Telegram game Catizen has announced that it will postpone its planned airdrop originally scheduled for July.
On July 30th, the Telegram game Catizen announced that it will postpone the airdrop originally scheduled for July, as it is considering the long-term development and sustainability of the CATI token. The goal is to optimize the key elements of the token launch, including determining the exchange, ensuring sufficient liquidity, providing trading options, and setting the launch price, some of which are not entirely under its control, and therefore may be delayed.
In the token generation event (TGE), seed round investors, advisors, and the team will receive 0% of the CATI tokens. When they receive the tokens after the initial 12 months, there will be a 12-month cliff, after which the tokens will vest over 4 years. This will ensure that no tokens are allocated to these individuals during the TGE.
