Binance Labs Funds Gaming Company Behind Catizen, as Telegram Games Surge in Popularity
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Binance Labs invests in Pluto Studio, the creator of Catizen. Telegram CEO highlights Catizen’s achievements. Telegram apps are seen as the road to Web3 adoption. Despite billions in investments, Web3 apps have been struggling with adoption for a long time. However, one segment of applications has managed to get rapid user growth. Telegram mini-apps are as close as crypto gets to viral growth, pairing ease of use with the promise of financial rewards. What is more, investors are starting to notice. Most recently, Binance Labs invested in Pluto Studio, the developer behind Catizen, a Telegram-based Web3 gaming platform. The
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