TL;DR
- Catizen’s CATI token has been listed on Binance and other centralized platforms.
- 150 million tokens were airdropped to users as part of the Season 1 distribution.
- The community expressed dissatisfaction with the changes in the allocation of tokens.
The CATI token from the Telegram clicker game, Catizen, is now available for trading on several centralized platforms, including Binance, Bybit, and Bitget.
This launch occurred after a two-month delay and is part of the Season 1 distribution, where 150 million tokens were airdropped to users, representing 15% of the total supply of 1 billion CATI tokens.
The distribution began at 6 a.m. ET today, Friday, September 20, 2024, according to the Catizen team.
The game, developed by Pluto Studio, had already initiated the airdrop process on September 14, revealing token allocations to players.
Although users were able to claim and stake their tokens on certain platforms before the token generation event, some players expressed dissatisfaction with their allocated tokens.
Originally, a larger percentage of the supply was to be airdropped, but shortly before the launch, the Catizen team decided to redirect 9% of the tokens to Binance Launchpool, which generated criticism from the community.
Regarding the remaining distribution of the CATI supply, 57% is allocated to key areas, including 5% for liquidity, 15% to the treasury, 20% to the development team, 10% to investors, and 7% to advisors, all under a 48-month linear release schedule, with an initial 12-month cliff.
The impact of Catizen on the TON ecosystem
Catizen has accumulated more than 39 million total users and 18 million monthly active users.
Its popularity has been driven not only by the token distribution, but also by the growing trend of Telegram games that allow players to earn cryptocurrencies.
Catizen, along with other popular games on the platform like Hamster Kombat and Notcoin, has been key to the growth of the TON ecosystem.
The TON blockchain ecosystem has experienced exponential growth, with daily transactions increasing from 100,000 to 1.2 million over the past year.
Additionally, Telegram recently integrated features like a mini-app store and an in-app browser that supports Web3 pages.
These innovations, along with the success of games like Catizen, have significantly strengthened Telegram’s position in the crypto space.
Despite some setbacks and criticism, the launch of CATI represents an important step, not just for Catizen, but for the continued development of the gaming economy on the TON blockchain.
With a constantly evolving market and the promise of future airdrops, the community will continue to closely watch the project’s upcoming moves and its broader impact on the crypto ecosystem.
