Catizen has achieved a remarkable milestone of 34 million users after only 6 months of launch, becoming the highest-grossing app on Telegram. With 800,000 paying users, the app generates an Medium revenue of $33 per user.
Catizen Becomes Highest-Revenue Mini-App on Telegram, Announces Airdrop on September 20
According to an announcement posted on X on September 7, the click-to-earn game Catizen on the Telegram app has made a big milestone by becoming the highest-grossing app on the Telegram platform with 800,000 paying users, bringing in an Medium revenue of $33.
😼Catizen players account for 22.4% of Telegram's total paid subscribers, which is 2,240,000 (2.24 million) Telegram Premium users!🔥 @durov
— Catizen (@CatizenAI) September 6, 2024
More than 750,000 of them are additional paying users in the Catizen ecosystem, with an ARPPU of $33! 🚀 @ton_blockchain https://t.co/uMCR3rerqT pic.twitter.com/LT86zGWNjW
In addition, Catizen also recorded more than 34 million players within just 6 months since its launch in early 2024.
Catizen is one of the most prominent Web3 games on Telegram , emerging with a "click-to-earn" mechanism that allows players to participate in raising cute cats and receive rewards through the Telegram messaging app.
Catizen, released by PLUTO Studio, has been making a big splash after Binance Labs officially announced its investment in the studio on July 23. Recently, the project continued to attract attention when it partnered with HashKey , a leading organization in developing the Web3 ecosystem, to prepare for an Airdrop of more than 2 million HSK Token scheduled to launch in Q3/2024 .
Meow Meow Meowdrop🐱
— Catizen (@CatizenAI) August 31, 2024
No Cats can resist the charm of $HSK lollipops, right?
2M+ $HSK are waiting for you to claim.
Claim Now - https://t.co/00Zp296zKW pic.twitter.com/m51Yk1po4B
According to the blog post , Hashkey claims:
"HashKey will take on the Vai of providing regulatory advice and technical support for Catizen's blockchain infrastructure. This helps ensure Catizen's sustainable development both in terms of technology and legal compliance."
Additionally, on July 16, the leading organization developing the TON ecosystem The Open Platform (TOP) announced an investment of an undisclosed value in Pluto Studio.
With 25M in-game players, @CatizenAI is one of the hottest games right now🐾
— The Open Platform (@topdotco) July 16, 2024
TOP is thrilled to announce our strategic investment in @PlutoVisionLabs , the creative force behind https://t.co/F4GGegUv4f . Our founder and CEO, @rogozov , along with key figures from #TON ecosystem,… pic.twitter.com/FwNQgLqzyO
Recent investments from the "big guys" have increased the community's expectations for the Airdrop that Catizen announced TGE on September 20.
😺 Meow～$CATI is coming soon to the #BybitSpot trading platform! @Bybit_Official
— Catizen (@CatizenAI) September 5, 2024
🎉 Listing time: Sep 20, 2024
Get a head start on trading with Bybit's pre-market and seize the opportunity before everyone else.
Trade Now: https://t.co/9RT77dgIrD
Catizen's vibe: Play for… pic.twitter.com/VsCobYrxrO
Specifically, the CATI Token will officially launch through the TGE event on September 20 on the Bybit exchange, and is expected to Airdrop 40% of the total supply to Catizen players over the past 6 months.
Catizen Tokenomics. Source: ICO Drops
Users can now participate in Pre-market trading of CATI Token on CEX exchanges such as OKX , Bitget , and Bybit. At the time of writing, the price of CATI on the Pre-market market is currently hovering around $0.50 per Token.
1H chart of CATI/ USDT pair on OKX Pre-market at 03:50 PM (09/09/2024)
Catizen's CATI Token TGE comes a week before Hamster Kombat announced Token launch on September 26. Hamster Kombat announced that it would Airdrop 60% of its total supply to players, claiming it would be the largest Airdrop in history. To achieve this feat, Hamster Kombat would have to surpass Uniswap 's famous Airdrop in 2020, which distributed over $6.43 billion.
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