The Bad Idea AI token (BAD), one of the Shibarium partners, is going to be listed on the Poloniex cryptocurrency market, which is owned by Justin Sun, the inventor of the Tron network.
The trading platform is giving away BAD tokens to traders for a total of $22,000 to commemorate this amazing occasion.
BAD giveaway details
The promotional giveaway campaign will run from today (July 26) until Aug. 2 for one week.
Three segments will make up the airdrop, each with its own conditions for participation. Traders must invite friends and provide them their personal connections so they may sign up for Poloniex in order to participate in the first airdrop. The airdrop of $2,000 in BAD will be open to those who bring in new users. One trader can receive up to $20 worth of BAD as compensation.
Having BAD tokens is required for the second airdrop, after which users can take part in a $5,000 BAD prize. A minimum of 285 BAD tokens must be present on each participant’s balance sheet.
Every day of the giveaway week, Poloniex will randomly take pictures of the participants’ wallets.
The final contest has the largest prize pool, with $15,000 worth of BAD up for grabs. Users must trade BAD and meet the Poloniex team’s minimum trading volume requirements in order to participate.
In June of this year, the Bad Idea AI tech initiative announced its alliance with the Shibarium Layer 2 blockchain. Blockchain, AI, DAOs, and memes are all contained into the AI-based coin known as BAD.
Shibarium transaction count keeps growing
Puppynet (the name given to the Shibarium beta that went live on March 11) has experienced steady and rapid development in the number of transactions, according to the Puppyscan explorer. In only three days, Shibarium users added one million transactions.
This number has increased by another half million over the last three days to 32,546,986. 1,854,453 blocks have been mined on Puppynet altogether.
Shibarium rejects BAD listing offer from ill-famed exchange
A week ago, Lucie, a Shiba Inu marketing expert, said that a specific exchange had offered the SHIB team the chance to promote BAD.
The offer was turned down, nevertheless, since the cryptocurrency trading company had shortchanged BONE users by preventing them from withdrawing their cryptocurrency over a year prior. Biconomy is this interaction, according to a report.
The Canadian company Biconomy was established in 2017, the year when Bitcoin first crossed the $20,000 mark. In July 2022, the platform debuted a “BONE listing celebration” featuring a trading contest and awards.
MaximousDarwin, a devoted supporter of SHIB on Twitter, transferred all of his BONE stashes there from his MetaMask wallet and MEXC exchange. After a few days of trading, Biconomy experienced a little issue with withdrawals. The user opted to entirely remove his BONE from the transaction when he saw indications of a potential rug pull, but he eventually had to pay very expensive costs for it.
The SHIB Telegram channel administrators, who were approached by Biconomy over the BAD listing, were aware of that information and declined the offer. According to Lucie, their objective was to safeguard investors and users of Shibarium rather than merely get BAD listed everywhere and inflate up their profits.
