Major Exchanges Now Trading CATI Tokens
After a two-month wait, Catizen's CATI token is now trading, a major milestone for the Telegram tap-to-earn game.
The game's Season 1 airdrop distributed 150 million CATI tokensâ15% of the supplyâat 6 a.m. ET on Friday. The coins are traded on Binance, Bybit, and Bitget.
Thursday marked the start of token distribution deposits to non-custodial wallets. In-game action determined CATI token distribution, with quarterly airdrops scheduled for 340 million tokens.
The game's community remains active despite players' dissatisfaction with the last-minute airdrop cut, which transferred 9% of supply to the Binance Launchpool.
Subject to a 12-month cliff and four-year release timetable, 57% of the token supply goes to liquidity, treasury, team, investors, and advisors.
Over 39 million users and 18 million active monthly players have played Catizen, according to Pluto Studio. In-app purchases have earned the game $16 million, according to Telegram CEO Pavel Durov.
TON Blockchain Grows Through Gaming
CATI coins help expand the TON blockchain, which is growing fast via Telegram mini-apps. TON-based tap-to-earn games like Catizen, Hamster Kombat, and Notcoin are expanding.
Due to its rapid popularity, the TON blockchain presently supports over 1,159 crypto projects.
Its total value locked (TVL) is $350 million, and transaction volumes have increased twelvefold in the last year due to decentralized exchange activity. With Hamster Kombat's token launch imminent, the TON ecosystem is thriving.
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