In a major development, Binance has unveiled the 42nd project on its Launchpool—Sleepless AI (AI), a pioneering Web3+AI gaming platform. The official webpage is anticipated to go live within the next 24 hours, just ahead of the Launchpool commencement. The total supply of Sleepless AI (AI) will be 1 billion. It is surprising to know that farming for the 41st launchpad project (NFP) is still continuing and Binance has announced the next one. The 40th launchpad project (ACE) remained impressively successful. Sleepless AI is also highly likely to be a successful project as the narrative of AI tokens is in the air along with BRC and RWA narratives.
Sleepless (AI) Tokenomics and Farming Details
Starting from December 28, 2023, at 00:00 (UTC), users can actively participate by staking their BNB, FDUSD, and TUSD in separate pools for a duration of seven days. This unique farming opportunity aims to empower users with AI tokens, and the trading of Sleepless AI (AI) is scheduled to commence on January 4, 2024, at 10:00 (UTC).
In the Sleepless AI (AI) Launchpool, significant details include the token name, which is Sleepless AI (AI), with a total supply of 1 billion AI. The Launchpool Token Rewards constitute 70,000,000 AI, accounting for 7% of the total coin supply. Additionally, there is an initial circulating supply of 130,000,000 AI, representing 13% of the total token supply. The smart contract details for this endeavour are associated with the AI Token (AI).
Regarding staking terms, it’s important to note that Know Your Customer (KYC) verification is mandatory for participants. The supported pools offer various opportunities for staking.
The farming period is scheduled from December 28, 2023, 00:00 (UTC) to January 3, 2024, 23:59 (UTC), during which participants can engage in staking activities. The AI farming distribution includes a total daily reward of 10,000,000 AI. However, 80% of the rewards are allocated to BNB staking pool. FDUSD and TUSD pools are allotted 10% each.
Binance Launchpad Requirements
To participate in the Binance Sleepless AI (AI) Launchpool, users are required to undergo account verification and must be residents of eligible jurisdictions. This ensures compliance with regulatory standards and user authentication. However, it’s crucial to note that certain countries are excluded from participating in AI farming activities. These exclusions encompass locations like Belarus, Canada, Cuba, Japan, the United States, and others. Users are encouraged to refer to the official list for any updates to the roster of excluded countries, as it may be subject to changes based on evolving legal considerations and regulatory frameworks.
