Catizen Telegram: CATI Token Function and Latest User Updates
2024-09-10Bittime - Catizen, one of the most popular Telegram-based gaming projects, has just announced important news regarding their token, $CATI.
With a well-established partnership with Yescoin, Catizen announced that the $CATI token will soon be listed on several top crypto exchanges.
Not only that, they also revealed an airdrop plan that will give users the opportunity to get $CATI tokens for free.
$CATI Token Functions in the Catizen Ecosystem
The $CATI token has a variety of crucial functions in the Catizen ecosystem. First of all, $CATI is used to purchase in-game assets at the center of their gaming projects.
Additionally, this token serves as a tool for community governance, allowing its holders to participate in important decisions that influence the direction of project development.
In the Catizen ecosystem, $CATI acts as a universal currency applicable to various platforms such as Game Center, Launchpool, and Open Task. With the “Stake to Earn” mechanism in Launchpool, users can earn additional rewards by staking their tokens.
Meanwhile, “Hold to Earn” in Open Task gives users the opportunity to get an airdrop based on the number of tokens they hold.
Catizen Success and Future Targets
Catizen has recorded a number of impressive achievements in a short period of time. The project has attracted investment from some of the biggest players in the crypto industry, including Binance Labs, Hashkey Capital, TOP, and Folius Ventures.
In addition, Catizen has won the Open League APP Battles for four consecutive times and became the highest-grossing project on the TON mini-app platform.
Currently, Catizen has ambitious plans to add over 100 new games to their game center by 2024. They have already started by launching eight new games.
The latest statistics show that Catizen has 33 million active players in the game, with 2.2 million of them being Telegram Premium users. There are over 2 million on-chain users and 3.7 million daily active users, with 50K of them being daily paying users.
Impressive Income and Users
With revenue reaching 20 million USD this year and 750 thousand paying users, Catizen is showing significant growth. This success emphasizes Catizen's position as one of the leading projects in the Telegram mini-app ecosystem.
According to Andrew Rogzov of The Open Platform, “Catizen has launched one of the most successful social games in the Telegram mini-app ecosystem to date.
Also read Airdrop DuckCoop: A Telegram Game Similar to and Competing with DOGS
Their innovative approach sets new standards for thousands of developers. With extensive experience in creating social games across multiple platforms, they are shaping the future of gaming on Telegram.”
Conclusion
With upcoming listings and airdrops planned, Catizen continues to expand its reach and provide more value to its community. The $CATI token not only serves as in-game currency, but also as an important tool for community participation and investment.
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