Binance Labs Invests in PlutoStudio, Developer of Catizen AI-Powered Telegram Game

IconCryptoNewsTerminal Staff23 Jul, 2024

cryptonews.jpg

Binance Labs Invests in PlutoStudio, Developer of Catizen AI-Powered Telegram Game

Binance Labs, the venture capital and incubation arm of Binance, has invested in PlutoStudio, the developer of the AI-powered Telegram cat breeding game Catizen. The specific investment amount was not disclosed. Catizen is a Telegram-based game that allows players to breed and collect virtual cats. The game uses AI to generate unique cats with different traits and abilities. Players can then breed their cats to create new generations with even more unique traits. The investment from Binance Labs will help PlutoStudio to further develop Catizen and expand its reach. The company plans to use the funding to hire new staff, develop new features for the game, and market Catizen to a wider audience. The investment from Binance Labs is a sign of the growing interest in blockchain-based games. As the blockchain industry continues to mature, we can expect to see more and more games that use blockchain technology to create new and innovative experiences.