Catizen's CATI Token: Tokenomics, Distribution, and Roadmap
2024-09-09Bittime - Catizen has stolen the hearts of more than 30 million players. However, behind the adorable appearance and addictive gameplay, Catizen holds great potential in the crypto ecosystem with plans to launch the CATI token.
So, this article will discuss the CATI token in detail, starting from tokenomics, distribution, to the Roadmap. Curious? Keep reading this article, OK!
What is Catizen?
Catizen is more than just a virtual cat game on Telegram. Basically, Catizen is an ambitious Web3-based social entertainment platform.
Although currently widely known as a Telegram mini-app game, Catizen has a long-term vision to integrate various features such as mini-games, TV drama series, and e-commerce functionality.
In the game Catizen, players manage a virtual cat cafe by combining and leveling up their cats. The main goal is to maximize the acquisition of vKITTY, an in-game currency that can later be converted into CATI tokens.
With the "play-to-airdrop" concept, Catizen offers incentives for players to remain active and improve their performance in the game.
Read also: In just 6 months, Catizen users have reached 34 million players
What is CATI Token?
CATI is a token that is planned to be the core of the Catizen ecosystem in the future. Although Catizen currently uses several in-game tokens such as vKITTY and xZEN, the long-term plan is to convert the existing system into a stand-alone CATI token.
The CATI token will later become a tradable asset and be connected directly to the Catizen game mini-app. In accordance with the play-to-airdrop concept, users who participate in various aspects of the Catizen game will be entitled to an allocation in the CATI token airdrop.
Tokenomics Token CATI
Source: Catizen
The Catizen Foundation has revealed several plans regarding the utility of the CATI token in their ecosystem. Here are some areas where the CATI token will be used:
Catizen Launchpool: Platform for staking and decentralization efforts.
Game Center and Trading Bots: Facilitates crypto trading and provides more than 200 mini-games.
Short Video Platform: Presents entertainment content in short video format.
Open Task Center: Web3 based reward system for completion of various tasks.
Platform E-commerce: Allows buying and selling of goods using CATI tokens.
Although complete details are still limited, the Catizen team emphasized that vKITTY's profit speed per second will be the main criterion in measuring CATI allocation.
Read also: Towards Catizen Listing, Number of Users and Revenue Soars!
CATI Token Distribution
Source: Catizen
The Catizen Foundation has announced distribution plans for a total supply of 1 billion CATI tokens. Here are the details:
- Airdrop/ecosystem: 43%
- Catizen Treasury: 20%
- Tim Catizen: 20%
- Seed round funders: 8%
- Liquidity reserve: 4%
- Strategic round funders: 3%
- Advisor: 2%
Interestingly, the Catizen Foundation initially planned to distribute 35% of CATI tokens to the community and ecosystem. However, seeing the game's growing popularity, the team decided to increase this figure to 43%.
This step shows Catizen's commitment to respecting the active participation of players and supporting the growth of the Catizen ecosystem.
Roadmap Catizen (CATI)
Catizen has an ambitious plan divided into six main phases:
Phase 1 - Education: Focus on creating educational content about crypto basics for players.
Fase 2 - Catizen Launchpool: Encourages staking and decentralization efforts through a cat character staking system and referral program.
Phase 3 - Game Center and Trading Bots: Launch of Catizenbot to make crypto trading easier, as well as Game Center with more than 200 mini-games.
Phase 4 - Short Drama Platform: Delivering short video content to expand Catizen's reach.
Phase 5 - Open Task Platform: Development of a Web3 advertising system that rewards CATI tokens for completing various tasks.
Phase 6 - E-commerce Platform: Ambitious plans to launch an e-commerce platform with CATI token as the main currency.
Conclusion
Catizen has proven itself to be one of the most popular Telegram mini apps with a unique concept that combines the love of cats and the potential of crypto. With its CATI token launch plan and comprehensive roadmap, Catizen has the potential to become a major player in the play-to-earn space.
With a combination of engaging gameplay, promising tokenomics, and an ambitious vision to become a comprehensive Web3 entertainment platform, Catizen and its CATI token are worth keeping an eye on for future developments.
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