Catizen Review: Telegram Cat Breeding Project Goes to Binance Launchpool

September 22, 2024 - Around 7 mins mins to read

Catizen is a blockchain-based mini-game hub where players manage cats in the MEOWverse, earning rewards through social activities and games on TON and Mantle Network.

Catizen Review: Telegram Cat Breeding Project Goes to Binance Launchpool

Table Of Contents

What is Catizen?
Catizen Gameplay
How to play Catizen?
Tokenomics
Binance Launchpool
Team
Roadmap
Conclusion
FAQs
What makes Catizen unique compared to other blockchain games?
What place will AI Cats take in Catizen?

What is Catizen?

Catizen is a click-to-earn blockchain game in which players raise adorable virtual cats and get rewards through Telegram among other in-game mechanics. Launched in March 2024, it operates on TON and Mantle Networks, creating unique gameplay by which players get airdrop rewards for their contribution in the game.

What will really set Catizen apart, though, is its commitment to social responsibility: the game will donate 1% of all revenues to charitable causes-stray cat rescue programs, specifically. All these combined make Catizen quite distinctive in the increasingly expanding P2E universe.

Catizen Gameplay

Catizen revolves around building an interactive world called MEOWverse, where players care for, manage, and grow their virtual cats. The game’s core mechanics include raising cats, completing quests, and engaging in social interactions to unlock in-game rewards.

Key Gameplay Features:

MEOWverse: Catizen is an open digital MEOWverse. There exist different levels of cats that a player needs to collect and upgrade. Each level of cat is like a certificate that will unlock many opportunities in this game.
Constant Development of Assets: New, premium assets are being released into the ecosystem from time to time by the development team, and mechanisms for making sure the community is constantly entertained with something fresh with rewards are developed.
Earning $CATI: The earning of $CATI does not come directly from gameplay. They are given out through events over airdrops, based on the contributions that the players have in the game. The contribution by the players is seen through activities, frequencies of on-chain interaction, and completion of daily tasks.
Earning and Spending Mechanics: Completing tasks and raising high-level cats ensure rewards in both vKitty Coins and FishCoins. Spending of FishCoins allows acceleration, while higher-denomination tokens in wCATI and xZEN guarantee extra prizes to top players and social channel contributors.

How to play Catizen?

Step 1: Join the game via Telegram: https://t.me/catizenbot/gameapp?startapp=r_424_7397745

Step 2: Raise cats: Start with basic-level cats, then upgrade their abilities by completing daily tasks and participating in community events.

Step 3: Complete tasks and social interactions: Players are encouraged to interact with other players in the game. Social behaviors such as forming alliances, helping others, and completing tasks together are important in airdrop distribution.

Step 4: Earn $CATI Token: As players contribute to the ecosystem through social interactions and in-game tasks, they are eligible to participate in periodic airdrop events. Tokens can be staked, traded, or used to make in-game purchases.

Tokenomics

Token metrics

Ticker: $CATI
Total supply: 1.000.000.000 CATI

Token allocation:

Airdrop and Ecosystem (43%): 34% for Airdrop: Players will receive 15% in the TGE (Token Generation Event) for Season 1 rewards. The remaining 19% will be distributed in subsequent seasons via a quarterly campaign, starting with an initial 9.9 million CATI tokens in Q2. The amount will increase by 10% each quarter until a linear release begins in Q7, with all tokens fully distributed after 12 quarters.
9% for Launchpool: These tokens will be fully available at the TGE.
Liquidity (5%): Full release at the TGE.
Treasury (15%): Only 10% will be released at the TGE, with 12 months followed by a 48-month linear release period.
Team (20%): No tokens are issued at TGE and the 12-month vesting period is followed by a 48-month vesting period.
Investors (10%): Similar to the team allocation, investors have a 12-month vesting period and a linear 48-month vesting period.
Advisors (7%): Tokens are locked with the same vesting schedule as the team and investors.

