Telegram Game ‘Catizen’ Set to Reveal Airdrop Allocations as Binance Rewards Launch
Telegram game Catizen will take a snapshot and tell players how many tokens they can claim, with a Binance rewards campaign underway too.
Swipe-to-earn Telegram game Catizen is gearing up to reveal to players how many CATI tokens they will receive ahead of its token launch on The Open Network (TON) and airdrop, with developers also announcing a Binance Launchpool rewards campaign ahead of opening up centralized exchange claims to players.
Catizen developer Pluto Studio announced Friday that it will take a snapshot of player’s in-game progression at midnight, before revealing token allocations on Saturday morning. On Sunday, players can then claim those tokens through centralized exchanges ahead of the CATI token generation event on September 20.
Revealing allocations in advance could soften the blow to—or perhaps pump up the excitement of—players when it comes to token allocations. Back in June, some Blast users were left disappointed when they discovered that, after working through a number of technical difficulties, their bags weren’t as big as they’d hoped. This resulted in a selloff, with the token dropping in price before many could even claim their airdrop.
The Telegram feline game is looking to reduce the possibility of an instant selloff by allowing users to stake CATI to earn extra rewards. Available as soon as the allocation is revealed, the staking period will run through until September 24. Each account will be limited to earning an additional 1,000 CATI.
Enabling direct claims via centralized exchanges and pushing users to stake their tokens rather than withdraw them could also minimize the blow to The Open Network (TON), the network that CATI will be deployed on. Players aiming to withdraw their tokens to a wallet rather than an exchange will apparently have to wait until September 20.