The planned token launch for Catizen's tap-to-win game, which operates on Telegram, comes two months after the scheduled date. 150 million tokens, representing 15% of the total $1 billion supply, were distributed to users as an airdrop within the scope of the first season.

The project team has allocated a total of 340 million CATI for airdrop events. After today's distribution, the remaining 190 million tokens are expected to be distributed through various campaigns.

The initial distribution of a larger percentage of the total airdrop supply did not please some Catizen players. Some players also criticized the development team on social media for the airdrop conditions. According to the information provided, 9% of the token supply was transferred to Binance Launchpool.

Other portions of the total 57% of CATI supply are also reserved for specific purposes. 5% of this figure is allocated for liquidity, 15% for the treasury, 20% for the team, 10% for investors, and 7% for advisors. Each token, divided into categories, has a 12-month lockup period and a fixed amount distribution program over 48 months.

Catizen announced that it has more than 39 million total users and 18 million monthly users. Telegram CEO Pavel Durov shared that revenue from in-app purchases exceeded $16 million in July.

The CATI token, which is built on the TON blockchain, has started trading on exchanges such as Binance, KuCoin, OKX, and BitMEX since 13:00 today. CATI is currently changing hands at $0.93.

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