On September 7, the tap-to-earn project Catizen on Telegram announced that it has reached a milestone of 34 million users after 6 months of operation.
According to the project, Catizen has become the highest-grossing app on Telegram, with 800,000 paying users and an Medium revenue per user of $33. Accordingly, Catizen has earned more than $26.4 million from in-game purchases.
In addition, the project claims to have completed all the goals set out in the project’s Phase 3 roadmap, including the launch of the Token, trading bot, and user Airdrop . After repeatedly postponing the TGE and Airdrop from July to the end of Q3, the project recently announced that the TGE will take place on September 20.
Since Catizen launched in early 2024, Pluto Studio, the project development team, has received multiple investments from major funds such as Hashkey and Binance Labs. On July 16, Pluto Studio continued to receive investment from The Open Platform, a major project development company in the TON ecosystem, but the investment amount was not disclosed.
Ben El-Baz, CEO of HashKey Global , Chia that HashKey's participation in the TON ecosystem is due to its rapid growth of developers and its potential. He believes that this is a positive signal for the future development of the entire TON ecosystem, and Catizen is also the first project on TON that Hashkey Global has invested in.
Currently, Catizen has not announced the exact initial Token supply at TGE. However, one of the important criteria for receiving the Airdrop has been revealed to be based on the speed at which users earn vKitty .
Additionally, 1% of all project revenue will be donated to feral cat shelters around the world, demonstrating the project's commitment to humanitarian causes.
The Catizen project's CATI Token will be listed on Bybit, Bitget, Kucoin, MEXC , and many other major exchanges. Binance, Coinbase, and other exchanges focused on North America have yet to Unconfirmed the listing of CATI. Currently, the Token is trading pre-market on Bybit, Kucoin, and Bitget for around $0.4-0.45.
=> Read more: Catizen starts trading on Bitget Pre-market
In September, another Tap to earn project TGE was Hamster Kombat , which claimed to have the largest Airdrop in history. This means Hamster Kombat will have to surpass Uniswap ’s record in 2020, when the DEX distributed over $6 billion worth of Token .
