Drawing, the native token of the drawing protocol, will make his debut today on Binance after his tokentameration event and mainnet launch.
In one announcement On April 25, Crypto Exchange Binance said that it will be registered at 11:00 UTC on 28 April 2025, with trading couples against USDT, USDC, BNB, FDUSD and trying. The tokens are available in Ethereum, Binance Smart Chain and Base Networks.
The TGE for the board is planned an hour earlier, at 10:00 UTC on the same day. During the event, drawing tokens is beaten on Ethereum and bridged to other supported networks, so that the launch of the Mainnet of Sign Protocol is officially stopped.
Before the spot trade starts, the board on Binance Alpha, the early stage platform of Binance, will be from 10:00 UTC. Binance will also AirDrop 1500 Drawing Tokens For users who have at least 65 alpha points, with tokens that arrive live on Alfa accounts within 10 minutes after the trade.
Alpha points are a system that uses Binance to reward user activity within the Binance wallet and Alfa Ecosystem.
Separately, Binance will register 200 million registration tokens to BNB holders who subscribe to simple merits or on-chain revenues between 15 April and 19 April 2025.
Tick has a total stock of 10 billion tokens. With the launch, around 1.2 billion tokens, or about 12% of the offer, will be in circulation.
From the total supply, 40% are assigned to the community, reserved by 10% or 1 billion tokens for TGE -AREdrops and the rest for future rewards and ecosystem growth. 20% is reserved for early backers, 10% for the founder, 10% for the foundation and another 10% to support the wider ecosystem, with fortress schedules for team and investor allocations.
In addition to Binance, other exchanges such as Bybit, Bitget, Gate.io and Mexc have also announced plans to sum up sign on the same day.
What is the drawing protocol?
The drawing protocol began in 2020 under the name Ethsign, before Rebranding when it spread to certificates from Omni-Chain. It is a protocol that helps decentralized applications to verify and confirm information in different block chains.
This allows users to easily create verified certificates, save and gain access to verified certificates, with the aim of making cross-chain verification more efficient, safer and developer-friendly.
The network is powered by the drawing saps, which covers certificate costs, rewards participants who help maintain and secure the protocol and gives the community a control in future upgrades and protocol changes.
In January 2025, the project collected $ 16 million from a group of large investors, including YZI Labs (formerly Binance Labs), HACK VC, Amber Group and Altos Ventures, with a strong support for his vision of building Web3 Trust Infrastructure.
The project is also supported by Sequoia Capital and Circle Ventures, in an earlier seed financing round of $ 12 million in March 2022.
