On September 20, 2024, Binance will list Catizen (CATI), the latest addition to its Launchpool. Catizen, a cat-themed gaming bot built on the TON blockchain within Telegram's mini-app platform, is gaining attention as a groundbreaking Web3 game. Binance will be the first to offer CATI trading, supporting pairs like CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY. This launch will further expand the gaming and blockchain integration on the popular Telegram platform(The Coin Republic)(Coin Gabbar).
What is Catizen?
Catizen is designed as a Telegram mini-game that combines gaming and Web3 utilities, making it accessible to Telegram’s vast user base. The game leverages Telegram’s traffic and aims to build a Web3 hub that integrates gamification, e-commerce, and Play-to-Airdrop mechanics. This approach is expected to bring a fresh experience to users, making Web3 more accessible by using a familiar platform(Coin Gabbar).
Launchpool and Tokenomics
The Binance Launchpool event, which begins on September 16, 2024, allows users to farm CATI tokens by staking BNB and FDUSD. A total of 90 million CATI tokens will be distributed over four days, with 76.5 million allocated to the BNB pool and 13.5 million to the FDUSD pool. This farming period will precede the public trading launch on September 20, when 305 million CATI tokens will enter circulation out of a total supply of 1 billion(The Coin Republic)(Coin Gabbar).
Unique Concept and Market Potential
Catizen capitalizes on the booming intersection of crypto gaming and messaging platforms. By incorporating Web3 features into a popular app like Telegram, it has the potential to tap into a vast, non-crypto native audience. The game’s cat-themed design, paired with Binance’s Launchpool exposure, makes it an attractive project for both gamers and crypto investors(Coin Gabbar).
With Binance as the first to list Catizen, and growing interest in Telegram-based gaming, the CATI token is poised for significant market engagement following its debut. Stay tuned for more as the project progresses!
