Blockchain infrastructure provider Biconomy has announced the launch of its native BICO token by late November, allocating 1% of the total supply (20 million tokens) for airdrops. The distribution includes:
- 5 million tokens for participants of its Early Adopter Program
- 5 million tokens as retroactive airdrops to users of its cross-chain bridge Hyphen
- A snapshot was completed on November 1, 16:00 UTC
Tokenomics Overview
BICO’s total supply is capped at 1 billion tokens, with the following allocations:
| Allocation | Percentage |
|--------------------|------------|
| Private & Strategic Sales | 24.88% |
| Team & Advisors | 22% |
| Foundation | 10% |
| Public Sale (CoinList, etc.) | 5% |
| Community | 38.12% |
Key Features of Biconomy
Biconomy streamlines Web3.0 adoption through:
- Gasless transactions
- Instant cross-chain transfers
- Flexible gas payment options
By reducing blockchain friction, it enhances usability, interoperability, and composability for decentralized applications.
FAQ
Q: How can I qualify for the BICO airdrop?
A: Engage with Biconomy’s Early Adopter Program or use the Hyphen bridge before the snapshot date.
Q: What is BICO’s primary utility?
A: The token powers governance, staking, and fee mechanisms within Biconomy’s ecosystem.
Q: When will BICO be listed on exchanges?
A: Details will follow the late November launch; monitor Biconomy’s official channels.
👉 Explore Biconomy’s Tokenomics in Depth
👉 Master Cross-Chain Transactions with Hyphen
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