Catizen has postponed its airdrop plan originally scheduled to launch in July in order to optimize the key elements of the token's launch.
Odaily reports that Telegram game Catizen has announced the postponement of its originally scheduled airdrop plan in X, in order to achieve 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 determining the launch price. Additionally, factors such as compliance and market sentiment must also be considered. In the TGE, seed round investors, advisors, and the team will not receive CATI tokens. When they receive the tokens after the initial 12 months, there will be a 12-month cliff period, after which the tokens will vest over 4 years.
