Cryptocurrency

Binance announces exclusive airdrop for BEVM launch on BTC L2 project.

Exciting Collaboration Between Binance Web3 Wallet and BEVM

Introduction

Cardiff, 英国, April 4th, 2024, Chainwire

Joint Airdrop Event Announcement

Binance Web3 Wallet and BEVM are thrilled to announce the launch of a joint airdrop event. This collaboration offers Binance Wallet users the opportunity to partake in three simple tasks on BEVM through the Binance Web3 Wallet to receive an exclusive airdrop of BEVM tokens. A total of 10,500,000 (0.5%) $BEVM tokens have been allocated for this airdrop, marking a significant milestone for both platforms. This event signifies the first partnership between Binance Web3 Wallet and Layer2 technology.

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Introducing BEVM

BEVM is a groundbreaking EVM-compatible Bitcoin layer2 solution based on Taproot Consensus technology. It utilizes $BTC as gas, enabling fully decentralized $BTC cross-chain transactions. With BEVM, $BTC can now be seamlessly integrated into a wider range of applications in a trustless manner. Following its successful funding round of ten million dollars, BEVM officially launched its mainnet on March 28, attracting over 600,000 user addresses within a week.

Key Milestones of BEVM

  • 2017: Establishment of the BEVM team
  • 2018: Launch of the BTC Layer 2 solution ChainX
  • June 2023: Proposal of the BEVM Canary Network
  • November 29, 2023: Publication of the BEVM whitepaper
  • March 2024: Completion of a $10 million funding round
  • March 2024: Mainnet launch

BEVM Funding Details

On March 25, 2024, BEVM successfully secured a $10 million funding round with a post-investment valuation of up to $200 million. Notable investors include RockTree Capital, MH Ventures, Mapleblock, Arkstream Capital, and Viabtc Capital, highlighting the project’s potential in the crypto market.

BEVM Technical Advantages

BEVM stands out in the market with its Taproot Consensus technology, offering unparalleled advantages in Bitcoin Layer2 solutions. The platform’s use of Schnorr Signature + MAST Contract + Bitcoin Light Node Network ensures decentralization, secure cross-chain transactions, and efficient management, making it a preferred choice for users.

Binance Web3 Wallet and BEVM Campaign

BEVM and Binance Web3 Wallet have initiated an exclusive airdrop campaign for users to participate in on-chain activities. With 0.5% of its total token supply dedicated to this event, BEVM aims to engage Binance Wallet users in their first joint airdrop campaign with a Bitcoin Layer2 platform.

To join the campaign, users can follow the steps provided by Binance Web3 Wallet and visit the specified link for more details on the tasks required. The campaign offers an exciting opportunity for users to explore the functionalities of BEVM and earn rewards through their participation.

Conclusion

BEVM continues to innovate and drive advancements in the crypto space, with its collaborative efforts with Binance Web3 Wallet showcasing the potential for growth and adoption in the industry. Stay tuned for more updates and developments from BEVM as they pave the way for a decentralized and interconnected crypto ecosystem.

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