Renowned crypto exchange, Binance, is all set to launch FIR, the native token of the Fireverse. The token is set to be listed on its Alpha platform, with an airdrop on August 6, 2025, marking a major milestone for FIR. Its demand in the market and recent developments are adding to the hype.
What is Fireverse?
Fireverse, a Web3 music platform powered by AI and blockchain technology, is officially launching its native token, FIR. The platform has recently gained $2.5 million in Series A funding. Additionally, it has attracted over 16 million users in less than a year since its launch in October 2024 by allowing them to generate, distribute, and promote music through AI-powered tools.
📍A New Historic Milestone for Fireverse
– From 0 to over 16M users
– From Nobody to $2.5M in funding
– From silence to over 500,000 AI songs echoing on-chainWith #TGE on the horizon, a new chapter begins — not just for artists, but for listeners and believers alike.🌟
Every… pic.twitter.com/TEwInjkBMh
— Fireverse Ventures (@FireverseV) August 1, 2025
Now its native token launch is a major step for the platform, as it’s tied to its utility and reward mechanism. Simply, FIR would facilitate active platform participation and provide incentives to do so.
Fireverse Tokenomics and Airdrop Event
After the tap-to-earn tokens like HMSTR gained prominent hype in the crypto space, Fireverse has come with a ‘listen-share-earn’ ecosystem. Here, the creators and listeners can earn rewards through engagement with the platform, and the Binance listing brings it more to the spotlight.
Get ready! Binance Alpha will be the first platform to feature Fireverse (FIR) on August 6th.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
Please stay tuned to Binance’s… pic.twitter.com/TLPe2Ao3wo
— Binance (@binance) August 4, 2025
Although the token generation event is near, the tokenomics and other project details are still missing, adding curiosity and hype to the project. Moreover, the Alpha airdrop equips investors to earn a significant portion of the token for free.
Will the Binance Listing Curse Affect the FIR Token?
In contrast to earlier beliefs that listing from the top crypto exchanges fuels a rally, a few experts have allegedly proposed a new theory. According to Gem Hunter, 99% of the listed tokens on Binance eventually crash, calling it a listing curse.
- Source: Gem Hunter, Binance Listing Crash Theory
Cointelegraph also acknowledged many incidents where tokens have dropped significantly hours after the listing. Some of the examples include CGPT, CAT, ANIME, and many others, which declined 50-88% after launch.
Various other experts also confirm that a high demand builds up following such a listing announcement, resulting in traders taking advantage by mass buying and selling. Their selling activity and short-lived hype collapse the token post-launch.
Notably, the former Binance founder commented on similar listing mishaps. In a February 2025 post, he admitted that the Binance listing process is broken. He talked about the listing coming four hours after the announcement, which pushes the token’s price on DEXes and people selling on CEX after launch.
- Source: X, Changpeng Zhao
This also poses a threat to the FIR token launch, but it’s just an anticipation. Moreover, a few changes in the Binance listing policy have occurred since then, so there’s uncertainty on how the Fireverse token would react.
Frequently Asked Questions (FAQs)
FIR is the native token of the Fireverse. Designed to power the platform’s ecosystem, regard users and creators and more.
The FIR airdrop is scheduled for August 6, 2025, on Binance’s Alpha platform.
It is uncertain, as there’s limited information on the launch, but some experts believe in the Binance listing curse, suggesting a crash after the launch.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.
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