The game #SpaceCatch. has successfully raised 2.2 million USD in its public token pre-sale of #CATCH . This is a truly significant milestone and an important stepping stone. But what stands behind this tremendous success? Today, we will summarize all the crucial points that made this success possible.
1. SpaceCatch Game
SpaceCatch is a classic mobile game with augmented reality and geolocation support, similar to the world-famous game Pokémon GO. However, unlike this renowned game, SpaceCatch offers much-improved combat mechanics, an engaging storyline, and, last but not least, the implementation of play-to-earn and move-to-earn concepts.
2. $CATCH utilities
The $CATCH token will be required in the game for various tasks and will serve as an in-game premium currency, similar to non-crypto mobile games. Statistics from recent years indicate that players spend an average of $50 annually on such microtransactions in mobile games. #Crypto players tend to spend significantly more on blockchain games.

Thanks to these revenues and the fact that $CATCH is not used as an in-game reward token, with its inflation being significantly limited, several factors exert pressure on its long-term value growth.
3. Finished product
Another crucial factor for success is that, unlike the competition, SpaceCatch already has its mobile game almost entirely ready. The game has been in development for a year and a half and is currently in the closed beta phase. The open beta is planned for Q1 2024, with the full version of the game expected in Q2 2024.
A negative trend in gaming projects is to release a product first and only later, if at all, refine and improve it over several years. However, we adhere to the motto “product first,” giving SpaceCatch a high reputation in the crypto community. This, once again, increases the demand for the $CATCH token, which has the potential to become a leader in the GameFi project space.
4. Experienced, fully KYCed team
The game SpaceCatch is developed by the professional game studio Pixelfield, which has collaborated with world-renowned brands and creators. The team behind the game is complemented by experienced individuals from the crypto sector.
As the SpaceCatch project is fully transparent and considered a solid long-term endeavour, all team members have publicly disclosed their identities through Know Your Customer (KYC) procedures (by CERTIK).
5. ICOHOLDER rating
The popular platform focused on new projects, IcoHolder, has awarded the SpaceCatch project with the highest rating among all projects in recent years. This is a prestigious recognition as the evaluation process involves a thorough analysis of various details.
What comes next?
The plan is to conduct one final pre-sale phase where investors will have the last opportunity to purchase $CATCH tokens at a discounted price. This concluding sale is tentatively scheduled for February. Following this round, the intention is to list the token on an exchange. Given that many existing tokens and projects in the GameFi sector lack a game or, if they do, it’s not at the same high level as SpaceCatch, the project could find itself in a unique position. In the event of success in this sector, the potential price increase for $CATCH could reach thousands of percent.
However, the team is focused on long-term goals and project quality. They plan to carefully manage the token’s introduction to ensure it doesn’t happen too soon before it has real utility. Their vision is centred on the long-term impact of cryptocurrencies in the gaming industry, rather than short-term gains. They see cryptocurrencies and their technology as tools that open up new possibilities for players and aim to explore and offer these possibilities to gamers.

Approximately three years ago, the #NFT hype erupted in full force. Initially, people created NFTs for various tweets, memes, digital art, and the like. This initial trend quickly turned into a “digital landfill.” Subsequently, profile picture (PFP) collections took centre stage, dominating the NFT market. However, the subsequent bear market buried this trend, and there was a threat that NFTs as a whole would disappear because the majority of people were using them for quick profits.
However, the technology behind NFTs is really valuable for the gaming sector, offering irreplaceable applications that open up entirely new possibilities for both players and game developers.
At #SpaceCatch. , we fully recognize this potential, and today, we will delve into what lies behind the success and interest in our NFTs.
Demand > Offer
At SpaceCatch , we are well aware of all the advantages of our NFTs, and we release them gradually into circulation. Each time demand starts to dramatically rise, along with the price on the secondary market, another portion of the planned supply is released.
For the most valuable Genesis Box NFT, the total supply is 10,000. Currently, 1,000 boxes are in circulation, with approximately 250 held by the SpaceCatch marketing wallet. The mint price was $50, and the NFTs sold out in 33 seconds. Currently, these Genesis Box NFTs are trading at around $300.
Soon, another 500 boxes will be minted, with the price set higher than $50. The mint price will gradually increase with each subsequent mint. This guarantees long-term price growth for our #NFTs as the community and the number of our NFTs grow, increasing their utility.
Utility is the key
Releasing a collection and generating hype is not enough, especially if you are building a long-term project rather than a quick cash grab. SpaceCatch NFTs have always had, currently have, and will continue to have numerous utilities that maintain or increase their value.

