Binance has announced Telegram mini-app game Catizen as the 59th project on Binance Launchpool. The app allows users to farm the game bot’s native token before trading.
Binance announced on September 13 that Catizen will go live on Launchpool on September 16, 2024. This will open CATI farming to users who can lock up their BNB (BNB) and stablecoin First Digital USD (FDUSD) to participate in the program.
At the end of the four-day farming period, an airdrop of CATI tokens will be distributed to Launchpool participants.
Binance has increased its support for Catizen after its venture capital arm Binance Labs invested in the company in July.
When will CATI trading start on Binance?
With the end of the farming period, Binance will also add CATI spot trading, which is scheduled to begin at 10:00 UTC on September 20, 2024. Supported trading pairs for the cat-themed token will be CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.
Binance’s fifth Telegram token
The Telegram mini-program platform has experienced significant growth in recent months, with several groundbreaking projects being launched.
Despite the negative impact it has faced following the arrest of its founder and CEO Pavel Durov, instant messaging app Telegram continues to be one of the fastest-adopting platforms for local blockchain-based projects.
With the growth in the TON ecosystem, Binance, the world’s largest cryptocurrency exchange by trading volume, has added support for five of these projects.
Toncoin (TON), Notcoin (NOT), and Dogs (DOGS) have launched on Binance via Launchpool. The exchange announced Telegram-based play-to-win game Hamster Kombat as its 58th Launchpool project on September 12, followed closely by Catizen.