Crypto market is full of memecoins as new memecoins are launching every day and somehow people are now more interested in trading memecoins. Beside that there are only a few who make it to binance listing and Simon's Cat is one of a few and this is what we will discuss in this article.
Simon's cat was also airdropped to the BNB holders. I will also share how you can get future airdrops on binance. Let's dig into it.
What is Simon's Cat?
Simon’s Cat Token represents the seamless integration of the beloved Simon’s Cat IP, created by British animator Simon Tofield, into the Web3 ecosystem.
The token is designed to simplify blockchain adoption for fans, fostering active participation and deeper connections within the Simon’s Cat community. By integrating digital and physical experiences, CAT enhances fan engagement and promotes inclusivity in the evolving Web3 space.
Key Features
Hybrid Integration: Combining Web2 familiarity with Web3 innovation to create a user-friendly experience.
Community-Driven: Engaging Simon’s Cat’s vast audience with rewards, exclusive events, and interactive content.
Global Accessibility: Expanding across platforms like BNB Chain and Solana to maximize trading liquidity and accessibility.
Social Responsibility: Supporting animal welfare through partnerships and charitable initiatives.
Project Mission & Value Proposition?
Project mission:
The vision for Simon’s Cat Token is to leverage the globally beloved Simon’s Cat brand to create a fan-driven Web3 community. CAT offers fans an innovative way to engage with the brand through interactive experiences, earning rewards, and gaining exclusive access to private communities and events.
Value Proposition:
By integrating hybrid Web2/Web3 experiences, such as mobile games, Telegram apps, and exclusive perks, CAT maintains the playful essence of Simon’s Cat while introducing new, engaging opportunities for fans. The roadmap further emphasizes real-world initiatives, including themed merchandise, events, and charitable campaigns, bridging the digital and physical realms.
With a trusted intellectual property and a global audience, Simon’s Cat Token aims to make Web3 both fun and accessible. Its mission is to create a community-driven ecosystem that provides meaningful value to fans while fostering a positive real-world impact.
Simon's CAT Utility & Features
CAT token offers a wide range of utilities for holders to power a fan-driven ecosystem. Utilities include:
Solana and Multi-Chain Compatibility: With its presence on BNB Chain and Solana, holders benefit from broader trading liquidity and integration with Solana-specific protocols, providing additional earning and utility options.
Fast and Low-Cost Transactions: Leveraging BNB Chain and Solana’s low fees and high throughput to transact with CAT.
Revenue Accrual for Buyback & Burn: Revenue generated from the Telegram Mini-App (2.8M+ MAU) is utilized to buy back CAT tokens from the secondary market and burn them, reducing supply and enhancing token value.
Charitable Initiatives: A portion of CAT is dedicated to animal welfare, allowing holders to directly support causes such as donations to charities and the upcoming Simon’s Cat Foundation.
BonkBot Burn Partnership: CAT has partnered with Bonkbot to enable token burns, reducing supply. A portion of BONKbot trading fees—20% from new users and 10% from existing users (who use CAT referral link)—is used to buy back and burn CAT, supporting its long-term value.
As per their whitepaper Utilities to come in future as roadmap progresses:
Exclusive Access: CAT holders will unlock premium benefits, including private community passes, access to exclusive events, and members-only content such as Simon’s Cat-themed series and comics.
Merchandise Integration: The token will provide holders with discounts, priority access, and exclusive merchandise collections, bridging the gap between digital and physical ownership.
Real-World Extensions: CAT will play a central role in real-world experiences, including Simon’s Cat-themed cafés and events in major cities, where tokens can be used for entry or to unlock exclusive perks.
Web3 Onboarding: The upcoming Memestore will simplify the onboarding process for Web3, allowing holders to purchase tokens easily using familiar payment methods like Apple Pay.
Project Key Highlights
CAT launched on August 22, 2024 and within 72 hours amassed a volume of over $600M across DEX and CEX
$CAT’s launch skyrocketed BSC Chain’s on-chain activity from a 90-day average of 4-5% to 19.8% over six days, peaking at 27.7%
CAT recently bridged to Solana, making it tradable on both BSC Chain and Solana
Simon's CAT Tokenomics
As of December 18th 2024, the total supply of CAT is 8,099,954,917,916. The max supply is 9,000,000,000,000 CAT. (~10% supply was burned. The circulating supply upon listing on Binance will be 6,749,954,917,916 (including 1,143,000,000,000 CAT as HODLer airdrop token rewards).
Here is the token distribution chart of Simon's cat token
As mentioned above $1000CAT token was shared to Binance Hodlers Airdrop for free
What is Binance HODLer Airdrops?
Binance holders airdrops is really a simple way to earn free money as there is no risk involved.
This unique benefit is reserved for users who staked their BNB in Fixed Staking or Simple Earn products on Binance.
Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-12-09 00:00 (UTC) to 2024-12-12 23:59 (UTC) will get the airdrops distribution of Simon's cat token.
If you haven’t done so already, it’s too late to get this airdrop- however, you can join BNB staking now to qualify for future airdrops.
How can you subscribe to simple earn to get the future airdrops?
Go to binance.com and fine the "Earn" option as pointed in the below screenshot.
You can find this option on Binance app as well
Use your BNB holdings to subscribe to term or demand earn products.
By subscribing, you automatically qualify for the Holder airdrop as well as other benefits like Launchpool and Megadrop rewards.
I hope you liked the information i shared about the token. I would like to hear your thoughts on it.
