligent chatbots.
MyShell Ecosystem
MyShell is developing a diverse AI ecosystem with three main products:
1. AI Chat Bot
A platform that integrates multiple AI chatbots with capabilities such as chatting, messaging, image generation, audio creation, and specialized tasks like trading or meme creation.
Some notable AI chatbots:
- Text Chatbot: Similar to ChatGPT.
- Voice Chatbot: Functions like Apple Siri or Google Assistant.
- Image Chatbot: Comparable to Midjourney.
A tool that allows users to create their own AI chatbot without programming.
It includes three modes:
- Classic Mode: Simple and user-friendly interface.
- Dev Mode: Designed for users with AI and programming knowledge.
- No-Code Mode: A simplified version of Dev Mode.
A model similar to Friend.tech & Pump.fun, where users can invest in their favorite chatbots to earn royalties from the bot’s revenue.
- Bonding Curve Mechanism: The price of chatbot "shares" increases as more people buy them.
- Participation Requirement: Users need to own an NFT Creator Pass on Ethereum (priced at 0.25 – 0.3 ETH on OpenSea).
What is the SHELL Token?
SHELL is the native token of the MyShell ecosystem, serving multiple purposes such as payments, governance, incentives, and liquidity provision.
SHELL Token Information
- Token Name: MyShell
- Ticker: SHELL
- Blockchain: Ethereum & BSC
- Contract: 0xf2c88757f8d03634671208935974b60a2a28bdb3
- Total Supply: 1,000,000,000 SHELL
- Token Type: Utility, Governance
SHELL Token Allocation:
Investors & Partners
MyShell has raised over $16 million across multiple funding rounds:
- 2023: Raised $200,000 in the Pre-seed round (investors undisclosed).
- October 2023: Secured $5.6 million in the Seed round at a $57 million valuation, led by INCE Capital.
- March 2024: Raised $11 million from Dragonfly Capital, Delphi Digital, and Bankless Ventures.
- August 2024: Binance Labs officially announced its investment in MyShell.
Exchange Listing & Binance HODLer Airdrop
Binance recently announced the listing of MyShell (SHELL) as the 10th project in its Binance HODLer Airdrops program.
- Airdrop Period:
Users who staked BNB in Simple Earn from 7:00 AM (VN Time) on February 14, 2025, to 6:59 AM (VN Time) on February 19, 2025, will receive an airdrop distribution. - Airdrop Rewards: 25,000,000 SHELL (2.5% of total supply)
- Distribution: Tokens will be distributed to users’ Spot Wallets one hour before trading begins.
More details: Binance listing MyShell (SHELL) through the Binance HODLer Airdrops program.
Preliminary Assessment
- $SHELL’s intrinsic value is lower than $IP or $KAITO, as it has already undergone TGE (Token Generation Event).
- IDO positioning on Binance Wallet has seen over 30x growth.
Further Analysis: (Include a link to detailed analysis)
Conclusion
MyShell is a decentralized AI chatbot project, integrating AI with blockchain to create an open platform where users can build, invest in, and monetize AI chatbots.
With backing from Binance Labs, Dragonfly Capital, and other major funds, MyShell has strong potential to become a leading AI platform in the Web3 ecosystem.