Catizen, a popular chain game on the T ON ecosystem, finally officially opened the airdrop for users to inquire how much $CATI tokens they can get on the evening of last Saturday (14th). However, many players are concerned about the lower than expected distribution amount and the official change of airdrop without warning. Dissatisfied with the distribution standards, the following section will clarify the entire dispute in detail.
Airdrop ratio changed from 43% to 34%?
First of all, according to previous official announcements , originally $CATI token economics showed that the total number of tokens was 1 billion and the airdrop ratio was 43%. However, the latest information released by the Catizen channel on September 15 showed that the airdrop ratio has been adjusted to 34%. In addition, only 15% of the token generation event (TGE) will be allocated to reward Season 1 players in the initial stage, and the remaining 19% of the airdrop will be used for quarterly airdrop activities, which is expected to be completed within 12 quarters after TGE.
Netizen @Gautamguptagg said :
"The token distribution to early contributors is not fair - over 80% of real users have invested their valuable time. If 45% of the supply is allocated to the community instead of 15%, each user will receive a more reasonable token. Coin distribution.
In this regard, officials clarified that 43% of the supply will be allocated to airdrops and the ecosystem, including 90 million tokens (43% = 34% + 9%) that provide Binance Launchpool rewards. According to Binance’sannouncement , users can invest BNB and FDUSD into the Catizen mining pool starting from 18:00 on September 16, 2024, Taiwan time, to participate in the four-day new currency mining activity.
Distribute tokens to focus on non-vKitty revenue?
On the other hand, the official announced a long time ago that the key to token distribution is the speed at which players earn in-game tokens $vKitty on the platform (the higher the level of the cat, the faster the currency is earned), but later it was discovered that this seemed Not the maximum allocation weight.
For example, netizen @Cryptowithkhan said : "I am ranked 6,000 out of 36 million players, but I only received 39 $CATI."
In this regard, the development team explained that because some players used scripts and robot plug-ins to increase their income and try to obtain more CATI tokens, the team had to modify the airdrop design. The adjusted standard reduces the weight of vKitty’s income rate and changes it to an indicator that better reflects real player activities, such as on-chain interaction, task completion, and fish currency purchase and consumption.
It also stated that Catizen had previously issued an anti-cheating notice on May 2, which stated :
Any use of scripts, bugs, code or invitation bots to cheat will not be tolerated. There are no shortcuts here.
The Catizen team is committed to preventing this type of abuse and ensuring our governance tokens are distributed to genuine players.
In other words, if you invite more people and invest more money in interaction, you will receive more token rewards; but for players without tuition fees, the token distribution they receive will be squeezed. It can only be said that the standards for token airdrops are really a very complicated subject, and how to satisfy everyone in the ecosystem is really not an easy task.
$CATI pre-market price action
Currently, according to the OKX pre-market price, the price of the CATI token is approximately US$0.725, and it reached US$0.843 this morning. According to official instructions, major exchanges are expected to officially launch trading at 6:00 pm on September 20, Taiwan time.
