Binance will launch token farming of the Fusionist (ACE) gaming project

Previously, the venture capital arm of the exchange participated in a $6,6 million funding round for the project

11.12.2023 - 15:32

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What’s new? Crypto exchange Binance will add the Endurance blockchain-based Fusionist (ACE) Web 3.0 gaming project Fusionist (ACE) to its Binance Launchpool token farming platform. Users will be able to block BNB exchange coins and FDUSD stablecoins to earn ACE for five days starting on December 13, 00:00 UTC. The exchange will list the asset and open trading in pairs with bitcoin, BNB, FDUSD, USDT stablecoin, and Turkish lira on December 18, 06:00 UTC.

Binance’s blog post

What else is known? The ACE coin will be added to the exchange with a Seed Tag, this is assigned to innovative projects that may demonstrate higher volatility and risk compared to other tokens listed on Binance.

ACE’s total offering will be 147 million coins, with 7% or 10,29 million coins allocated to rewards for participating in the farming program. At launch, the initial circulating supply will be 14,9% of the total or about 22 million ACE.

Blockchain company Fusionist specializes in developing Web 3.0 games with collectible non-fungible tokens (NFTs). The company’s founders include former employees of major game studios such as Tencent Games and Electronic Arts.

In July this year, led by Binance’s venture capital arm, it raised $6,6 million in a seed round of funding to expand its team and create an AAA game on the Unity engine in a science fiction setting. The game combines the genres of strategy and RPG and will offer users to act as commanders of interplanetary expeditions to search for habitable planets. The game will be launched on Endurance’s own blockchain.

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