Dear @CatizenAI Community, Today marks a significant achievement – the long-awaited CATI token airdrop day! It’s thrilling to share this monumental moment with you all. Each CATI token embodies your governance rights within the Catizen ecosystem. Beyond just a token, it represents the trust and unity of our community – the very essence of Web3.
Many have inquired about the Airdrop Allocation, and here’s the breakdown: 43% of the total is allocated for airdrop – 34% for the community and 9% for the Binance Launchpool.
The release and economic model:
Airdrop & Ecosystem (43%): 34% will go to the community, with 15% distributed at TGE (Token Generation Event) for Season 1 rewards. The rest will be allocated over quarterly seasons, increasing by 10% each quarter until all tokens are distributed within 8 quarters post-TGE. Launchpool will get 9%, distributed fully at TGE.
Liquidity (5%): Fully released at TGE.
Treasury (15%): 10% released at TGE, with a 12-month cliff and a 48-month linear release.
Team (20%): Locked for 12 months, then released linearly over 48 months.
Investors (10%): Same vesting as the team.
Advisors (7%): Also subject to a 12-month cliff and a 48-month linear release.
With a total supply of 1 billion CATI tokens, there will be no further increases. Moreover, 50% of the foundation’s revenue will go towards repurchasing and burning CATI, potentially reducing supply by 50%. After careful consideration, we are releasing 30.5% of the total supply at TGE.
We believe that with the right elements in place, the value of CATI will rise significantly. Our community has already benefited from opportunities like the Stake to Earn event, and more initiatives are coming to strengthen the ecosystem and ensure long-term growth.
Our team, investors, and advisors will not receive any tokens at TGE, reinforcing our confidence in Catizen’s future. For the first year, only players can hold and trade $CATI.
This is only the start! The Catizen mini-game platform will lead to even more, with plans to build out the Telegram Miniapp ecosystem, launching thousands of games and diverse content, from short dramas to e-commerce. Together, we’re shaping a Web3 entertainment empire!
Thank you for your trust and continued support. Let’s keep moving forward! 😽
