Binance Labs Invests in Pluto Studio to Accelerate Growth of GameFi Platform
Binance Labs Invests in Pluto Studio to Accelerate Growth of GameFi Platform
Binance Labs, a leading blockchain investment firm, has announced a strategic investment in Pluto Studio, the GameFi publishing platform known for its popular Telegram-based gaming bot, Catizen. This investment is set to propel Pluto Studio’s growth and expand its innovative gaming ecosystem.
The investment will be used to enhance Catizen’s development and expansion, with a focus on advancing its mini-app and game engine. Additionally, the funding will support the onboarding of more developers to strengthen the platform’s technological infrastructure.
Ricky Wong, co-founder of Pluto Studio, expressed excitement about the investment from Binance Labs, stating that it validates their vision and reinforces their confidence in driving the next wave of Web3 entertainment. Wong believes that this backing will elevate Catizen to new heights within the Web3 gaming sphere.
Catizen has already made a significant impact within the Telegram and TON blockchain ecosystems since its launch in March. With over 25 million players and 1.5 million on-chain gamers, Catizen has become a dominant force in the TON Foundation’s incentive program, The Open League, attracting over 500,000 paying users globally.
Looking ahead, Pluto Studio plans to release additional mini-games and launch a dedicated mini-app center that integrates Launchpool features, short videos, and e-commerce. These initiatives aim to capitalize on the growing interest in gamification and play-to-airdrop strategies, attracting more users to the ecosystem.
With the support of Binance Labs, Pluto Studio is poised for rapid growth and continued success in the GameFi space. Stay tuned for more updates on Catizen and Pluto Studio’s innovative gaming developments.
