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Cryptocurrency News Articles

Binance Web3 Wallet and BEVM Launch Exclusive Airdrop Event

Apr 06, 2024 at 12:58 am

Binance Web3 Wallet has launched an airdrop event with BEVM, a BTC Layer2 project. Users completing three simple tasks on BEVM through the wallet will receive an exclusive BEVM token airdrop. This is the first collaboration between Binance Web3 Wallet and a Bitcoin Layer2. BEVM leverages Taproot Consensus and uses BTC as gas, enabling decentralized BTC cross-chain transactions and expanding BTC into a wider range of applications.

Binance Web3 Wallet and BEVM Launch Exclusive Airdrop Event

Binance Web3 Wallet and BEVM Launch Exclusive Airdrop Event

Cardiff, UK – April 4th, 2024

Binance Web3 Wallet and BEVM, a cutting-edge Bitcoin Layer2 project, have joined forces to unveil an exclusive airdrop event for users. Binance Wallet users who engage in designated on-chain activities through Binance Web3 Wallet will receive an exclusive allocation of BEVM tokens.

BEVM: Bridging the Gap Between Bitcoin and Ethereum

BEVM is an EVM-compatible Bitcoin Layer2 solution that leverages $BTC as gas for transactions. This revolutionary platform enables decentralized cross-chain interoperability, fostering seamless operation of DApps on Bitcoin Layer2. With its innovative architecture, BEVM ensures data integrity, decentralized processing, and a robust consensus mechanism, enhancing scalability and security.

A Transformative Collaboration

This collaboration marks Binance Web3 Wallet's first airdrop event with a Bitcoin Layer2 project. BEVM has allocated 0.5% of its total token supply, amounting to 10,500,000 BEVM, for distribution to participating Binance Wallet users.

User Participation Made Easy

To participate in the event, users can access the Binance Web3 Wallet and navigate to https://binance-campaign.bevm.io. The event comprises three simple on-chain tasks:

  • **Bridge $BTC to BEVM:** Users can follow the on-page instructions to seamlessly transfer their $BTC from the main chain to BEVM.
  • Create Position in Satoshi Protocol: Participants can create a new position using the Satoshi Protocol, a decentralized exchange on BEVM.
  • Daily Check-in: Users are encouraged to visit the BEVM page daily to check in and earn additional rewards.

Technical Prowess and Market Traction

BEVM's Taproot Consensus technology has propelled it to become one of the most implemented Bitcoin Layer2 solutions, boasting over 600,000 user addresses within a week of its mainnet launch. Its strong technical foundation and native integration with Bitcoin technology provide unparalleled advantages in decentralization and scalability.

Investment Confidence and Market Validation

BEVM's recent successful funding round, which raised $10 million with a post-investment valuation of up to $200 million, underscores the project's potential and has attracted investments from leading venture capital firms and crypto institutions, including Rocktree Capital, Waterdrip Capital, and ViaBTC Capital.

Conclusion

The collaboration between Binance Web3 Wallet and BEVM presents an exceptional opportunity for users to participate in the growth and adoption of Bitcoin's ecosystem. With the exclusive airdrop event, users can seamlessly engage with BEVM's groundbreaking technology and contribute to its mission of bringing innovation to the Bitcoin Layer2 landscape.

About BEVM

BEVM is an EVM-compatible Bitcoin Layer2 solution that utilizes $BTC as gas for transactions. This fully decentralized platform facilitates seamless cross-chain interoperability, allowing DApps to operate seamlessly on Bitcoin Layer2. Through innovative cross-chain interaction, data integrity assurance, decentralized processing, and a robust consensus mechanism, BEVM empowers developers to unlock new possibilities for the Bitcoin ecosystem.

For more information, visit BEVM's official website at bevm.io.

Contact

BEVM Team

[email protected]

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Other articles published on Nov 19, 2024