Kaj Labs, which develops AI-powered cross-chain applications, denied any news of a partnership with Binance in a Bloomberg press release.
Kaj Labs “clearly” states that it is not partnering with Binance
In a tweet today, Kaj Labs announced that it is not collaborating with Binance in its goal of burning 2.5 trillion Terra Classic (LUNC) despite speculation to the contrary. Despite the partnership news in Bloomberg, the firm wrote:
Reports are circulating that Lithosphere/KaJ Labs is working with Binance on the burning of 2.5 trillion Terra Luna Classic (LUNC). KaJ Labs wants to make it clear with the audience and the community that this has no real or factual basis.
Kaj Labs also adds that it has no affiliation with Binance or its affiliates. He simply stated that Lithosphere running on its network has BSC-based tokens.
Lithosphere (LITHO) rallying
Meanwhile, Lithosphere (LITHO), an altcoin project developing AI-powered smart contracts, is rallying amid the rejection of partnership with Binance. The LITHO token is currently green over 30% in the last 24 hours.
Although not a partnership at the moment, Kaj Labs is looking forward to a future collaboration. The altcoin project announced its plans to burn 2.5 trillion Terra Luna Classic (LUNC) via a blockchain game called Finesse in early September. Specifically, in a roadmap released a week later, the company hinted at a partnership with independent Terra Classic development group Terra Revels.
Terra Revels partnership is also broken
However, Terra Rebels has decided to leave the company and the game. Specifically, it was said that there was no contact between Terra Rebels’ reXx, Rebels, and Kaj Labs. It’s worth noting that Kaj Labs has announced that the first episode of the game will go live on December 18. Specifically, the company claims that people can track token burns from a website that will launch with the game.
The incineration will appear in real time on a website created by KaJ Labs as part of the launch of the Finesse game series, the first part of which is Shadow Warriors. Players can get the season preview of Shadow Warriors for Android or Web browsers. KaJ Labs is in no way partnering with Binance for the launch of the LUNC burn or Finesse game series.
About the Lithosphere
Lithosphere is the next generation network for cross chain dApps powered by Artificial Intelligence and Deep Learning.
About KaJ Labs
KaJ Labs is a decentralized research organization focused on artificial intelligence and Blockchain technology.
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