Exploring CATI (Catizon): Market Expectations and Future Performance

I. Project introduction

 

Catizen is an innovative game project based on the TON (The Open Network) ecosystem, combining metaverse, GameFi, and artificial intelligence technology. It mainly interacts with games through the Telegram platform and adopts the "Play Earn Airdrop" model, allowing players to earn future airdrop rewards in the game.

 

The specific gameplay is for players to operate a cat pet store. Customers will pay gold coins as a reward after stroking cats, which can be used to purchase new cats. Two cats of the same level can be combined into a new breed, and their level will also be one level higher than the original. The player's task is to synthesize higher-level cats and earn more gold coins.

 

II. Project highlights

 

1. Innovative game mode: Catizen combines metaverse, GameFi and artificial intelligence technologies to launch the revolutionary Play2Airdrop mode, allowing players to earn future airdrop rewards in the game. This mode not only gives players fun in the game, but also grasps the key to player retention - the additional benefits of the game.

 

2. Strong user base: The game has over 26 million players on Telegram, the number of on-chain users has exceeded 1.50 million, and has earned $16 million through in-app purchases.

 

3. Launchpool mode: In Catizen games, players are incentivized to stake game assets through the Launchpool mode to earn in-game points of $wCATI. This mode further enhances player engagement and loyalty through rewards and incentives.

 

4. Platform integration: Utilizing Telegram's extensive user base, provide seamless gaming and trading experiences through Telegram game robots, making it convenient for users to directly play and trade on Telegram.

 

III. Market value expectations

 

In just a few months, the Catizen community has developed over 25 million players, 1.50 million on-chain gamers, and over 500,000 paying users worldwide. The game has also dominated the TON blockchain ecosystem, ranking first in the Open League app rankings for three consecutive seasons. Recently, the founder of Telegram stated that Catizen has over 26 million players who have earned $16 million through in-app purchases. Binance Labs has also invested in Catizen's publishing platform, Pluto Studio.

 

Game users/income/Bn investment have all brought huge market value expectations to Catizen. Coupled with the previous similar NOTCOIN, which directly connected to multiple exchanges with its own traffic, even after several days of pullback, the current circulating market value is still 1.448 billion US dollars, ranking 57th in the market value. Catizen far exceeds NOTCOIN in terms of its own fundamentals, market expectations, and fund attention. It is expected that the after-market value after the launch will catch up with or surpass NOTCOIN after bearing the pressure of airdrops.

 

IV. Economic model

 

The total amount of CATI tokens is one billion. According to the project white paper, the tokens have multiple uses within the platform, including using them as in-game currency to purchase and upgrade items, staking to obtain rewards, participating in Platform Governance, using them as payment methods for e-commerce platforms, and obtaining rewards by completing tasks and advertising campaigns. These features make CATI tokens play an important role in the Catizen ecosystem, enhancing user interactivity and participation.

 

The specific distribution of tokens is as follows:

 

Airdrop: 43%, or 430 million

 

Treasury: 20%, or 200 million

 

Seed round: 8%, or 80 million

 

Strategic round: 3%, or 30 million

 

Liquidity: 4%, or 40 million

 

Team: 20%, or 200 million pieces

 

Consultants: 2%, or 20 million

 

V. Team and financing

 

Catizen's core team includes co-founder and CEO David Mak, co-founder and CMO Ka Hong, co-founder Jun Zhu, and CPO Stanislav Bulaev.

 

Catizen completed its seed round financing on June 19, 2023, raising $2.20 million from investors including Mask Network, Mirana Ventures, Taisu Ventures, y2z Ventures, Moon Capital, Huofeng Capital, and SecondLive.

 

On July 16, 2024, Catizen completed a strategic financing round, raising $4 million led by HashKey Capital and The Open Platform.

 

In addition, Catizen received another strategic investment from Binance Labs on July 24, 2024.

 

VI. Risk Warning

 

1. As a project based on blockchain technology, Catizen may be affected by technical vulnerabilities, hacker attacks, and other security issues.

 

2. The competition in the GameFi field is intense, and Catizen needs to constantly innovate and enhance its competitiveness to meet the challenges from other projects.

 

VII. Official links

 

Website： https://catizen.ai/

 

Twitter： https://x.com/CatizenAI

 

Telegram： https://t.co/bgvMLCDjEp