Binance Launches Web3 AI Gaming Platform
TLDR:
- Sleepless AI introduced as the 42nd project on Binance’s Launchpool.
- Sleepless AI combines web3 and AI for an interactive gaming experience.
- Users can stake BNB, FDUSD, and TUSD, earning AI tokens tradable on Binance.
- A total supply of one billion AI tokens, with 70 million designated for Launchpool rewards.
- Simultaneous with the Sleepless AI launch, BNB hit $296, its highest in six months, up by 11% today and 17.5% in the past week.
In a move that further emphasizes Binance’s commitment to fostering innovation in the cryptocurrency space, the exchange has introduced Sleepless AI as its 42nd project on the Launchpool.
Sleepless AI represents a convergence of web3 and artificial intelligence (AI) within the gaming realm, promising users a unique and interactive gaming experience.
AI-Powered Gaming Experience
Sleepless AI stands out as a gaming platform that seamlessly integrates AI-based features into the gaming environment, transforming the traditional gaming landscape.
This fusion of AI and web3 technology creates a novel and personalized experience for users, marking a significant leap forward in the evolution of gaming platforms.
Introducing @SleeplessAI_Lab $AI on #Binance Launchpool.
— Binance (@binance) December 26, 2023
Farm $AI by Staking #BNB, $FDUSD and $TUSD.
👉 https://t.co/Fky2xADvGd pic.twitter.com/pG9qW8PpYS
Launch and Staking Opportunities
Excitement surrounds Sleepless AI’s imminent launch, scheduled for tomorrow. Users eager to participate can stake BNB, FDUSD, and TUSD, earning AI tokens over a seven-day period.
The AI tokens garnered through staking will become tradable on Binance starting January 4, opening up new trading pairs, including AI/BTC and AI/USDT.
Tokenomics and Rewards
The total supply of AI tokens is capped at one billion, with an enticing 70 million allocated for Launchpool rewards, a strategic move by Binance to incentivize user participation.
The distribution mechanism aligns with the exchange’s broader strategy of encouraging engagement in innovative projects.
Flexibility and BNB Ecosystem Integration
Sleepless AI not only offers users the flexibility to unstake funds at any time but also provides the option to shift between different available pools.
Notably, Binance’s BNB Vault and Locked Products will support the Launchpool, enabling staked BNB in these products to automatically participate in the Launchpool and earn rewards.
BNB’s Surge in the Market
Simultaneously, BNB has experienced a remarkable upswing in the market, reaching $296, its highest price in the last six months.
The altcoin has surged by over 11% today and 17.5% in the past week. This surge adds another layer of excitement to the Sleepless AI launch, creating a favorable environment for participants and investors.
For more Web3 news, check out the XGA newsfeed.
