The world’s largest crypto exchange platform by trading volume is adding support and airdropping for Chainbase (C), an artificial intelligence (AI) altcoin that integrates blockchain interfaces.
In a new announcement, Binance says that Chainbase will be the newest token added to the HODLer Airdrops program, which gives users awards based on their balance of BNB, the native asset of Binance.
“Binance is excited to announce the 28th project on the HODLer Airdrops page – Chainbase (C). Chainbase is a Hyperdata Network for AI.”
Binance also added the token to its other programs– such as Binance Simple Earn, “Buy Crypto”, Binance Convert, and Binance Margin – before it shot up in price.
News of the additions caused C to spike, going from a July 17th low of $0.125 to a peak of $0.51 just a day later. The asset has since retraced and is trading for $0.401 at time of writing, a staggering 229.7% gain during the last 24 hours.
On its website, Chainbase describes itself as an AI protocol that attempts to unify data from all existing blockchains into one ecosystem.
“Chainbase is the world’s largest hyperdata network designed to integrate all blockchain data into a unified ecosystem, providing an open and transparent data interoperability layer for the AI era.
It has designed a novel dual-chain technology architecture that bridges the programmability and composability of crypto data, which supports high throughput, low latency, and eventual determinism, as well as higher cybersecurity through a dual staking model.”
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