Catizen (CATI), a popular Telegram project, is set to launch its token on September 20th.
According to the official announcement from the exchange platform, spot trading of CATI on OKX will start at 10:00 UTC on September 20th. Here’s what you need to know about the Catizen token launch ahead of the listing:
Catizen on OKX and other exchanges
CATI deposits will be available on September 9. On the day of listing, a call auction will be held at 9:00-10:00 UTC (12:00-13:00 Kiev/Moscow). After that, spot trading of the token will start paired with the stablecoin Tether (USDT).
Before the official listing on cryptocurrency exchanges, the Catizen team has already opened a pre-market on platforms such as Bybit, Bitget, and KuCoin. Earlier this August, Hong Kong-based platform HashKey Global, which collaborated with the project, announced the start of trading of CATI coins.
The game team previously confirmed that the CATI launch would take place on September 20. However, it is unclear whether the project will distribute tokens to community members on the same day or later.
Katizen Airdrop
According to the project white paper, the total supply of CATI is 1 billion coins. The distribution is as follows:
- 43% is invested in distribution and used for ecosystem development.
- 20% goes into the Cartizen Vault.
- 20% to the team,
- 8% for early investors
- 4% allocated to liquidity provision
- 3% reserved for strategic partners
- 2% applies to advisors.
Initially, the Catizen team planned to allocate 35% of the total CATI supply as community rewards, but later increased this figure to 43%.
How to participate in Catizen token distribution
To participate in the Catizen airdrop, you must first join the game. Players must complete tasks, upgrade their cities, and participate in community activities. For this, players will earn in-game currencies called Fish and vKitty. These assets can later be converted into CATI.
You can increase your reward amount in the following ways:
- Complete daily tasks and missions
- Invite friends to the game;
- Participate in in-game events.
Learn more: How to qualify for a potential Catizen Airdrop
It is also important to follow Catizen updates. For example, you can do this through the project’s social media channels. Before the token launch, developers may announce special bonuses or promotions that provide the opportunity to earn additional rewards.
Catizin explain
Catizen is a popular Web3 project that runs as a mini-application within Telegram. In just a few months, the game has attracted over 34 million users and generated about $26 million in in-game purchases.
Unlike other similar Telegram projects, Catizen stands out with its unique mechanics. Instead of simply “tapping” the screen to earn coins, the game involves managing a cat cafe. Visitors come to your establishment to spend time with cats, and in return, you earn money.
Read more: How to Play Catizen: Step-by-Step Guide
According to the project team, 1% of Catizen’s revenue will be donated to charity. In August, the developers already donated funds to PETA (People for the Ethical Treatment of Animals), a non-profit organization that rescues homeless cats. However, this decision was met with criticism from the community.
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