What is Catizen?
Catizen is a “click-to-earn” game that allows players to take care of cute cats and earn rewards through the Telegram messaging app. The game is deployed on two blockchains, TON and Mantle Network, allowing players to receive Airdrop from the project through participating in the game.
Catizen was launched in late March 2024 and has attracted a large number of players, with an impressive number of nearly 40 million participants. The project also pledged to allocate 1% of total revenue to charity activities to rescue stray cats.
Catizen Gameplay
In Catizen, players will play the Vai of the owner of a cat shop, where customers visit every day. The player's task is to raise, manage and upgrade cats. Catizen's gameplay is quite simple: you combine two cats of the same level to create a higher level cat. This gameplay is quite similar to the 2048 game in Web2 but with many interesting activities added such as:
- Perform platform tasks
- Feed the cat to upgrade
- Invite friends to join
- Fishing for rewards
- Stake coins earned in game
Catizen owns four main assets, including: vKITTY, FishCoins, wCATI and xZEN.
- vKITTY : Is the main asset in the game, used to create new cats based on the current level of the account. Players can combine two cats of the same level to upgrade them.
- FishCoins : Rewarded through activities such as fishing, attendance, and inviting friends. FishCoins also provide many benefits such as activating Auto mode, purchasing high-level cats, increasing the speed of creating new cats, and Stake in pools to receive wCATI.
- wCATI : Assets received after Stake in Catizen.
- xZEN : In-game bonus points, which can be earned through lottery activities.
What makes Catizen so appealing?
Catizen stands out with its “Play to Earn” model, which allows players to convert in-game coins into cryptocurrency Token through Airdrop on the TON network. This model has attracted a large number of players who want to earn money from their gaming experience. The strategic gameplay, daily rewards, and multiplayer mode also make Catizen more attractive.
Catizen’s popularity is also fueled by other popular Telegram games such as Notcoin , Hamster Kombat, and DOGS , which have attracted millions of players worldwide. Catizen also reached the number one position in The Open League rankings, further confirming the game’s success and popularity in the TON ecosystem. A strategic partnership with Notcoin allows Catizen to support NOT payments and burn a portion of revenue to deflate the Token.
To date, Catizen has nearly 40 million players and revenue of up to 26 million USD from 1 million paying users, a remarkable number in Web3 history.
Development Team
Pluto Studio is the team behind Catizen, 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 Head of Finance
Investor
According to information from Binance, Pluto Studio has successfully raised $2.8 million from Seed and Strategic Capital rounds, with prominent funds such as Binance Labs and The Open Platform (TOP).
Development roadmap
- Q3/2024 : Pluto Studio completes Capital, wins first prize in The Open League Application Battle, launches Catizen Center integrating many mini-games and Airdrop CATI Token .
- Q4/2024 : Launch Launchpool, integrating 5 Launchpool projects and 20 games into Catizen Center.
- 2025 : Develop mission platform, integrate AI Cat and expand with the goal of integrating 200 applications.
CATI Tokenomics
Basic information
- Token Name : Catizen
- Token Code: CATI
- Blockchain: TON
- Smart Contract:
- Total Supply: 1,000,000,000
- Circulating Supply:
CATI Token Allocation
CATI Token are distributed 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 Release Schedule
CATI Token Use Case
CATI is the main utility and governance Token of the Catizen ecosystem, with the following functions:
- In-game currency : CATI Vai as the common currency within the Catizen ecosystem, allowing users to purchase in-game items, upgrades, and services such as Game Center, Launchpool, and Open Tasks.
- Governance : CATI Token are used to participate in voting on upcoming Launchpool projects in the community.
- Staking : Users can Staking CATI Token to participate in Catizen's Launchpool platform, as well as hold CATI to receive future Airdrop through Open Tasks.
The article What is Catizen? Let's learn about CATI Token first appeared on Coin79 - Update Coin news and Crypto investment knowledge .
