Catizen, a fast-rising play-to-ear game on Telegram, made headlines when it went live with its own token, CATI. Officially launched on the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit and Bitget.
The CATI token is get a lot of hype within the Nigerian Web 3 community. Catizen has approximately 34 million players and impressive revenue figures, hence its strong position in blockchain gaming.
Good luck with air drops
The CATI launch will also be complemented by an effective airdrop campaign with token distribution to early participants. Bybit is the first exchange to complete airdrop distribution, which involved sending approximately 17.7 million people CATI tokens for users.
This campaign is part of a wider allocation of 340 million tokens, and there are plans for future airdrops to maintain user engagement. The initial trading price for CATI was $0.97, which was indicative of robust demand from investors eager to take advantage of this new opportunity.
Besides creating buzz, the airdrop has motivated players to do more with the Catizen platform. Through activities and interactions in the Telegram mini-app, especially completing tasks and upgrading the game city, you can earn CATI tokens.
Increasing attractiveness and income
The charm of Catizen lies in the original game ideas and the special bond with Telegram. In-game currencies such as Fish and vKitty allow players to earn prizes in the form of CATI tokens.
The game has reportedly grossed almost $26 million from in-app purchases alone. With over 36 million registered players as of late, Catizen’s expansion path seems strong.
The project also received significant support from Mantle EcoFund, which helped it grow. Catizen promises to improve user experience and engagement as it becomes a Mini App Center that combines launchpool features. This strategy could make it a major Web 3 gaming player.
The way forward
Future plans include continued airdrops and other feature integrations to increase interactions between users. The total supply of CATI tokens in the project is set at 1 billion, and these will be divided equally between the two chains used: TON and Mantle.
As the cryptocurrency world evolves, Catizen’s approach could serve as a precedent for any play-to-earn plays in the pipeline. That said, the road ahead looks bright for Catizen due to its engaging gameplay, community involvement through airdrops, and strategic partnerships.
With September being a pivotal month for crypto events in Nigeria – headlined by both the launch of Catizen and another major airdrop of Hamster Kombat – the spotlight is firmly on these projects as they navigate the competitive landscape of Web 3 gaming .
Featured image of OKX, chart from TradingView