At TGE, 30.5% of the total supply will be issued, with player airdrops accounting for 15% of that initial supply. This ensures adequate initial liquidity while maintaining long-term sustainable growth for the ecosystem.

Binance Launchpool

Binance has announced that Catizen will be the 59th project in Binance Launchpool. Users can stake BNB or FDUSD to farm CATI from September 16 to 19, 2024. A total supply of 90,000,000 CATI tokens, about 9% of the total supply, will be given out to users. The announcement also mentioned that 85% will go into the BNB pool, while 15% will be allocated to the pool for FDUSD.

Trading of the CATI Token will be available from September 20, 2024, 11:00 UTC. Pairs will include CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY. The first circulating supply is 305,000,000 CATI (~30.5%).

Team

Catizen is developed by Pluto Studio Limited, a game development studio of over 30 developers. The core team brings a wealth of experience in blockchain, AI, and gaming.

David Mak, Co-Founder and CEO

David is the driving force behind Pluto Studio. With extensive experience in both technology and leadership, he has led multiple projects in the technology space, focusing on integrating blockchain and AI into modern gaming.

Ricky Wong, Co-Founder and CFO

Ricky is the financial strategist for Pluto Studio, leveraging his extensive knowledge of blockchain finance and economics to ensure the long-term sustainability of the Catizen economic model.

Tim Wong, President of Catizen Foundation

As President of Catizen Foundation, Tim Wong oversees the strategic vision and long-term goals of the Catizen ecosystem, ensuring alignment with the company’s mission and community values.

Roadmap

Q1 2024

• Official Open Beta of Catizen launched on March 19, 2024.

• Seed round announcement made.

• Announcement of tokenomics and detailed economic structure.

Q2 2024

• Featured at Hong Kong Web3.0 Carnival (TON DAY), recognized by founding members of TON Foundation and TOP Labs.

• Mentioned in Durov & Andrew’s Speech at TOKEN2049.

• Launched the first in-game Launchpool for $wCATI on April 28, 2024.

• Over 170k participants, with 24k in Cats Pool and 147k+ in FishCoin Pool.

• Staked FishCoin worth over $3.9 million USD.

• Featured in Pantera Capital’s blog and TON Foundation’s Innovator Blog Series.

Q3 2024

• Pluto Studio completed a successful fundraising round with investments from Hashkey Capital, TOP, and Binance Labs.

• Ranked 1st place in The Open League Application Battle for three consecutive seasons.

• Launched the Catizen Game Center, featuring multiple mini-games.

• Enhanced AML and on-chain compliance with Elliptic.

• Token launch & airdrop completed.

Q4 2024

• Launchpool & Game Center open to the public.

• Integration of 5 launchpool projects and 20 games into the Catizen Game Center.

Q1 2025

• Launch of task platform and Web3 advertising system.

• AI Cat integration for virtual companions to enhance community interaction.

Q2-Q3 2025

• Full-scale launch of AI Cats feature.

• Expansion of Catizen with over 200+ mini-apps, transforming it into a comprehensive mini-game and social hub.

Conclusion

Catizen is more than just a game; it is a complete ecosystem that combines blockchain, AI, and social responsibility. With its unique MEOWverse and innovative gameplay mechanics, Catizen is quickly becoming a key player in the Play to Earn scene.

CoinCu rates Catizen shows great potential, especially with its expanded tokenomics and integration with platforms like Binance. Although still in its early stages, the game’s rapid community adoption and community focus indicate a bright future ahead.

FAQs

How do I get rewarded with $CATI in Catizen?

Players can get their $CATI tokens by way of airdrop events, according to value created in-game by the players themselves through task completion, social interaction, and staking in the Launchpool.

What makes Catizen unique compared to other blockchain games?

Catizen’s integration with Telegram allows for such a great user experience, its unique MEOWverse structure, and the focus on social and on-chain activity, truly interactive Play-to-Earn. Its charity initiatives help make it very unique.

What place will AI Cats take in Catizen?

This feature, in the future, is expected to allow gamers to have companionship with virtual pets, making it more of a game and social community across MEOWverse.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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