What is Catizen? Information about CATI Token

Overview of the Catizen Project

What is Catizen?

Catizen is a standout “tap-to-earn” game where players raise adorable cats and earn rewards through the Telegram messaging app. The game is built on two blockchains: TON and Mantle Network, allowing users to both enjoy the gameplay and receive airdrops from the project.

Launched in late March 2024, Catizen quickly gained traction, attracting nearly 40 million players and announcing that 1% of total revenue would be donated to charitable activities related to stray cat rescue.

Catizen is also the 59th Launchpool project on the Binance exchange.

Catizen Gameplay

In Catizen, players take on the role of a cat shop owner, welcoming customers every day. The main task is to raise, manage, and upgrade their cats. The gameplay is simple yet creative: players combine two cats of the same level to create a higher-level cat. This gameplay is similar to the popular game 2048 but enhanced with additional fun activities such as:

• Completing missions
• Feeding cats to upgrade them
• Inviting friends to join
• Fishing to earn rewards
• Staking coins to receive in-game benefits

Assets in Catizen

Catizen features four main assets:

• vKITTY: The main in-game asset that allows players to create and upgrade new cats.
• FishCoins: Earned through activities like fishing, check-ins, and inviting friends. Players can use FishCoins to activate the Auto mode, purchase higher-level cats, and accelerate the process of creating new cats.
• wCATI: An asset earned by players after staking in Catizen.
• xZEN: In-game reward points earned through lottery activities.

Highlights of Catizen

Catizen impresses with its “Play to Earn” model, allowing players to convert in-game coins into cryptocurrency tokens through airdrops on The Open Network (TON). This model not only offers earning potential but also attracts a large number of players seeking enjoyable gameplay experiences.

The game’s strategic gameplay, daily rewards, and multiplayer mode make Catizen even more engaging. Additionally, its success is driven by popular Telegram games like Notcoin, Hamster Kombat, and DOGS, which have collectively attracted millions of players worldwide.

Catizen has risen to the top of The Open League rankings, solidifying its position within the TON ecosystem. This recognition is further supported by strategic partnerships with Notcoin, where Catizen accepts NOT as payment and burns a portion of its revenue to support token deflation. The strong integration between Catizen, Telegram, and the TON ecosystem has fueled user growth and significant revenue generation.

As of now, Catizen has attracted nearly 40 million players and has become the highest-revenue project on Telegram, with a record $26 million in revenue and 1 million paid users — an unprecedented achievement in the Web3 space.

Related: Catizen Mini-App Achieves Highest Revenue on Telegram

Catizen Airdrop

Before TGE (Token Generation Event), Catizen announced an airdrop program for players who “raise cats,” with rewards based on various factors such as blockchain interactions, mission completions, and purchases using FishCoin.

Only 15% of the total token supply (equivalent to 150 million tokens) will be allocated for the initial airdrop to players, while the remaining 19% will be distributed as “play-to-earn” rewards on a quarterly basis in future game seasons.

Team

The team behind Catizen is Pluto Studio, with key members including:

• David Mak: Co-founder and CEO
• Barry Lau: Co-founder and COO
• Pierce Tam: Co-founder and CMO
• Ricky Wong: Co-founder and CFO

Investors and Partners

According to Binance, Pluto Studio — the development team behind Catizen — successfully raised $2.8 million in Seed and Strategic funding rounds. Notable investors include Binance Labs and The Open Platform (TOP).

Additionally, Catizen is expanding partnerships with many promising Web3 projects to promote ecosystem growth and deliver optimal value to users. Catizen’s strategic partners include TON, Chick Coop, Fanton, Mantle, Mirana, NGC Ventures, Mask Network, PopFun, SecondLive, Initiate Capital, Pluto, and Emurgo Ventures. These partnerships not only open opportunities to reach a massive user base but also enhance connectivity and interaction between projects, driving development and innovation in the Web3 sector.

Roadmap

• Q1 2024:
  • Official Open Beta of Catizen launched on March 19, 2024.
• Q3 2024:
  • Pluto Studio completed a successful funding round with investments from Hashkey Capital, TOP, Folius Ventures, and Binance Labs.
  • Catizen won first place in The Open League Application Battle for three consecutive seasons.
  • Completed a second interview with TON Foundation and was featured on the TON Blog.
  • Launched Catizen Center, integrating various mini-games.
  • Partnered with Elliptic to ensure compliance with on-chain AML regulations.
  • Established a trading bot to enhance the in-game trading experience.
  • CATI token listed and airdropped to the community.
• Q4 2024:
  • Launch of Launchpool and Game Center.
  • Integration of 5 Launchpool projects and 20 new games into Catizen Center.
• 2025:
  • Development of a task platform integrated with Web3 advertising systems to increase user interaction and rewards.
  • Begin the rollout of AI Cat, an interactive virtual AI tool to enhance community experiences.
  • Expansion of Catizen, aiming to integrate 200 applications and mini-games, with support for desktop versions.

Similar Projects

Catizen belongs to the “tap-to-earn” category on Telegram, similar to Notcoin, Hamster Kombat, and others.

5 Key Details about CATI Token

CATI Token is the native currency of Catizen.

Basic Information about CATI Token

• Token Name: Catizen
• Token Symbol: CATI
• Blockchain: TON
• Smart Contract: TBD
• Listing Date: September 20, 2024
• Price: TBD
• Market Cap: TBD
• Fully Diluted Valuation (FDV): TBD
• Total Supply: 1,000,000,000
• Max Supply: 1,000,000,000
• Circulating Supply: TBD

CATI Token Allocation

CATI Token is allocated as follows:

• Airdrop: 34%
• Development Team: 20%
• Treasury: 15%
• Binance Launchpool: 9%
• Seed Round Investors: 8%
• Advisor: 7%
• Liquidity: 5%
• Strategic Round Investors: 2%

CATI Token Vesting Schedule

It is estimated that after five years from the TGE (September 20, 2024), CATI will be fully unlocked.

Use Cases of CATI Token

CATI is the primary utility and governance token of the Catizen ecosystem, with the following functions:

• In-game currency: CATI serves as the universal currency within the Catizen ecosystem, allowing users to purchase in-game items, upgrades, and services such as Game Center, Launchpool, and Open Task.
• Governance: CATI tokens are used for voting on upcoming Launchpool projects within the community.
• Staking: Users can stake CATI tokens to participate in Catizen’s Launchpool platform and hold CATI to receive future airdrops through Open Task.

Where to Buy CATI Tokens?

Starting from September 20, 2024, you can buy CATI on major exchanges such as Binance, OKX, and Bybit.

Catizen’s Growth Potential

Catizen has quickly gained attention due to its unique gameplay and attractive earning potential through tokens and upcoming airdrops. Integration with The Open Network (TON) not only enhances transparency but also ensures secure transactions, building a strong foundation for player trust and long-term growth. The Catizen development team is also planning new features and expanding into areas like NFTs and the Metaverse, which could significantly increase the game’s value and appeal.

With these elements in place, many investors believe that Catizen will continue to attract a large number of players and has strong growth potential in the future.

Conclusion

Above is an introduction to Catizen and CATI Token brought to you by AZC.News. If you have any questions, feel free to leave them in the comments section, and we’ll be happy to answer them!