Binance has announced Catizen, a Telegram mini-app game, as the 59th project on its Launchpool, allowing users to generate the game’s native token before it becomes available for trading
Binance announced on September 13 that Catizen will be operational in Launchpool on September 16, 2024.
This will enable users to engage in CATI farming by locking their BNB and the stablecoin First Digital USD First Digital USD.
Launchpool participants will receive the CATI token airdrop after the four-day mining period.
Binance extended its backing for Catizen after its venture capital arm, Binance Labs, invested in the company in July.
When will CATI trading commence on Binance?
In addition, Binance will implement CATI spot trading at 10:00 UTC on September 20, 2024, after the cultivation period.
Supported trading pairs for the cat-themed token include CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.
Binance’s fifth Telegram token is
In the past few months, the Telegram mini-program platform has experienced substantial growth as numerous breakout initiatives have gone to market.
Although Telegram experienced a setback following the arrest of its founder and CEO, Pavel Durov, the instant messaging app continues to be one of the platforms experiencing the most rapid adoption of native blockchain-based projects.
Binance, the world’s largest crypto exchange by trading volume, has now supported five of these initiatives, fostering growth within the TON ecosystem.
The Launchpool has enabled the launching of Toncoin, Notcoin, and Dogs on Binance.
On September 12, the exchange announced Hamster Kombat, a play-to-earn game based on Telegram, as the 58th Launchpool project. Subsequently, Catizen was announced.