MyShell PriceSHELL

What is MyShell (SHELL)?

MyShell (SHELL) is a decentralized AI consumer layer built to let anyone create, share, and own AI agents. The project positions itself as an app layer for generative AI, bridging artificial intelligence and blockchain through agentic frameworks, open-source models, and an AI creator community. Users can build AI avatars with voice, interact with existing agents, and participate in a platform that combines AI-powered entertainment and utility with shared ownership. The project was founded in 2023, and the SHELL token launched in February 2025 on Ethereum. MyShell is categorized under AI & Big Data, AI Agents, Artificial Intelligence, and Governance. The ecosystem connects three main groups — creators, consumers, and patrons — with SHELL serving as the native token that facilitates value exchange across the platform.

Key Specifications & Tokenomics

• Name: MyShell
• Ticker/Symbol: SHELL
• Blockchain/Platform: Ethereum
• Contract Address (Ethereum): 0xf2c88757f8d03634671208935974b60a2a28bdb3
• Explorer: etherscan.io
• Asset Type: Token
• Categories: AI & Big Data, YZi Labs Portfolio, AI Agents, Artificial Intelligence, Governance
• Total Supply: 1,000,000,000 SHELL
• Max Supply: 1,000,000,000 SHELL
• Circulating Supply: 441,555,556 SHELL
• Circulating Supply Percentage: 44.16%
• Public Sale Price: $0.02 (Binance Wallet, February 13, 2025)
• Private Round Price: $0.0373
• Public Sale Allocation: 40M SHELL
• Public Sale Cap: $800k

The total supply is capped at 1,000,000,000 SHELL, with tokens released over time according to a vesting schedule; one source also describes an elastic supply model, so the exact supply policy should be confirmed in the official documentation (docs.myshell.ai). Valuation metrics such as FDV and market cap change continuously and are displayed on data platforms.

Vesting terms: the public round was 100% unlocked at launch; the private round unlocks 5% at TGE with a 2-year vesting period; team tokens have a 1-year cliff followed by 4-year vesting; advisor tokens vest over 5 years; treasury tokens unlock 15% at TGE with 5-year vesting; incentive tokens vest over 4 years; liquidity was 100% unlocked.

Who created MyShell?

MyShell was founded by Rick Lin and Charles Z Qin, with Ethan Sun serving as CEO and co-founder. The founding team established the project based on the insight that there is significant potential in bridging AI and blockchain technology. The project has a lean team of 14 employees. MyShell raised $5.6 million in a seed round in October 2023, with investors including Folius Ventures, HashKey Capital, Signum Capital, and SevenX Ventures. In March 2024, MyShell raised $11 million in a Pre-Series A round led by Dragonfly Capital, with participation from Nascent, Delphi Digital, OKX Ventures, and Maven 11 Capital. The project is tagged under the YZi Labs Portfolio.

How does MyShell work?

MyShell's core creation tool, ShellAgent, is described as an open-source, modular framework that lets users build AI agents without coding; the platform runs on Ethereum. The platform enables anyone to create, own, and monetize AI applications without requiring coding skills. At its core, MyShell utilizes agentic frameworks that allow users to build AI agents — including voice-enabled AI avatars — and interact with agents created by others. The platform connects consumers, AI agent creators, and open-source researchers in a shared economy. Creators can earn rewards for their contributions to the platform, with payout details described in the official documentation. The SHELL token powers the ecosystem, granting access to premium features, enabling creator support, and facilitating value exchange among the three primary user categories: creators, consumers, and patrons.

ShellAgent is MyShell's no-code agent builder. Users initialize a State, pick widgets for different tasks, set variables and transitions, and connect States by drawing lines between blocks. Finished agents can be exported as a JSON file, shared with others, or dragged into the MyShell Workshop page to deploy instantly.

What makes MyShell unique and valuable?

MyShell distinguishes itself by combining AI creation tools with blockchain-based ownership and monetization. Unlike traditional AI platforms where users are merely consumers, MyShell offers shared ownership, allowing participants to have a stake in the ecosystem. The no-code approach lowers the barrier to entry, enabling anyone to build and monetize AI agents regardless of technical background. The project's focus on open-source models and its position as an AI consumer layer for discovering, creating, and investing in AI-native apps further differentiates it. By bridging AI and blockchain through agentic frameworks, MyShell addresses both the growing demand for AI-powered entertainment and utility and the desire for decentralized ownership models.

What is MyShell used for?

SHELL is the native utility token powering the MyShell ecosystem. It grants holders access to premium features on the platform, enables support for creators through direct contributions, and facilitates value exchange among creators, consumers, and patrons. Users can discover, create, and invest in AI-native apps, and SHELL grants access to premium features and supports creators. Users can also participate in governance decisions and engage with the broader MyShell economy. The token also plays a role in incentivizing the creation and sharing of AI agents, aligning the interests of all participants in the ecosystem. As the platform expands its AI agent offerings and community features, SHELL serves as the primary medium for transactions and rewards within the network.

How Is the MyShell ecosystem developing?

The MyShell ecosystem is centered on an AI consumer layer where users build, share, and own AI agents. The platform supports the discovery, creation, and investing of AI-native applications, with a growing community of creators, consumers, and patrons. Social engagement occurs through platforms including X (Twitter) and Telegram, with the project maintaining an active presence. The project maintains an active community on X (Twitter) and Telegram; current holder counts are shown on data platforms such as CoinMarketCap. Documentation resources, including tokenomics details and guides on obtaining SHELL, are publicly available. The ecosystem continues to develop its agentic frameworks and open-source AI models, aiming to expand the range of AI-powered entertainment and utility applications available to users.

How to mine MyShell?

MyShell (SHELL) is not mined through traditional proof-of-work mechanisms. SHELL is an ERC-20-style token issued on Ethereum, so its transactions are secured by Ethereum's network rather than by a separate MyShell mining process. New SHELL enters circulation through the token's release and vesting schedule, not through mining. Participants can engage with the ecosystem through platform activities and potentially earn rewards. The project emphasizes creator support and value exchange rather than mining. Those interested in acquiring SHELL typically do so through supported trading venues or by participating in platform activities that distribute tokens as rewards.

How to keep your MyShell Coin safe?

To keep your SHELL tokens safe, use a reputable self-custody wallet that supports Ethereum-based assets. Always verify contract addresses before interacting with any token, and be cautious of phishing attempts or unofficial links. Enable two-factor authentication on any exchange accounts you use, and consider using a hardware wallet for long-term storage. Never share your private keys or seed phrases with anyone. SHELL is issued on Ethereum; verify the contract address on the official site before interacting. Regularly review token approvals and revoke any permissions that are no longer needed. Staying informed through official MyShell channels — such as the project's website and documentation — helps you avoid scams and stay updated on security best practices.

Security: MyShell publishes documentation at docs.myshell.ai; a MiCA whitepaper was prepared for MyShell Limited for regulatory submissions. Readers should review audit reports and official disclosures directly rather than relying on third-party scores.

Risk disclosure: the price of SHELL can be volatile, and regulatory policies in different jurisdictions may affect how the token can be used or accessed. Technical risks, including smart contract vulnerabilities and changes to platform features, also apply. This article is for reference only and does not constitute investment advice.