Catizen price

CATI is the governance and utility token for Catizen, a play-to-earn puzzle game mini-app on the Telegram messaging platform. CATI serves multiple purposes within the Catizen ecosystem. Players use CATI to purchase in-game assets, and the token's also used as part of the project's governance process. CATI is also used as the universal currency for the Catizen ecosystem, including its Game Center and Open Task. Meanwhile, holding CATI enables users to participate in the Catizen Launchpool and Stake to Earn opportunities.

How does Catizen work?

Catizen is a unique, cat-themed social entertainment experience on Telegram. It blends playful interactions with the TON blockchain and Mantle, Ethereum's first modular Layer-2 system designed to scale the network. Catizen aims to simplify Web3 access and lower the barriers to mobile payments, transforming the way users engage with decentralized technologies.

Building on Telegram’s massive user base, Catizen intends to become a hub for Web3 activities, combining a mini-app center with Launchpool and an Open Task platform. The project has set out to gamify the attention economy and adopt decentralized value realization, creating an ecosystem where users can enjoy engaging, fun, and rewarding experiences.

The Catizen ecosystem will reportedly grow from its Telegram foundation to support multiple chains and platforms. Alongside the privacy and freedom of speech enabled by Telegram, Catizen prioritizes compliance and safety in gaming, to protect the platform and its users from misuse.

A closer look at Catizen's technical foundation

As a Telegram mini-app, Catizen is built on the TON blockchain, known for its speed, scalability, and security thanks to its multi-layered architecture and Proof of Stake consensus mechanism. Catizen also integrates the Mantle network, a pioneering technology that uses Optimistic Rollups to accelerate Ethereum transactions and reduce gas fees. Although Catizen has yet to launch onchain digital assets, it currently supports the purchase of in-game assets using Telegram Stars, USDT, TON, NOT, and MNT.

Catizen has stated its ambition to help onboard more Web2 users to Web3 through its technologies, which help to create a smooth and engaging transition to the new iteration of the internet.

About the Catizen founders

Catizen was published by Pluto Studio Limited, a technology-focused game studio with a team of more than 30 developers. Pluto Studio Limited also provides more than 200 mini games and technical support for the Catizen Game Center.

CATI price and tokenomics

CATI has a total supply of 1 billion, which the team says will never be increased. The majority of CATI tokens (43%) are allocated to an airdrop and the Catizen Launchpool, with the remaining tokens distributed across the project treasury (15%), team (20%), investors (10%), and advisors (7%). According to the Catizen whitepaper, holders who stake their CATI tokens can earn rewards such as third-party utility tokens or in-game virtual rewards, through the Launchpool and task center.