Leading global cryptocurrency exchange Binance is set to introduce trading support for a new cat-themed native token affiliated with a gaming bot based on the Telegram mini-app platform.
According to Binance Launchpool, which enables users to stake coins to earn new assets, its 59th project will be Catizen (CATI), a cat-centric social entertainment initiative on Telegram.
“As an innovative gaming bot, Catizen streamlines web3 accessibility while offering seamless mobile payments, revolutionizing user engagement with decentralized technologies.
Leveraging Telegram’s extensive user base, Catizen aims to establish a center for Web3 activities, merging a mini-app hub with Launchpool and an Open Task platform. By gamifying the Attention Economy and harnessing Decentralized Value Realization, Catizen cultivates an ecosystem where users can enjoy engaging, entertaining, and rewarding experiences.”
From September 16th to 20th, Binance users can lock their BNB, the platform’s native cryptocurrency, along with the stablecoin First Digital USD (FDUSD), to receive CATI airdrops.
The asset is planned for listing on September 20th, with Binance designating CATI with a seed tag, which the exchange assigns to projects with lower liquidity that may display higher volatility compared to other listed tokens.
Users holding assets with seed tags must complete quizzes every 90 days to affirm their understanding of the risks involved before trading these tokens.
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