Top global crypto exchange Binance plans to launch trading support for the new cat-themed native token of a gaming bot built on Telegram’s mini-app platform.
Binance Launchpool, which allows users to stake coins to grow new assets, say the 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 access to web3, but also makes mobile payments seamless, transforming the way users interact with decentralized technologies.
Building on Telegram’s massive 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 gaming the attention economy and leveraging decentralized value realization, Catizen is creating an ecosystem where users can enjoy engaging, fun and rewarding experiences.”
Between September 16 and 20, Binance users can lock their BNB, the crypto exchange platform’s original asset, and the stablecoin First Digital USD (FDUSD) to receive CATI airdrops.
The exchange then plans to list the asset on September 20. Binance will attach a Seed tag to CATI, which the exchange applies to projects with lower liquidity that may exhibit higher volatility compared to other listed tokens.
Binance requires users who own assets with Seed tags to take quizzes every 90 days to ensure they are aware of the risks before trading the tokens.
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