Binance, a major cryptocurrency exchange, is getting ready to support a new token called Catizen (CATI). This token is part of a cat-themed gaming bot built on Telegram’s mini-app platform.
What is Catizen?
Catizen aims to make web3 (decentralized technology) more accessible and user-friendly. It’s like a hub for web3 activities on Telegram, combining a mini-app center, a Launchpool, and a platform for tasks. Catizen wants to make the “Attention Economy” more fun and rewarding by gamifying it.
How to Get Catizen Tokens
From September 16th to 20th, Binance users can stake their BNB (Binance’s native token) or FDUSD (a stablecoin) to earn CATI tokens. The exchange will then list CATI on September 20th.
A Word of Caution
Binance will label CATI with a “seed tag.” This means it’s a new project with potentially higher volatility than other listed tokens. To ensure users understand the risks, Binance requires them to take quizzes every 90 days before trading these types of tokens.