PANews reported on July 16 that according to the official announcement, Binance announced the launch of two exclusive BAS activities in the Binance wallet: 1. Pre-TGE: Eligible users can subscribe to the BAS token before it goes online for trading. 2. Booster activities share an additional 600 million BAS airdrop rewards by completing weekly tasks and supporting the early development of the project.

It is reported that BAS is a native verification and reputation layer built on BNB Chain, supporting on-chain KYC, identity authentication and asset proof. It is suitable for scenarios such as RWA, DeFi and token issuance, and aims to serve the scalability and compliance of the Binance ecosystem.