There is a Binance Launchpool available where you can participate before the Hamster project begins.
The Catizen project started on Telegram even before the Hamster project and has become quite an active project with many users in Telegram mini-apps. It was officially introduced as a project of Telegram and TON during events like Hong Kong Blockchain Week and Token 2049 in Dubai. Telegram founder Durov also mentioned Catizen in his channel messages, which increased expectations for the project.
Moreover, just three months after its launch, Catizenâs revenue reached $10 million due to in-game currency purchases by users. Additionally, during fundraising rounds involving Binance Labs, Hashkey Capital, and Xiaomi, 100 million CATI tokens were sold, raising $2.8 million in funding.
Catizen also achieved a milestone by winning first place in 3 consecutive seasons of The Open League Application Battle, organized by the TON blockchain. Now, Catizen has listed its native token CATI on Binance Launchpool, where CATI will be used both as in-game currency for the entire Catizen ecosystem and as a staking token.
The total supply of CATI is 1 billion, and after the exchange listing, the circulating supply will be 30.5%.
The tokenomics are as follows:
10% for Seed and Strategic Round investors
9% for Binance Launchpool
20% for the team
5% for operational funds
34% for airdrop
15% for the treasury
7% for the advisory board
Even though 30% is allocated for the airdrop, only 15% will be released in September, with the remaining gradually distributed, as mentioned in the Token Release Schedule.
On Binance Launchpool, from 6:30 AM on September 16, 2024, until 6:30 AM on September 19, 2024, users will be able to stake BNB and FDUSD to farm CATI tokens. Since Launchpool is mainly aimed at BNB holders, 76,500,000 CATI tokens will be allocated for the BNB pool, while 13,500,000 CATI tokens will be allocated for the FDUSD pool.
The more BNB you stake, the more CATI you can farm, with up to
79,687 CATI per hour available from the BNB pool, and
up to 14,062 CATI per hour from the FDUSD pool.
For those who participated in the CATI airdrop, if there is a delay in receiving CATI to your Binance account by the time of listing, and if it doesnât arrive even an hour before the listing, it is advised to either claim it via on-chain or contact the CATI Telegram bot.
As my personal opinion, CATI stands out as a project with a strong roadmap and non-inflated tokenomics, making it worth observing to see how far it can go in the long term.
Have fun farming CATI tokens!
