The Telegram mini-app game Catizen, Binance’s 59th Launchpool project, lets users farm the gaming bot’s native token before trading.
Catizen will launch in Launchpool on September 16, 2024, according to Binance’s announcement on September 13.
Users that lock their BNB and the stablecoin First Digital USD will be allowed to engage in CATI farming.
Participants in the Launchpool will get the CATI token airdrop after the four-day farming period. After investing in Catizen in July through its venture capital arm Binance Labs, Binance now extends support for the startup.Â
When will Binance’s CATI trading begin?
Binance will also introduce CATI spot trading at the conclusion of the farming phase; the trade is set to begin on September 20, 2024, at 10:00 UTC.
The cat-themed token will support trading pairs like CATI/TRY, CATI/BNB, CATI/FDUSD, and CATI/USDT.Â
Binance’s fifth Telegram token
Telegram’s mini-program platform has grown significantly in the last few months, and several of its breakthrough applications have reached the market.
Telegram is still among the platforms where native blockchain-based initiatives are being adopted at the fastest rate, despite the blow the instant messaging app suffered with the arrest of its CEO and founder, Pavel Durov.
Binance, the largest cryptocurrency exchange in the world based on trade volume, has added support for five of these projects, demonstrating the growth of the TON ecosystem.
Through the Launchpool, Dogs, Notcoin, and Toncoin have all launched on Binance. The exchange announced Telegram-based play-to-earn game Hamster Kombat as the 58th Launchpool project on Sept. 12, and has quickly followed it up with Catizen.
