Catizen’s $CATI Token Listed on Multiple Exchanges

admin6 hours ago

Singapore, Singapore, September 20, 2024, Chainwire

Catizen, Mantle’s flagship game, has officially launched its $CATI token on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget. Catizen, the most profitable mini-game on Telegram, seamlessly integrates Telegram with The Open Network/TON (L1) and Mantle Network (L2). $CATI, the universal token of the Catizen ecosystem, is issued by both TON and Mantle. It can be used in the Mini App Center and Open Tasks, giving users the opportunity to participate in Launchpool “Stake to Earn”, further promoting the development of the entire game ecosystem.

$CATI tokens exist in parallel on TON and Mantle, with a maximum supply of 1 billion tokens each. However, the actual total supply on both blockchains is maintained at 1 billion via a locking mechanism. Currently, cross-chain transfers of $CATI can be performed via the Bybit exchange. The balance between the two chains is maintained via mutual locking contracts. For example, if Catizen airdrops 10 million $CATI to Mantle game users, 990 million of the 1 billion $CATI on the Mantle Network will be locked into a locking contract, and 10 million of the 1 billion $CATI on TON will be locked into a locking contract, limiting the total circulation of both chains to 1 billion.

Since receiving a major investment from Mantle EcoFund in February 2023, Catizen, developed by Pluto Studio, has skyrocketed in popularity to become one of the most successful blockchain games worldwide with over 36 million players. Catizen’s success can be reflected in the following impressive metrics:

Generate over $30 million in revenue in just 6 months
Over 7 million daily active users (DAU)
3 million on-chain users, 600,000 of which are on the Mantle blockchain.
1 million+ paying users, $27 average revenue per paying user (ARPPU), $27 million total revenue
Over 1 million MNT and 40 million $FISH tokens will be rewarded exclusively to Mantle Catizen users.
High-quality transactions: Users bind their wallets, sign contracts, and pay gas fees in MNT or TON for each transaction. More than half of the wallets have at least $10 worth of assets.

Catizen has demonstrated an unparalleled ability to onboard users to Web3 at scale by offering exclusive benefits through Mantle and TON, and is leading the next generation of Web3 gaming economies.

For more information:

Catizen on Mantle stats: https://dune.com/hashed_official/catizen-mantle

$CATI Airdrop Details: https://x.com/CatizenAI/status/1833554571219898749

About the mantle

The Mantle Ecosystem is comprised of an Ethereum Layer 2 (L2) — the Mantle Network, a decentralized autonomous organization (DAO) — Mantle Governance, one of the largest on-chain treasuries — the Mantle Treasury, and an Ether (ETH) liquid staking protocol — Mantle LSP, all built on Ethereum. The Mantle token ($MNT) is the integrated product and governance token of the ecosystem.

Mantle’s first core product is the Mantle Network, an Ethereum L2. The Mantle Network strives to be compatible with the Ethereum Virtual Machine (EVM). The Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules. Modules can be individually upgraded and adopt the latest innovations. The Mantle Network is the first L2 to partner with the ETH re-staking protocol EigenLayer for its data availability module. By adopting a rollup architecture, the Mantle Network is secured by Ethereum. The Mantle Network, an L2 derived from the world’s first DAO, is pioneering a vision for mass adoption of token governance technology. The current mainnet version, Mantle Network Mainnet v2 Tectonic (Mantle v2 Tectonic), was launched on March 15, 2024.

Mantle Network’s infrastructure is meticulously designed to handle the demands of the Web3 game stack, enabling the creation of connected, expansive game worlds where assets have real-world value beyond a single game ecosystem. Mantle Network’s expertise and ecosystem of resources, closely intertwined with Mantle initiatives like Hyperplay, facilitate a streamlined process for developers to build and deploy game projects.

To support the next generation of innovators, builders, and developers, Mantle is growing the ecosystem through the Mantle Grants Program and the Mantle EcoFund, a $200 million accelerating capital pool. Mantle’s Showcase Apps program provides additional support and exposure to ecosystem projects in categories such as real-world assets (RWAs).

For more information, readers are encouraged to visit the following sites:

Introduction of Katizen

Catizen is a revolutionary gaming bot on Telegram, a messaging app that seamlessly integrates with multiple blockchains, including TON and Mantle Network. It redefines the Web 3.0 experience by enabling mobile payments with cryptocurrencies and fiat currencies. Leveraging Telegram’s massive user base, Catizen aims to create a Web 3.0 traffic hub of unprecedented scale.

Catizen is also evolving into a Mini-app Center that integrates the features of the launchpool platform such as early access to new projects, token-based activities, trading functionality, short videos and e-commerce functionality. This innovative approach is transforming the way users access and participate in the Web 3.0 ecosystem by attracting and engaging users through gamification and strategic Play-to-Airdrop initiatives.

For more information, readers are encouraged to visit the following sites:

X | Official Website | Telegram | Telegram Chat | Bot