The Biconomy Exchange Token (BIT) airdrop in 2022 distributed 2.4 billion tokens to users who staked MX on MEXC. Learn how it worked, where BIT trades today, and whether it’s still worth holding.
BIT token distribution: How it works, who gets it, and why it matters
When you hear BIT token distribution, the process of allocating a cryptocurrency’s total supply to wallets, teams, investors, and the public. Also known as token allocation, it determines who holds power, who profits, and whether a project survives beyond its launch hype. Most people think token distribution is just a number on a whitepaper. It’s not. It’s the hidden blueprint that decides if a coin becomes a long-term asset or a flash-in-the-pan scam.
The real story of token allocation, how a project divides its supply among founders, early backers, liquidity pools, and public airdrops is rarely told. Look at the posts here—WagyuSwap’s IDO airdrop ended years ago, Seascape Crowns had a tiny 2021 drop, and APENFT handed out 45 billion tokens to 10,000 winners. These aren’t random events. They’re deliberate moves. Some teams lock up 30% for five years. Others dump 60% on exchanges the day after launch. One wrong move, and the price crashes before anyone even buys in.
Then there’s airdrop distribution, the free token giveaway used to seed adoption, reward early users, or create hype. Also known as token airdrop, it sounds like free money—but most airdrops are traps. If you’re chasing a "free BIT token airdrop" right now, you’re probably walking into a phishing site. Real airdrops don’t ask for your private key. They don’t require you to join 10 Telegram groups. And they don’t vanish after 48 hours. The ones that last—like CoinW’s cashback model—tie rewards to actual usage, not just hype. And let’s not forget blockchain token supply, the total number of tokens ever created, locked, or burned. A project with 1 billion tokens and 90% held by five wallets isn’t decentralized. It’s a controlled experiment. The posts here show it: Core Dao Swap has zero traffic, 1BCH.com has no users, FreiExchange hides withdrawal fees. These aren’t failures of tech—they’re failures of fair distribution.
If you’re holding any token, ask: Who controls the majority? When do unlocks happen? Was the distribution fair, or was it designed to pump and dump? The answers are in the details—hidden in contract codes, locked wallets, and community forums. The posts below don’t just list projects. They show you what happened after the launch, who got left behind, and why some tokens still have value years later—while others turned to dust.