What You Need to Know About the Catizen Airdrop and How to Get Unique CATI Tokens
The highly anticipated launch of the unique token for the revolutionary Telegram project Catizen (CATI) will occur on September 20.
The official announcement from the exchange platform states that spot trading of CATI on OKX will commence on September 20 at 10:00 UTC. Here’s what you need to know about the Catizen token launch before its listing.
Catizen on OKX and Other Exchanges
CATI deposits have been available since September 9. On the listing day, a call auction will take place between 9:00 and 10:00 UTC (12:00 to 13:00 Kyiv/Moscow time). Following that, spot trading of the token will open in pairs with the stablecoin Tether (USDT).
Prior to its official listing on various crypto exchanges, the Catizen team has already opened pre-markets on prominent platforms like Bybit, Bitget, and KuCoin. Additionally, HashKey Global, a Hong Kong-based platform that partnered with the project in August this year, has announced the commencement of trading for the unique CATI coin.
While the game’s team previously confirmed that the CATI launch would occur on September 20, it remains uncertain whether the project will distribute tokens to community members on the same day or at a later time.
Catizen Airdrop
According to the project’s whitepaper, the total supply of CATI will amount to 1 billion coins. The distribution will be as follows:
- 43% will be released into circulation and directed towards ecosystem development;
- 20% will go to the Catizen treasury;
- 20% will be allocated to the team;
- 8% will be distributed to early investors;
- 4% will be allocated for liquidity provision;
- 3% will be reserved for strategic partners;
- 2% will go to advisors.
Initially, the Catizen team had planned to allocate 35% of the total CATI supply as community rewards. However, this figure has since been increased to 43%.
How to Participate in the Catizen Token Distribution
To participate in the unique Catizen airdrop, players must first enter the game. By completing tasks, upgrading their cities, and engaging in community activities, players earn in-game currencies – Fish and vKitty, both of which can be later converted into CATI tokens.
The following actions can increase the amount of rewards:
- Completing daily tasks and missions;
- Inviting friends to join the game;
- Participating in in-game events.
Read more: How To Qualify for the Potential Catizen Airdrop
It is also crucial to stay updated on Catizen news, which can be done through the project’s social media channels. Prior to the token launch, the developers may announce special bonuses or promotions that provide opportunities to earn additional rewards.
Catizen Explained
Catizen is a prominent Web3 project that functions as a mini-application within Telegram. Within a few months, the game has amassed over 34 million users and generated around $26 million from in-game purchases.
Setting itself apart from other similar Telegram projects, Catizen exhibits unique mechanics. Instead of simply tapping on the screen to earn coins, players manage a cat café. Visitors come to your establishment to spend quality time with cats, and in turn, you earn money.
Read more: How to Play Catizen: A Step-by-Step Guide
According to the project team, 1% of Catizen’s revenue will be donated to charity funds. In August, the developers already donated funds to the non-profit organization “People for the Ethical Treatment of Animals” (PETA), which focuses on rescuing homeless cats. Nevertheless, this decision was met with criticism from the community.