In January, the exchange will open AI trading paired with BTC and other assets

Binance to launch token farming of Web 3.0 gaming platform Sleepless AI

26.12.2023 - 14:10

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1 min

What’s new? Crypto exchange Binance has announced the launch of the 42nd project on the Binance Launchpool token farming platform. It will be a Web 3.0 gaming platform based on artificial intelligence technologies Sleepless AI with native coin under the AI ticker. From December 28, 00:00 UTC, users will be able to stake BNB exchange tokens, as well as FDUSD and TUSD stablecoins for AI farming.

The exchange’s announcement

What else is known? The exchange will list AI and open trading of the asset in pairs with bitcoin, BNB, FDUSD, TUSD, USDT, and Turkish lira on January 4, at 10:00 UTC. The token will be added to the platform with the Seed Tag, which is assigned to new projects due to the risks of increased volatility. To access Seed Tag token trading, users need to pass risk awareness tests every 90 days.

The total AI offering will be 1 billion, with 7% or 70 million coins allocated to the Binance Launchpool rewards program. The initial revolving offer amounted to 130 million coins.

Sleepless AI uses AIGC technology and large language models (LLMs) to create and develop virtual companion characters.

In August, Binance’s venture capital arm allocated funds to Sleepless AI as part of the sixth season of the Most Valuable Builder (MVB) accelerator program aimed at developing the BNB Chain ecosystem.

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