As a seasoned crypto investor with years of experience in the blockchain industry, I’ve seen my fair share of promising projects come and go. However, the recent investment round led by Binance Labs into Pluto Studio and their game, Catizen, has piqued my interest in a way few others have.
As a crypto investor, I’m excited to share that Binance Labs, the dynamic venturing and nurturing division of Binance, has led the charge in funding Pluto Studio Limited. This innovative team is the powerhouse behind Catizen, an engaging GameFi publishing platform.
Introduced in March on Telegram, Catizen functions as a gaming bot that runs on the TON blockchain. Leveraging the vast user community of Telegram, it entices more individuals towards Web3 technology by providing engaging mini-games and convenient mobile payment options.
Swiftly, Catizen has amassed a global community of more than 25 million players, including over half a million subscription holders and 1.5 million on-chain participants.
The game maintains its number-one ranking in The Open League, a rewards scheme operated by the TON Foundation, and has become one of the most popular apps within the TON blockchain community.
In the captivating digital realm called “Meowverse,” the interactive experience known as Catizen welcomes users. Here, participants are granted entry using their unique virtual felines as login identifiers for Launchpool. By engaging in a “play-to-earn” model, players have the opportunity to enhance their cats and progress up leaderboards for more enticing compensation, all by merging them together.
Pluto Studio intends to employ these extra funds towards advancing the development of the Catizen mini-app and game engine infrastructure. This progression is intended to encourage a larger number of developers to join the Catizen community, thereby fueling expansion of the platform.
As a analyst, I’m thrilled to share that Yi He, the Co-Founder of Binance and Head of Binance Labs, has expressed great enthusiasm about Pluto Studio’s capacity to bring in billions of people into Web3. Furthermore, he is committed to backing visionary builders who are paving the way for mass adoption in this space.
Ricky Wong, the Co-Founder of Pluto Studio, announced his enthusiasm following Binance Labs’ investment, explaining that it endorses their perspective and bolsters their belief in constructing Web3 infrastructure for Catizen. With this financial support, Catizen intends to ascend to greater achievements and introduce groundbreaking innovations within Telegram and the TON ecosystems.
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2024-07-23 23:32