Catizen, despite months of promises to the community, may face a rocky start as the community is unhappy with the current allocation.
Members of the Telegram ecosystem have been waiting for the Catizen airdrop, but have recently protested after some changes. On Saturday, tap-to-earn game developer Pluto Studio revealed the number of tokens players will receive when the Telegram game’s CATI token finally launches on The Open Network (TON).
The move has angered the community, as many believe that this information should have been disclosed before launch. Furthermore, players are still uncertain about the value of the Token when it finally launches in the next few days.
Challenges in Launching Catizen Token
Overall, the CATI airdrop has been a struggle over the past few weeks. Catizen originally planned to launch the CATI Token in July. The team delayed the airdrop at some point, but the developers admitted that the reason was to optimize key factors for a successful Token listing. Pluto Studio explained that they are working to get listed on major exchanges, provide multiple trading options, and ensure a reasonable listing price.
In addition, the team also faced other difficulties such as regulatory compliance and poor market sentiment. The latest surprise has sparked outrage, with most people expressing their disappointment on X. These players were unhappy that the rewards received were lower than expected.
Based on the project design, Catizen will have a total supply of 1 billion tokens. Of these, 305 million tokens will be distributed into the circulating supply at launch. This is disappointing, especially for players who have put a lot of effort into the Telegram puzzle game, thinking they will get a bigger share. One player expressed his frustration, asking for transparency.
“Ranked 6,054 out of 36 million players but only received 39 CATI. How can anyone call this a fair distribution? We need transparency in Token allocation,” the player said.
Outraged CATI Players Use Hashtag #Catizenscam
Out of frustration, these players started the hashtag #catizenscam, which is currently trending on X. In addition to the issue of the number of Tokens allocated, there are other changes to the Token distribution model and allocation criteria that were not previously announced to players. The original plan was to give the community 43% of the total Token supply at the outset.
However, over the weekend, Catizen developers clarified that 43% of the total supply will go to “airdrops and ecosystem.” This includes 90 million tokens, or 9% of the total supply, that the team plans to give to Binance customers who stake the coin through the Launchpool rewards campaign. Notably, the team just announced this promotion last Friday.
According to the new announcement, only about 30% of the total supply will be in circulation at launch, creating many questions from players. Meanwhile, Pluto Studio also highlighted another change in the design of the airdrop to deal with players using artificial means to increase their income.
