Binance, the world’s leading cryptocurrency exchange, plans to launch trading support for a new chat-themed native token of a gaming bot built on the Telegram mini-app platform.
Binance Launchpool, which allows users to stake coins to mine new assets, says its 59th project will be Catizen (CATI), a cat-themed social entertainment experience on Telegram.
Explain 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 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 16 and 20, Binance users can lock up their BNB, the cryptocurrency exchange’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 20. Binance will add a seed tag to CATI, which the exchange will apply to low-liquidity projects 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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