Binance Labs has led an investment round for Pluto Studio Limited, the GameFi publishing platform behind Catizen, enhancing its development and expansion.
Points
- Binance Labs spearheaded the investment in Pluto Studio, supporting the Catizen platform.
- Catizen has gained a large player base and remains a top application in the TON blockchain ecosystem.
- The investment will promote the creation of Catizen mini-app and game engine architecture.
Binance Labs, the venture capital and incubation arm of Binance, has led an investment round for Pluto Studio Limited, the GameFi publishing platform behind Catizen. This investment aims to support the development and expansion of Catizen, a gaming bot integrated with the TON blockchain.
We’ve invested in @PlutoVisionLabs
Pluto Studio is the GameFi publishing platform that launched @CatizenAI.
https://twitter.com/BinanceLabs/status/1815766328726458878
Catizen transports players to the virtual “Meowverse,” where virtual cats double as login credentials for the Launchpool. Through a play-to-airdrop model, players may strengthen their cats and climb leaderboards for better rewards by combining them.
Pluto Studio plans to use this additional investment to promote the creation of the Catizen mini-app and game engine architecture. This will facilitate the entry of more developers into the Catizen ecosystem and accelerate platform growth.
Yi He, Co-Founder of Binance and Head of Binance Labs, expressed excitement about supporting Pluto Studio’s potential to onboard billions into Web3 and backing visionary builders for mass adoption.
Ricky Wong, Co-Founder of Pluto Studio, expressed excitement about receiving funding from Binance Labs, stating it validates their vision and boosts confidence in building Web3 infrastructure. With this backing, Catizen aims to reach new heights and bring innovative solutions to Telegram and the TON ecosystems.
解説
- Strategic Investment: The investment from Binance Labs underscores the significant potential of Pluto Studio’s Catizen platform, highlighting its rapid growth and innovative approach in the GameFi space.
- Platform Expansion: The development of the Catizen mini-app and game engine architecture will attract more developers and enhance the platform’s capabilities, driving further growth and engagement.
- Market Impact: With strong support from Binance Labs, Catizen is poised to become a major player in the Web3 and GameFi ecosystems, offering unique gaming experiences and fostering broader adoption.