Catizen provides players with the opportunity to earn rewards by interacting with the game, primarily through a roulette game where users spin a wheel to win different types of rewards.
Highlights
- CATIZEN launched Zircuit, an AI-powered layer 2 blockchain with a $2 billion TVL, backed by Binance Labs.
- The Launchpool event will feature 8,333,333 ZRC rewards worth $1.5 million, with 85% going to CATI stakers.
- CATI token rose 32% to $0.7316 after being listed on Binance, OKX, Bybit and other exchanges.
CATIZEN announced the launch of its first Launchpool project, Zircuit (ZRC). Zircuit is an AI-based zero-knowledge layer 2 blockchain that is fully compatible with the Ethereum Virtual Machine (EVM). Using AI, we strengthen sequencer-level security to block malicious transactions in real time.
With the support of Binance Labs, Zircuit has amassed a total value locked (TVL) of $2 billion. We recently introduced a liquidity hub to encourage early adopters and stakers. The Launchpool event allows CATI token holders and CATIZEN players to earn ZRC rewards by staking tokens or level 300+ cat game assets.
Starting at 08:30 (UTC+8) on October 28, 2024, participants can participate in a 7-day staking event through CATIZEN BOT. Participating participants will be offered lucrative incentives to drive community engagement and support Zircuit’s innovative security model.
Exciting Monetization Opportunities for CATI Holders
The Launchpool event will reward 8,333,333 ZRC, worth a total of $1.5 million. The CATI token staking pool will allocate 85% of the rewards, or $1,275,000, as ZRC. Participants can stake from a minimum of 1 CATI to a maximum of 2000 CATI, and rewards are settled every hour based on their stake.
The game asset staking pool allocates 15% of the rewards as ZRC, for a total of $225,000. Only cats above level 300 can stake, and rewards are calculated per hour by converting the cat level into USD. ZRC token valuation references real-time data from CoinGecko.
Previously, on September 13, Binance announced the launch of Catizen, a Telegram game based on the TON public chain using $CATI tokens, the 59th new coin mining project on Launchpool. Starting September 16th, users can participate in four days of new coin mining activity by investing BNB and FDUSD into the Catizen mining pool.
Catizen’s Roadmap and Recent Developments
Catizen provides players with the opportunity to earn rewards by interacting with the game, primarily through a roulette game where users spin a wheel to win different types of rewards. Last June, Catizen revealed its roadmap for the next 12 months, including launching gaming tokens, introducing staking and mining activities, launching more games, and expanding its user base.
Last August, Catizen launched a mini-game center to begin releasing 18 popular games as part of its roadmap. Officials said the move will improve playability, expand the gaming ecosystem and improve Catizen’s commercial environment. CATI airdrop and staking were also launched simultaneously.
On September 14th, Catizen took an airdrop snapshot to allow users to check the CATI airdrop amount. Staking and deposit activities have begun with staking enabled on exchanges such as Bitget, Gate.io, Kucoin, MEXC, and HashKey.
CATI Token Performance and Market List
In addition to being listed on Binance, CATI tokens were also listed on several mainstream cryptocurrency exchanges such as OKX and Bybit on September 20th. Thanks to support from Binance Launchpool, CATI tokens increased by 32 in pre-market price. % to $0.7316.
Details about CATI tokens include a maximum supply of 1,000,000,000 CATI and a total mined volume of 90,000,000 CATI, which is equivalent to 9% of the maximum token supply. When listed on Binance, the initial circulating supply was 305,000,000 CATI, which is approximately 30.5% of the total token supply.
Catizen continues to make progress in expanding its ecosystem and user engagement. The launch of Zircuit Launchpool provides an exciting opportunity for the community to participate in the growth of an innovative platform.
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With over 3 years of cryptocurrency writing experience, Bena is committed to making cryptocurrency, blockchain, Web3, and fintech accessible to everyone. Aside from cryptocurrency, Bena enjoys reading books in her free time.
