Telegram’s Catizen Game Launches CATI Token Amid Community Airdrop

The CATI token for Telegram’s tap-to-earn sport, Catizen, has formally launched for buying and selling on a number of centralized exchanges, together with Binance, Bybit, and Bitget.

The CATI token for Telegram’s tap-to-earn sport, Catizen, has formally launched for buying and selling on a number of centralized exchanges, together with Binance, Bybit, and Bitget.

Buying and selling commenced at 6 a.m. ET on Friday, following a distribution of 150 million tokens, which represents 15% of the entire provide of 1 billion tokens. This token distribution is a part of the sport’s Season 1 airdrop, which started on September 14.

Gamers who participated within the sport have been eligible for the airdrop primarily based on their in-game exercise, with tokens distributed on the identical time buying and selling started. The event group, Pluto Studio, initially deliberate a bigger allocation however lowered it shortly earlier than the airdrop, diverting 9% of the availability to the Binance Launchpool.

This determination led to some dissatisfaction amongst gamers concerning their token allocations and eligibility standards.

The airdrop is a part of a broader allocation of 340 million CATI tokens, with the remaining 190 million earmarked for future quarterly campaigns.

Of the entire token provide, 57% is reserved for numerous functions: 5% for liquidity, 15% for treasury, 20% for the event group, 10% for traders, and seven% for advisors, all beneath a 12-month cliff and 48-month linear launch schedule.

The TON blockchain, which hosts the sport, has seen important development, with its day by day transaction quantity growing from 100,000 to 1.2 million prior to now 12 months.

This text incorporates hyperlinks to third-party web sites or different content material for info functions solely (“Third-Get together Websites”). The Third-Get together Websites should not beneath the management of L3B7, and L3B7 just isn’t accountable for the content material of any Third-Get together Web site, together with with out limitation any hyperlink contained in a Third-Get together Web site, or any modifications or updates to a Third-Get together Web site. L3B7 is offering these hyperlinks to you solely as a comfort, and the inclusion of any hyperlink doesn’t suggest endorsement, approval or advice by L3B7 of the positioning or any affiliation with its operators.
This text is meant for use and have to be used for informational functions solely. It is very important do your individual analysis and evaluation earlier than making any materials selections associated to any of the services or products described. This text just isn’t meant as, and shall not be construed as, monetary recommendation.
The views and opinions expressed on this article are the creator’s [company’s] personal and don’t essentially replicate these of L3B7.