Walrus (WAL) is Now Live on Binance Alpha: How To Participate and Claim the $WAL Airdrop

Key Takeaways:

• Walrus (WAL), a decentralized storage platform, is now live on the Binance Alpha platform.
• The Walrus Alpha airdrop is open for 24 hours between October 9, 07:00 (UTC) and October 10, 07:00 (UTC).
• Eligible Binance users can participate in two phases of the Walrus Airdrop on Alpha and claim 150 $WAL tokens.

On October 9, Binance announced that Walrus (WAL), the developer platform enabling data markets for the AI era, is now live on Binance Alpha. Along with the launch, Binance announced an exclusive Walrus airdrop campaign on the Alpha platform. 

Eligible users can claim 150 $WAL tokens in the two-phase alpha airdrop campaign. In this article, we will explain how you can participate in the Binance Alpha airdrop and how the Walrus project works. 

Walrus (WAL) Airdrop Details

• Project Name: Walrus 
• Token Ticker: $WAL
• Airdrop Duration: October 9, 07:00 (UTC) – October 10, 07:00 (UTC) 
• Airdrop Reward: 150 $WAL
• Platform: Binance Alpha
• Eligibility Requirements: Phase 1 – 210 Alpha Points (APs), Phase 1 – 195 Alpha Points

How To Participate in the $WAL Airdrop Campaign

Walrus opened for trading on the Binance Alpha platform on October 9 at 07:00 (UTC). The $WAL airdrop kicked off immediately Walrus began trading on Alpha. 

The airdrop campaign is open for the next 24 hours and is available in two phases. 

• Phase 1: Runs for the first 18 hours and is open to users holding at least 210 Binance Alpha points.
• Phase 2: Runs for the last 6 hours and is open to users holding at least 195 Binance Alpha points.

If you meet the requirement for the Walrus airdrop, do the following to claim your allocated $WAL tokens:

• Install the latest version of Binance.
• Log in to your Binance Wallet, open Alpha. 
• Locate Walrus in the Airdrop section of the Binance Alpha Event page.
• Click Claim, and a claim cost of 15 Alpha Points will be deducted from your account.
• Claim the tokens within the 24 hours it is open, or it will be considered that you forfeited your claim to the airdrop.
• 150 $WAL tokens will be credited directly to your Binance Alpha account. 

Please note that the Walrus (WAL) airdrop will be distributed on a first-come, first-served basis, so be sure to be among the first users to apply. 

About the Walrus Project

Walrus is a decentralized storage protocol and developer platform that is optimally suited to satisfy the increasingly high demands of data markets in the AI era. Walrus leverages the high-performance Sui blockchain to deliver scalable, secure, and cost-effective storage services of large binary files or blobs. 

The main innovation of the Walrus protocol is the fragmentation and distribution of stored data on a decentralized network of nodes, ensuring durability, availability, and fault tolerance. Its model eliminates the single points of failure that are present in centralized cloud storage and retains the lightning-fast read and write speeds that are essential in high-throughput applications.

Walrus is tightly integrated with the Sui blockchain, leveraging its secure object model and the Move programming language to enable programmable data storage and smart contract-based interactions with stored data. The combination enables the data to be tokenized, transferred and written in decentralized applications dynamically.

Walrus has comparably lower storage prices than Filecoin and Arweave due to a lower replication factor and effective encoding strategies. Because of this, Walrus has quickly gained attention from reputable investors and partners, including top-tier VC firms like Andreessen Horowitz and Electric Capital.