According to the Catizen whitepaper, Catizen plans to convert its in-game system to a standalone CATI token. Users participating in the game will be eligible for CATI token airdrops. CATI will be used for:
Catizen launchpool
Game center and trading bot
Short video platform
Open task center
E-commerce platform
$CATI Token Distribution
The total supply of one billion CATI will be distributed as follows:
Airdrop/ecosystem: 43%
Catizen treasury: 20%
Catizen team: 20%
Seed round funders: 8%
Liquidity reserves: 4%
Strategic round funders: 3%
Advisors: 2%
Initially, 35% of CATI tokens were planned for airdrop, but this was increased to 43% to reward the community’s support.
How to Qualify for the $CATI Airdrop
Play the Game: Engage with the game and accumulate vKITTY.
Level Up Cats: Combine cats to increase their levels.
Connect a TON Wallet: Link your TON wallet to receive the Catizen airdrop. Popular options include Tonkeeper and the @Wallet integrated within Telegram.
Complete Tasks: Participate in social quests and daily check-ins to earn more vKITTY. Rewards start at 5 coins per task and go all the way up to 300 for making daily purchases in the game. As a Telegram Premium user, you could win 200 vKITTY coins as rewards.
CATI Airdrop Is Still Pending in the Air
The Catizen team has announced a delay in the CATI token airdrop, which was originally set for July 2024. The team needs more time to optimize crucial aspects for a successful token listing. These include securing major exchange listings, ensuring sufficient liquidity, providing trading options, and determining the listing price. Compliance and market sentiment could be also important factors in their decision to delay the CATI airdrop launch date.
“Delaying our airdrop was a difficult decision, and we understand the community's high hopes for an earlier airdrop, the investment involved, and the emotions attached,” they wrote on Twitter. “We are doing everything we can to achieve the best possible airdrop outcome for the community, while also considering the long-term development and sustainability of the CATI token.”
Pluto Studio, the developer behind Catizen, stated that seed round investors, advisors, and team members will not receive tokens at the Token Generation Event (TGE). Instead, they will receive tokens after 12 months, followed by a 12-month cliff period, and then vesting over four years. This decision aims to ensure long-term value for the CATI token.
Catizen Roadmap: What Lies Ahead?
Catizen has a six-phase roadmap for its future development:
Phase 1: Education First: Create educational content about crypto basics.
Phase 2: Catizen Launchpool: Encourage staking and decentralization efforts.
Phase 3: Game Center and Trading Bot: Launch a trading bot and a game center with over 200 mini-games.
Phase 4: Short-form Drama Platform: Introduce short-form video content.
Phase 5: Open Task Platform: Reward players with CATI tokens for completing tasks.
Phase 6: E-commerce Platform: Launch an e-commerce platform supporting CATI tokens.