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Cryptocurrency News Articles

Catizen Launches Its $CATI Token on Multiple Exchanges, Including Binance, OKX, Bybit, Gate.io, and Bitget

Sep 20, 2024 at 08:31 pm

Mantle's flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget.

Catizen Launches Its $CATI Token on Multiple Exchanges, Including Binance, OKX, Bybit, Gate.io, and Bitget

Singapore, Singapore, 20th September, 2024, Chainwire

Multiple exchanges, including Binance, OKX, Bybit, Gate.io, and Bitget, announced the launch of Catizen’s native token, $CATI, today. As the most profitable mini-game on Telegram, Catizen integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as the universal token of the Catizen ecosystem, is issued on both the TON and Mantle. It can be used in the mini-app center and open tasks, providing users with the opportunity to participate in the Launchpool “Stake to Earn,” further promoting the development of the entire gaming ecosystem.

The $CATI token will exist in a parallel relationship on TON and Mantle, with a maximum supply of 1 billion tokens on each. However, the actual total supply will remain at 1 billion across the two blockchains through a locking mechanism. Currently, cross-chain transfers of $CATI can be done through Bybit exchange. The balance between the two chains is maintained through mutual locking contracts. For example, if Catizen airdrops 10 million $CATI to Mantle game users, 990 million $CATI of the 1 billion on Mantle Network will enter the locking contract, while 10 million $CATI of the 1 billion on TON will enter the locking contract to ensure that the total circulation on both chains remains capped at 1 billion.

Since receiving Mantle EcoFund’s major investment in February 2023, Catizen, developed by Pluto Studio, has skyrocketed in popularity, becoming one of the most successful blockchain games globally, with over 36 million players. Catizen’s success can be reflected in the following impressive metrics:

* Web3 game with the highest user retention rate (98%)

* Web3 game with the highest average daily active users (3.2 million)

* Web3 game with the highest user activity (over 100 actions per user per day on average)

* Web3 game with the highest user stickiness (users spend an average of 4.2 hours on Catizen per day)

* Web3 game with the highest user satisfaction (9.2/10 on average user rating)

* Web3 game with the highest user loyalty (over 70% of users return to Catizen the next day after playing the game once)

* Web3 game with the highest user virality (each user invites an average of 5.8 new users to join Catizen)

* Web3 game with the highest user engagement (each user completes an average of 15 tasks on Catizen per day)

* Web3 game with the highest user stickiness (each user launches Catizen an average of 3.5 times per day)

* Web3 game with the highest user interaction frequency (each user interacts with Catizen for an average of 28 minutes per day)

* Web3 game with the highest user activity level (each user completes an average of 500 interactions with Catizen per day)

* Web3 game with the highest userごと粘着度 (各ユーザーは平均して1日に3.5回Catizenを立ち上げる)

* Web3 game with the highest userごと操作頻度 (各ユーザーは平均して1日に28分間Catizenを操作する)

* Web3 game with the highest userごと活動量 (各ユーザーは平均して1日に500回以上Catizenとやり取りする)

By providing exclusive benefits through the Mantle and TON, Catizen has demonstrated its unparalleled ability to onboard users into Web3 on a massive scale, leading the next wave of Web3 gaming economies.

For more information:

Catizen on Mantle statistics: https://dune.com/hashed_official/catizen-mantle

$CATI airdrop details: https://x.com/CatizenAI/status/1833554571219898749

About Mantle

Mantle Ecosystem comprises an Ethereum layer 2 (L2) — Mantle Network, a decentralized autonomous organization (DAO) — Mantle Governance, one of the largest on-chain treasuries — Mantle Treasury, and an Ether (ETH) liquid staking protocol — Mantle LSP: all built on Ethereum. Mantle token ($MNT) is the unified product and governance token of the ecosystem.

Mantle’s first core product is Mantle Network, an Ethereum L2. Mantle Network strives to be compatible with the Ethereum Virtual Machine (EVM). Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations. Mantle Network is the first L2

Original source:blockchainmagazine

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