Binance Labs invests in Pluto Studio’s Catizen, a game bot on the TON blockchain, reflecting its commitment to supporting Web3 gaming and onboarding billions of users to Web3.
Points
- Binance invests in Pluto Studio’s Catizen.
- Catizen integrates with the TON blockchain and has 25 million users.
- Binance aims to support visionary developers and mass adoption of Web3.
- Catizen’s rapid growth demonstrates potential for Web3 adoption.
Binance Labs, the venture capital and incubation arm of Binance, the world’s largest cryptocurrency exchange, has announced its investment in Pluto Studio, the developer behind Catizen. Catizen is a groundbreaking game bot that seamlessly integrates Telegram with the TON blockchain.
Catizen’s Rapid Growth
Catizen has quickly attracted 25 million users, including 1.5 million on-chain players, within just a few months. This rapid growth showcases the platform’s potential for mass adoption. Catizen offers interactive mini-games and mobile payment options, making it an accessible and engaging entry point for new users into the Web3 ecosystem.
Support from Binance Labs
Yi He, Co-Founder of Binance and Head of Binance Labs, expressed enthusiasm for supporting projects like Pluto Studio. “Binance Labs is always excited to support projects like Pluto Studio, which have the potential to onboard billions of users to Web3. We look forward to supporting more visionary developers aiming to create products designed for mass adoption,” he said.
Strategic Importance
Ricky Wong, Co-Founder of Pluto Studio, highlighted the importance of Binance’s support. “We are incredibly excited 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. With the support of Binance Labs, we are ready to take Catizen to new heights and bring more innovative solutions to the Telegram and TON ecosystems,” Wong stated.
Future Prospects
Binance’s investment in Catizen represents a strategic move to amplify the reach of Web3 technologies. With the backing of a major player like Binance, Catizen and similar projects could play a pivotal role in accelerating blockchain adoption among mainstream users.
解説
- Investment: Binance’s strategic investment in Pluto Studio’s Catizen.
- User Growth: Rapid adoption of Catizen, showcasing Web3’s potential.
- Support: Importance of backing visionary developers and products designed for mass adoption.
- Future Impact: Potential for Catizen to play a significant role in mainstream blockchain adoption.