Binance has announced that Alpha will be the first platform to support Planck Network (PLANCK) on November 13 at 12:00 (UTC). To celebrate the launch, Binance will host an exclusive airdrop. Eligible traders who hold 220 Alpha Points can apply for the $PLANCK airdrop.
At 12:30 (UTC), Binance Futures will list the PLANCKUSDT perpetual futures contract. In this article, you’ll learn all that you need to know about the Planck Network and how to participate in the airdrop to claim free $PLANCK tokens.
Planck Network (PLANCK) Binance Alpha Launch Details
- Project Name: Planck Network
- Token Ticker: $PLANCK
- Airdrop Duration: November 13, 12:00 (UTC)
- Airdrops Rewards: 200 $PLANCK
- Platform: Binance Alpha
- Eligibility Requirements: 220 Alpha Points
How To Participate in the $PLANCK Airdrop Campaign
Binance Alpha will open trading for Planck Network at 12:00 (UTC) on November 13. The Planck Network airdrop portal will be opened immediately. Eligible Alpha traders can start applying for the $PLANCK token.
To qualify for this airdrop, you need to hold at least 220 Alpha Points. You can earn more Alpha Points by trading more Alpha tokens. After every five minutes, the threshold requirement is reduced by 5 Alpha Points until the airdrop is fully distributed.
If you meet the requirement when Planck goes live, open the Alpha Event page and locate Planck Network in the airdrop section. Click ‘Apply,’ and a claim cost of 15 Alpha Points will be deducted from your account.
You need to claim your allocated 200 $PLANCK tokens within 24 hours. If you don’t, Binance will otherwise consider them forfeited. Additionally, this is a first-come, first-served airdrop campaign. So, be sure to apply as soon as $PLANCK begins trading to have a chance.
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Perpetual Futures Launch Details for Planck Network
At 12:30 (UTC) on November 13, Binance Futures will begin trading for the $PLANCK token.
- Contract Details: PLANCKUSDT (USDⓈ-M)
- Launch Time: November 13, 12:30 (UTC)
- Maximum Leverage: 50x
- Fee Settlement Frequency: Every 4 hours
- Multi-Assets Mode: Supported
After listing, Binance will add PLANCKUSDT to the New Listing Fee Promotion section. Also, Binance will make PLANCKUSDT available for Futures Copy Trading within 24 hours of its listing.
What is the Planck Network?
Source: X
Planck Network is a new decentralized technology platform. It is aimed at driving the future of artificial intelligence with blockchain technology. Planck is based on a modular Layer-0 protocol. It provides a decentralized cloud for AI-native blockchains, rollups, and decentralized physical infrastructure networks (DePINs).
It operates on high-performance GPUs on a worldwide network. Planck has adopted this system with the idea that it allows developers, enterprises, and startups to do efficient, low-cost AI computing. The key elements of the Planck Network are:
- Planck-0 (Layer-0): A cross-chain interoperability and messaging base layer. It operates across sovereign AI chains, rollups, and DePIN networks. It also has compute-aware smart contracts.
- Planck(1): An AI Layer-1 blockchain designed to run AI workloads. Planck 1 is an AI app and an autonomous agent execution environment.
- Staking Pools: Stake tokens or GPUs and receive rewards.
- GPU Console: A decentralized bare-metal GPU cloud platform. It allows direct and secure access with censorship resistance to powerful GPUs to train AI models.
- AI Studio: AI developers train, fine-tune, and deploy machine learning models. It supports embedded dataset management, pipeline automation, and on-chain inference.
Planck lowers reliance on centralized cloud providers and reduces costs by up to 70-90%. Overall, its aim is to increase the adoption of AI-powered dApps by democratizing and decentralizing AI infrastructure.
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