The eagerly awaited launch of the token for the famous Telegram project Catizen (CATI) is scheduled for September 20.
According to the official announcement from the exchange platform, spot trading of CATI on OKX will commence on September 20 at 10:00 UTC. Here’s everything you need to know about the Catizen token launch ahead of its listing.
Catizen on OKX and Additional Exchanges
CATI deposits became available on September 9. On the listing day, a call auction will take place from 9:00 to 10:00 UTC (12:00 to 13:00 Kyiv/Moscow). Subsequently, spot trading of the token will begin in pairs with the stablecoin Tether (USDT).
Prior to the official listing on crypto exchanges, the Catizen team has opened pre-markets on platforms such as Bybit, Bitget, and KuCoin. Additionally, the Hong Kong-based platform HashKey Global, which formed a partnership with the project in August, has announced the commencement of trading for the CATI coin.
The game’s team has previously confirmed that the CATI launch will occur on September 20. However, it remains unclear whether the project will distribute tokens to community members on the launch day or at a later date.
Catizen Airdrop
As stated in the project’s whitepaper, the total supply of CATI will be 1 billion coins. The allocation will be as follows:
- 43% will be released into circulation for ecosystem development;
- 20% will be allocated to the Catizen treasury;
- 20% designated for the team;
- 8% for early investors;
- 4% set aside for liquidity provision;
- 3% reserved for strategic partners;
- 2% for advisors.
Initially, the Catizen team aimed to allocate 35% of the total CATI supply for community rewards. However, they later increased this figure to 43%.
How to Join the Catizen Token Distribution
To take part in the Catizen airdrop, players must first enter the game. They need to complete tasks, upgrade their cities, and engage in community activities, earning in-game currencies – Fish and vKitty. These assets can then be exchanged for CATI.
You can boost your rewards by:
- Completing daily missions and tasks;
- Inviting friends to the game;
- Participating in in-game events.
Read more: How To Qualify for the Potential Catizen Airdrop
Staying updated on Catizen news is also crucial. You can do this through the project’s social media channels. Before the token launch, developers might unveil special bonuses or promotions that provide opportunities for additional rewards.
Understanding Catizen
Catizen is a well-regarded Web3 project functioning as a mini-application within Telegram. Within a few months, the game has attracted over 34 million users and generated approximately $26 million from in-game purchases.
What sets Catizen apart from other similar Telegram projects is its unique mechanics. Instead of merely “tapping” on the screen to earn coins, players in this game manage a cat café. Visitors come to your establishment to interact with cats, and in exchange, you earn money.
Read more: How to Play Catizen: A Step-by-Step Guide
According to the project’s team, 1% of Catizen’s revenue will be donated to charitable organizations. In August, developers donated to the non-profit organization “People for the Ethical Treatment of Animals” (PETA), which works to rescue homeless cats. This decision, however, faced backlash from the community.
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