Binance has unveiled the Telegram mini-app game Catizen as the 59th project on the Binance Launchpool, providing users the opportunity to farm the gaming bot’s native token, CATI, ahead of trading.

In an announcement on Sept. 13, Binance confirmed that Catizen will go live on Launchpool on September 16, 2024. This initiative will enable users to lock their BNB and the stablecoin First Digital USD (FDUSD) to participate in the program.

At the conclusion of the four-day farming period, participants in Launchpool will receive the CATI token airdrop. This move follows Binance Labs’ investment in Catizen back in July.

When Will CATI Trading Start on Binance?

The end of the farming period will coincide with the commencement of CATI spot trading on September 20, 2024, at 10:00 UTC. The supported trading pairs for the cat-themed token will be CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.

Telegram’s Growing Blockchain Ecosystem

The Telegram mini-program platform has seen significant growth recently, with numerous breakout projects emerging. Despite challenges, including the arrest of its founder and CEO Pavel Durov, Telegram continues to be a leading platform for native blockchain-based projects.

The growth of the TON ecosystem has led Binance, the largest crypto exchange by trading volume, to support multiple Telegram-based projects. Notable projects such as Toncoin, Notcoin, and Dogs have launched on Binance via the Launchpool. Recently, Binance introduced the play-to-earn game Hamster Kombat as the 58th Launchpool project on Sept. 12 and followed it up quickly with Catizen.

Stay updated with the latest news and developments in the cryptocurrency world by exploring more articles on Global Crypto News.

Post Views: 2