It feels so good to use BNB as a "golden shovel" because good projects always come one after another!
This cat-and-mouse game is going on one after the other. You can first use BNB to participate in Binance Launchpool to mine the 59th issue of $CATI (Telegram Cat), which will be mined from September 16 to 19 and will be available for trading on September 20. Then you can mine the 58th issue of $HMSTR (Hamster), which will be mined from September 23 to 25 and will be available on September 26.
Recently, Binance’s listing of coins is almost all clear. TON ecological tokens are being divided into independent sectors, and most of the projects listed have low thresholds, and users can "participate for free."
TON ecosystem is now taking an independent route - Play-to-Airdrop and list, with huge traffic, which any exchange wants to grab. Whoever can control the traffic will have the right to speak!
Currently, the project that can participate in mining is Catizen ($CATI). The mining period is 4 days, and it supports staking BNB or FDUSD to obtain tokens.
Catizen——The traffic leader in TG games
Catizen is a cat-themed gaming robot developed based on the Telegram applet, and is also one of the leading projects in the Play-to-Earn track of the TON ecosystem.
Multiple game projects in the TON ecosystem have similar basic gameplay. They use simple click operations, social tasks, new attraction mechanisms and staking functions to quickly break through the circle with the "small application, light interaction" model, with remarkable results.
So far, Catizen has attracted more than 37 million players, of which 15.2 million are eligible for airdrops. Based on these data, Catizen’s future development direction is very clear:
Add more Launchpool projects and mini-games to expand gameplay and monetization opportunities.
Upgraded to a task platform, equipped with a Web3 advertising system to increase user engagement and rewards.
Introducing the virtual companion AI Cat to enhance the community interaction experience.
Build a Web3 traffic distribution platform and transform it into a comprehensive mini-game and social center.
Compared with other similar games, Catizen has several advantages:
The user quality is high, with over 1.2 million paying users, which is very rare in Web3 games, especially those that are free to participate.
The game has already achieved positive returns, with revenue exceeding $26 million, which is extremely rare.
Catizen has received financing support, and TON officials have mentioned many times that this project may be further promoted in the future.
Catizen’s Token Model
Token name: $CATI
Initial circulation: 305,000,000 $CATI (30.5% of total supply)
Total Token Supply: 1,000,000,000 $CATI
Binance Launchpool Allocation: 90,000,000 $CATI (9% of total supply)
Function:
Payment: $CATI is the universal currency of the Catizen ecosystem, which users can use to purchase in-game items, upgrades, and services.
Staking: Users can stake $CATI tokens to participate in Catizen’s Launchpool platform and receive future airdrops through Open Tasks.
Governance: $CATI holders have the right to participate in the future governance of Catizen.
Online price estimate
Refer to the two projects in the early TON ecosystem:
$NOT: Market cap was $3 billion when it went online, and its current market cap is close to $800 million.
$DOGS: Market value reached $1 billion at launch, current market value is $500 million.
The current pre-market price of $CATI is $0.73. Based on this price, the market capitalization is $220 million and the FDV is $730 million. This valuation is relatively reasonable.
Based on the strong data of $CATI, the lowest expected price may exceed $DOGS's $1. If we refer to the listing price of $NOT, the reasonable price range of $CATI is $1 to $3. There may be a certain meme premium after the listing.
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.
