Leading international cryptocurrency exchange Binance intends to introduce trading support for a new native token with a cat theme that is a gaming bot developed on the Telegram mini-app platform.
Catizen (CATI) is a social entertainment experience on Telegram with a cat theme, and it is the 59th project of Binance Launchpool, which allows users to stake coins to farm new assets.
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.”
Users of Binance can lock their native BNB (the cryptocurrency exchange platform’s asset) and stablecoin First Digital USD (FDUSD) between September 16 and September 20 in order to receive CATI airdrops.
On September 20th, the exchange then intends to list the asset. In order to identify lower-liquidity projects that might have greater volatility than other listed tokens, Binance will affix a seed tag to CATI.
In order to make sure users are aware of the risks before trading the tokens, Binance requires users who own assets with seed tags to pass quizzes every ninety days.
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