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Cryptocurrency News Articles

Catizen Coin Airdrop Listing Date: What Is the Current Situation?

Sep 03, 2024 at 01:46 am

The Catizen AI team initially scheduled the airdrop of the $CATI token for July. However, this date has been postponed.

Catizen Coin Airdrop Listing Date: What Is the Current Situation?

Catizen AI, a popular Telegram-based swipe-to-earn game, announced plans to launch its token airdrop in July. However, the launch did not occur as scheduled. Since then, there have been no official announcements regarding the Catizen coin airdrop launch and listing date.

The Catizen project team had initially set a launch date for the $CATI token airdrop in July. Following this announcement, the launch was postponed.

According to the team, this delay is necessary to optimize the launch process. Key factors mentioned in the postponement include securing listings on major exchanges, ensuring adequate liquidity, determining a suitable listing price for the Catizen ($CATI) token, and providing diverse trading options.

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Via their official channels, the Catizen team has shared these updates, assuring players that the coin airdrop remains a priority but requires additional time to finalize these elements. This delay is intended to prevent potential issues that could arise from a hasty launch.

Catizen Game Center Launches

Following the delay in the token airdrop, Catizen introduced its Game Center within the TON ecosystem on August 22. This update integrates eighteen games from Catizen's roadmap.

Previously, Catizen ($CATI) has utilized In-App Purchase (IAP) and In-App Billing (IAB) business models, achieving a web3 user conversion rate of 7%.

Accessible directly through Telegram, Catizen is a mini-game that involves swiping to merge cats, allowing players to increase their levels and earnings. The goal is to manage a cat café, where visitors interact with the cats, generating vKITTY for players. As cats level up through merging, their earning potential grows, and players can acquire more in-game currency.

In addition to the Catizen core gameplay, there is a secondary fishing mini-game, where players use Fish Coins earned from daily logins or referrals to catch fish and potentially earn more rewards. Despite these extra features, the main focus for players has been the upcoming airdrop of the Catizen token, which would convert in-game assets into cryptocurrency.

Moreover, Catizen token claims to have a user base of over 26 million. The game also integrates elements of blockchain technology, artificial intelligence, and the metaverse. Recently, the Catizen coin saw a rise in price during its pre-market listing on Bitget, where it reached a high of $0.77 from an initial $0.30. This listing allowed users to buy tokens before their official launch through the airdrop. The platform has also attracted investments from entities like Binance Labs.

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Player Strategy During the Delay

As players await the Catizen airdrop, they can continue participating in the game to maximize their potential share of the upcoming tokens. Notably, the airdrop distribution will consider both the highest-level cats owned by each player and the amount of vKITTY generated. This implies that actively leveling up cats and using vKITTY will increase the chances of receiving more tokens once the airdrop takes place.

Catizen coin is built on The Open Network (TON) blockchain, which also hosts other Telegram-based games. The developers have also expressed interest in expanding to the Ethereum scaling network Mantle. After all, this multi-chain strategy could offer additional flexibility and options for future developments.

Original source:coinchapter

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