Altcoins

Catizen’s CATI Token Debuts, Air War and Merge Restaurant Launch

After a successful CATI token launch on major exchanges Friday, with airdrop rewards going out to recipients, Catizen has now officially introduced two new ecosystem applications: Air War and Merge Restaurant. These innovative products aim to further amplify entertainment interactivity within the Catizen ecosystem.

Catizen’s Entry into Crypto Trading Market

Catizen offers users a simple and engaging way to earn CATI tokens through its Telegram-based game. Its native token commenced trading on centralized exchanges yesterday, September 20.

The CATI token has a total supply of 1 billion tokens, with an initial airdrop of 150 million CATI tokens distributed as part of Season 1. Following the launch, 300.5 million CATI tokens are now in circulation, and users have staked 15 million tokens on various exchanges.

Even though some were unhappy about the reduction of the Binance Launchpool allocation to 9%, more than 1 million users have claimed their tokens.

Game’s Success and How it Works

Catizen has experienced impressive engagement, boasting 8 million daily active users and over 39 million on-chain interactions. The platform’s revenue has reached $31 million, indicating strong community support.

In the game, players level up virtual cats to earn in-game currency, which can be exchanged for CATI tokens. The premium currency, Fishcoin, is used for in-game perks and boosters, making the game even better.

Future airdrop distributions will occur quarterly, starting with 9.9 million CATI in the second quarter and increasing by 10% each subsequent quarter.

Catizen Sets To Launch Two New Games

Catizen has also revealed two new games, Air War and Merge Restaurant as announced earlier today on X. Air War immerses players in intense aerial combat, featuring various fighter skins and unique gameplay elements. Players can engage in dynamic battles and earn rewards as they defeat bosses and complete missions.

On the other hand, Merge Restaurant invites players to help Mina revive her mentor’s restaurant by merging items to create new decor and dishes. This narrative-driven game combines culinary challenges with engaging storylines, enhancing the overall player experience.

Catizen proudly presents Air War & Merge Restaurant, to be part of the Catizen Game Center! 🎉🌌

🚁 Air War – with a rich fighter model, and excellent game experience. There are fierce air combat confrontations in the game universe, a variety of fighter skins can unlock… pic.twitter.com/YuarL3m0D1

— Catizen (@CatizenAI) September 21, 2024

What’s Next for Catizen?

As Catizen continues to expand its offerings, it aims to strengthen its position in the gaming and cryptocurrency markets. Analysts predict the CATI token could reach between $5 to $10 before this year ends. Currently, the token is valued at around $0.9531.

With these new developments, Catizen is ready to attract even more interest and participation from both gamers and crypto enthusiasts.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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