For Genesis Box NFTs, holders had the opportunity to earn additional free XP in the SpaceCatch Zealy campaign, significantly increasing their $CATCH airdrop allocation. Additionally, the staking of these boxes will soon be launched, providing NFT owners with a sustainable passive income due to implemented deflationary components.
Furthermore, Genesis Box NFT holders will have priority access to mint new boxes for the next two years through a whitelist. While the whitelist allows minting at the lowest price, the public price for non-holders will be close to the floor price on the secondary market. The boxes themselves also contain rare equipment and many other bonuses for in-game use.
This model exemplifies our mindset at SpaceCatch. It is a long-term project that considers utility as the cornerstone of the entire game. Our NFTs primarily serve as tools for player profitability, not just for us.
Passive income? Hell yeah!
One challenge in crypto gaming projects is that NFT holders often lack sustainable passive income opportunities. In SpaceCatch, we aim to create space for every type of player, including a new category of “investment players” who may not play games directly but own NFT items for sustainable passive income.
For this category of players, Genesis Box NFT holders currently have many ways to passively, long-term, and sustain profit. These privileges will extend to holders of the full NFT Genesis Set when box openings occur.
Staking, as mentioned earlier, will be fundamental. Additionally, an in-game lending NFT will be implemented, similar to a “scholarship model.” The Genesis Set represents the rarest set in the game, providing enough bonuses for players to easily fulfil tasks and challenges. Since not everyone can afford to own this set or only needs it for a few days and doesn’t want to buy it, lending will be available.
NFT owners can create offers to rent out their NFTs for a specified time and price. Players can rent these rare items without having to buy entire sets, creating a win-win situation for both parties. It’s important to note that lending will be available for all NFTs, not just those from the Genesis Set. However, these items will be the most sought-after due to their bonuses.
Conclusion
We are much more prepared, with many intersections between our NFTs and the #CATCH token. SpaceCatch is focused on long-term sustainability, and there is currently no similar competitor in the cryptocurrency sector. #crypto2024SpaceCatch

The global market for #cryptocurrency exchange-traded products (ETP) has reached a value of $50.3 billion, according to BitMEX research. The research suggests that the approval of spot Bitcoin ETFs in the United States could have a significant impact on the entire crypto #ETF market.
#Bitcoin Dominance and Diversity of Cryptocurrency ETPs
Within the crypto ETP market, Bitcoin ETFs dominate with a value of $35.4 billion. Ethereum and other cryptocurrencies also contribute significantly, with representation from entities like Greyscale Ethereum Trust. The report also highlights the growing presence of newer cryptocurrencies such as Solana.
 Analysis of Investor Behavior
The study examines common thought patterns among virtual asset investors, including reliance on readily available information and exaggerated self-confidence. It indicates a need to improve the financial behavior and attitudes of investors.
 New Regulatory Framework for Crypto ETFs in Hong Kong
Hong Kong recently introduced a new regulatory framework allowing retail investors to trade in cryptocurrencies. As a result, the first crypto exchanges obtained licenses, and banks in the city began supporting crypto-to-fiat conversions.
 Contradictory Predictions on the Success of Spot Bitcoin ETFs
Amid growing anticipation of the approval of spot Bitcoin ETFs in the United States, Bitwise and Van Eck offer differing views on the potential success of these products. Bitwise predicts that spot Bitcoin ETFs could be the most successful ETF products, while Van Eck takes a more conservative stance.
 Global Growth of Crypto ETFs
A report by ETFGI states that crypto ETFs worldwide recorded a net inflow of $1.6 billion in 2022. The top twenty crypto funds accounted for the majority of these investments. The ProShares Bitcoin Strategy ETF stands out as a pioneer in individual inflows, indicating significant investor interest in this area.
#crypto2024SpaceCatch #SpaceCatch.
 Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“