Binary Cat is a decentralized platform that runs on Avalanche where users can bet on the price of crypto assets and the relationship between them. In addition to receiving a share of the winnings if their bets are correct, users are further incentivized by receiving KITTY tokens proportionate to their bet size regardless of whether or not they were correct - this increases rewards if they win and lessens the cost associated with a loss. Holders of KITTY tokens will be able to receive a proportionate share of transaction fees generated by the platform and will also have a share of voting rights to participate in governance based on the amount of tokens they hold.