MyShell (SHELL) Project Analysis
1. Research Institute Review
Myshell is a future-leading multimodal AI creation platform based on the opBNB chain, enabling users to effortlessly discover or build various applications powered by natural language processing (NLP). In addition to integrating mainstream models like GPT-3.5 and GPT-4, the MyShell platform hosts a wide array of popular user-created AI agents. Users can not only create their own AI bots with zero coding via ShellAgent but also access over 300 AI applications, fully addressing productivity and entertainment needs—akin to an "App Store" for the AI ecosystem. MyShell has already deployed over 200,000 AI agents, supported by 170,000 creators, with more than 5 million registered users. Creators on the platform earn an average monthly income exceeding $4,000.
2. Recent Highlights
MyShell drives inclusive AI development through its self-developed open-core models (e.g., OpenVoice, an instant voice cloning model, and MeloTTS, a multilingual text-to-speech model) and integrates over 300 powerful open-source and proprietary models. Notably, MeloTTS and OpenVoice rank #1 on GitHub (with over 20 million downloads). MeloTTS is adopted by Google NotebookLM, while Arcane Filter tops Google search rankings.
On February 13, 2025, MyShell conducted a presale on Binance’s Web3 Wallet and PancakeSwap, attracting massive participation and high community engagement.
3. Project Overview
MyShell is a Web3-enabled AI platform empowering creators to build AI agents or bots for consumer use. Its core vision is to establish an open, fair, and efficient AI creation ecosystem, equipping creators with advanced tools while enabling users to enjoy personalized AI services seamlessly.
4. Utility of the $SHELL Token
- Subscription Fees: Users pay $SHELL for premium AI tools or direct support.
- Advertising: Users spend $SHELL to promote AI apps, boosting platform visibility.
- Collectibles: Users pay $SHELL to collect AI apps and earn incentives via rewards.
- Service Monetization: Creators charge $SHELL for access to their AI services, or sell data to MyShell.
- Governance: $SHELL holders vote on platform development and strategic decisions.
- Platform Fees: MyShell charges $SHELL as service fees for transactions.
5. Tokenomics
Total Supply: 1,000,000,000 $SHELL
Category | Allocation | Release Details |
Private Sale | 29% | 1-year lock-up, then linear release over 3y |
Advisors | 3% | 1-year lock-up, then linear release over 3y |
Team | 12% | 1-year lock-up, then linear release over 4y |
IDO | 4% | Fully unlocked at TGE |
Marketing | 3.5% | Fully unlocked at TGE |
Ecosystem & Treasury | 13.5% | 7.5% at TGE, linear release over 5y |
Community Incentives | 30% | 7% at TGE, linear release over 5y |
Liquidity | 5% | Fully unlocked at TGE |
Total TGE Release 27%
6. Project Highlights
- None specified.
7. Investors & Backing
Myshell was selected as one of the 12 projects in Binance Labs' Season 6 Incubation Program in September 2023, and was also invested by Binance Labs. myShell attracted top investors from around the globe, accumulating $16 million in funding from major investors: DragonFly Capital, Binance Labs, OKX Ventures, Hashkey Capital, Delphi Ventures, Balaji Srinivasan, and others, valuing MyShell at $57 million. MyShell has attracted top global investors with a cumulative funding of $16 million from major investors: DragonFly Capital, Binance Labs, OKX Ventures, HashKey Capital, Delphi Ventures, Balaji Srinivasan, and others, valuing MyShell at $57 million. This strong capital backing provides ample ammunition and a solid foundation for the rapid expansion of its ecosystem and technology development.
8. Community
- Twitter: https://x.com/myshell_ai (200K followers)
9. Unique Tokenomics
- None specified.
10. Future Outlook
MyShell offers a transformative path for content creators and traditional industries transitioning into the AI era. While it excels in innovation and business models, it faces fierce competition from tech giants and AI startups. To dominate the AI creator economy, MyShell must sustain innovation, scale its user base, and build brand influence. Whether it becomes a pioneer or a fleeting tech bubble remains to be seen.
Basic Information
Project Introduction: MyShell is a web3-enabled AI platform that allows creators to build AI agents or bots that consumers and users can use. Its core vision is to create an open, fair, and efficient AI authoring ecosystem that provides creators with more powerful AI tools while making it easy for users to enjoy personalized AI services.
Token Full Name: MyShell
Token Name: SHELL
Project Website: https://myshell.ai/
Project Documentation: None
Blockchain Query: https://bscscan.com/token/0xf2c88757f8d03634671208935974b60a2a28bdb3
Liquidity Query: None