Binance Labs invests in Pluto Studio, the GameFi platform behind the Telegram-based game Catizen, aiming to enhance the game and onboard more developers.
Points
- Binance Labs invests in Pluto Studio to support the development of Catizen.
- Funds will be used to develop the Catizen mini-app and game engine.
- Catizen has gained significant traction on Telegram, attracting over 500,000 paying users.
- Future plans include the launch of more mini-games and a dedicated mini-app center.
Binance Labs has made a strategic investment in Pluto Studio, the GameFi platform responsible for the Telegram-based Web3 game Catizen. This investment underscores Binance Labs’ commitment to fostering innovation within the GameFi sector and supporting the development of new and engaging gaming experiences.
The funds from Binance Labs will be directed towards enhancing the Catizen mini-app and its underlying game engine. This investment will also facilitate the onboarding of additional developers, allowing Pluto Studio to expand its offerings and improve the overall gaming experience for its users.
Catizen, which launched in March of this year, has quickly gained traction within the Telegram and TON ecosystems. The game has attracted over 25 million players and about 1.5 million on-chain gamers, with more than 500,000 paying users worldwide. This impressive user base highlights the game’s popularity and the growing interest in Web3 gaming on Telegram.
Looking ahead, Pluto Studio plans to release more mini-games and develop a dedicated mini-app center. This center will combine features such as Launchpool, short videos, and e-commerce, tapping into the growing trend of gamification and play-to-airdrop initiatives. These efforts aim to attract more users to the ecosystem and enhance the overall gaming experience.
Ricky Wong, co-founder of Pluto Studio, expressed excitement about the partnership:
“We are incredibly thrilled to receive funding from an industry leader like Binance Labs. This investment validates our vision and reinforces our confidence in our ability to build the infrastructure needed to drive the next wave of Web3 entertainment. Backing from Binance Labs will help us take Catizen to new heights.”
解説
- Binance Labs’ investment in Pluto Studio is a significant endorsement of the potential of Web3 gaming and the GameFi sector.
- The focus on enhancing the Catizen mini-app and game engine demonstrates the importance of continuous development and innovation in maintaining user engagement and satisfaction.
- The traction Catizen has gained on Telegram indicates a successful integration of Web3 gaming within existing social platforms, showcasing the potential for further growth in this area.
- The planned launch of additional mini-games and a dedicated mini-app center aligns with the trend of gamification, aiming to provide users with more interactive and rewarding experiences.
- This partnership highlights the strategic role of investments from major industry players like Binance Labs in driving the growth and evolution of emerging technologies and platforms within the blockchain space.