Top global crypto exchange Binance is planning on launching trading support for the new cat-themed native token of a gaming bot built on the Telegram mini-app platform.
Binance Launchpool, which lets users stake coins to farm new assets, says its 59th project will be Catizen (CATI), a cat-themed social entertainment experience on Telegram.
Explains the project,
“As a revolutionary gaming bot, Catizen not only simplifies web3 access but also makes mobile payments seamless, transforming the way users engage with decentralized technologies.
Building on Telegram’s vast user base, Catizen is designed to become a hub for Web3 activities, combining a mini-app center with Launchpool and an Open Task platform. By gamifying the Attention Economy and leveraging Decentralized Value Realization, Catizen creates an ecosystem where users can enjoy engaging, fun, and rewarding experiences.”
Between September 16th and 20th, Binance users can lock their BNB, the crypto exchange platform’s native asset, as well as the stablecoin First Digital USD (FDUSD), to receive CATI airdrops.
The exchange then plans to list the asset on September 20th. Binance will attach a seed tag to CATI, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens.
Binance requires users who own assets with seed tags to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens.
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Generated Image: Midjourney