Coinfeeds Daily → Binance Launches Web3 Gaming Platform Sleepless AI

Binance Launches Web3 Gaming Platform Sleepless AI

Published: Dec 27, 2023 | Last Updated: Mar 17, 2024
Howard Kane
AI and blockchain gaming platform from Binance
Image: AI and blockchain gaming platform from Binance

Stake BNB, FDUSD, TUSD to earn AI tokens on Binance's innovative gaming platform, with trading set to start January 4.

The Dawn of Sleepless AI: Binance's New Gaming Venture

In a bold move to integrate cutting-edge technology with entertainment, Binance has unveiled Sleepless AI, a new gaming platform that marries the realms of web3 and artificial intelligence (AI). This platform, which is the 42nd project to emerge from Binance's Launchpool, promises to revolutionize the gaming industry by offering interactive experiences that leverage AI to create more engaging gameplay.

Staking and Earning with Sleepless AI

As part of the launch, Binance is encouraging user participation by allowing them to stake their BNB, FDUSD, and TUSD to earn AI tokens. These tokens are not just in-game currency; they hold real-world value as they will be tradable on the Binance exchange. Starting January 4, players can trade AI tokens with popular pairs such as AI/BTC and AI/USDT. With a total supply capped at one billion AI tokens, the platform has set aside a generous 70 million for Launchpool rewards, incentivizing early adopters and active participants.

Trading and Tokenomics

The trading of AI tokens is set to commence on January 4, following a seven-day staking event where players can win these tokens. The initial circulating supply is marked at 130 million AI tokens, out of which 70 million are allocated for Launchpool rewards. The anticipation of this launch has already positively impacted the price of BNB, as Binance's BNB Vault and Locked Products will support the Launchpool, indicating a surge in investor confidence.

Eligibility and Access

Interested users should note that KYC verification is mandatory to participate in the staking and farming of AI tokens. However, there are geographical restrictions, with certain countries being excluded from the farming activities. The platform's webpage is expected to go live soon, offering a more detailed insight into the project and its mechanics.

Practical Takeaways

For gamers and investors alike, Sleepless AI represents an opportunity to be at the forefront of a new era in gaming. By staking early, users can reap the benefits of being early adopters of the platform. Traders should keep an eye on the AI token pairs on Binance for potential investment opportunities. Lastly, it's crucial to complete KYC verification and be aware of any geographical restrictions that may apply.

Binance's foray into AI-integrated gaming with Sleepless AI is a testament to the company's commitment to innovation and its belief in the convergence of entertainment and blockchain technology. As the platform goes live and the gaming community begins to explore its potential, the industry will be watching closely to see how this new venture shapes the future of gaming.

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