Binance has introduced Sleepless AI as the 42nd project on its Launchpool.
Sleepless AI is a web3 and AI-integrated gaming platform offering a new interactive gaming experience. The platform allows users to engage with AI-based features in a game setting.
The platform will go live tomorrow, enabling users to stake BNB, FDUSD, and TUSD to earn AI tokens over a seven-day period. The AI tokens will be tradable on Binance starting Jan. 4, with several trading pairs available, including AI/BTC and AI/USDT.
Introducing @SleeplessAI_Lab $AI on #Binance Launchpool.
Farm $AI by Staking #BNB, $FDUSD and $TUSD.
👉 https://t.co/Fky2xADvGd pic.twitter.com/pG9qW8PpYS
— Binance (@binance) December 26, 2023
The total supply of AI tokens is set at a billion, with 70 million designated for Launchpool rewards. The distribution is part of Binance’s strategy to encourage participation in the new gaming platform. The platform’s unique offering lies in its use of AI to create more interactive and personalized gaming experiences.
Users also have the flexibility to unstake funds at any time and shift between different available pools. Additionally, Binance’s BNB Vault and Locked Products are set to support the Launchpool, allowing staked BNB in these products to participate in the Launchpool and earn rewards automatically.
BNB has also experienced a notable uptick in the market today as the token went up to $296, its highest price in the past six months. The altcoin is up by over 11% today and 17.5% in the last week.
