2023-08-03 12:07:27
Binance expands its Launchpool portfolio with a new blockchain project and decentralized social media. Created to incubate new emerging projects, the Binance Launchpool gives investors the opportunity to get in early on the latest cryptocurrencies in exchange for their pegged BNB, TUSD and FDUSD crypto. With the listing of the Sei (SEI) and CyberConnect (CYBER) projects, the Binance Launchpool is slowly reaching its fortieth launch. The essence of Launchpool is that Binance users who want newly issued coins can pledge their crypto so that they can farm (in this case) SEI and CYBER tokens for 30 days in return. The new coins will be publicly tradable on Binance’s exchange platform with BTC, USDT and BNB pairs from August 15. Introducing Sei $SEI on Binance Launchpool! Farm SEI by staking #BNB, #TUSD and #FDUSD. ➡️ pic.twitter.com/GJx7v2PQUC — Binance (@binance) August 1, 2023 In their own right, both new tokens look promising: according to Sei’s own statement, it will be the fastest blockchain on the market, which wants to be not just a simple DeFi blockchain, but a universal exchange platform for all kinds of digital devices. According to the vision of the creators, Sei would unite the ecosystem of existing gaming (e.g. The Sandbox, Chilliz), social (STEPN, ENS), NFT (OpenSea, Magic Eden) and DeFi (Uniswap, dydx) projects, and provide a complete transition between various digital between devices. Introducing CyberConnect $CYBER on Binance Launchpool! Farm CYBER by staking #BNB, $TUSD and $FDUSD. ➡️ pic.twitter.com/J4p0wJh3Dc — Binance (@binance) August 1, 2023 CyberConnect, on the other hand, addresses one specific problem: the excessive centralization of social media. The company, which claims to be the first and largest decentralized social media on web3, has raised a total of $25 million in venture capital and is already compatible with Ethereum and Binance Smart Chain as well as Optimism and Arbitrum blockchains, and according to its website, it already has a total of 2,500 works with a partner in the ecosystem.
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