Using the 59th project on its Launchpool platform, Binance has revealed Catizen, a Telegram mini-app game, which lets players farm the native CATI token before trade starts.
Based on the Exchange’s September 13, 2024 statement, Catizen will be available on Launchpool beginning September 16, 2024. To engage in CATI token farming users will be able to lock in BNB and the stablecoin First Digital USD (FDUSD).
At its end, participants in the four-day farming session will get CATI tokens through an airdrop. the company’s support of Catizen stems from a July investment in the project made by Binance Labs.
Binance Launches CATI Token Trading
The Exchange will enable CATI spot trading, set for September 20, 2024, at 10:00 UTC, once the farming period concludes. Supported trading pairs will call CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.
Recent months have seen fast expansion of the Telegram mini-app ecosystem as various successful initiatives have surfaced. Notwithstanding challenges Telegram faces after founder and CEO Pavel Durov’s imprisonment, blockchain-based initiatives are still highly embraced on the network.
Now backing five initiatives started on the TON ecosystem, Binance has progressively supported projects on this ecosystem. Notcoin, Dogs, and Toncoin were among past releases. The Cyptocurrency Exchange revealed Hamster Kombat as its 58th Launchpool project on September 12, then swiftly followed with Catizen.
