Airdrop News - Catizen Plans Airdrop Value $500 Mn
- Catizen's airdrop is set to reward 5 million users with $500 million worth of CATI tokens by the end of August
- Token allocation for the airdrop increased to 43%, aiming to engage and attract new players
- The CATI token is already trading on Bybit, Bitget, and Gate.io, with exciting updates expected at The Open Summit
Catizen ($CATI) Airdrop News Reveals Ambitious $500 Mn Airdrop Plan
Catizen is creating headlines in both the gaming and cryptocurrency communities with its planned airdrop. This play-to-earn game on The Open Network (TON), available directly on Telegram, has attracted over 11 million users. Catizen is on target to reach 300 million active users and has the potential for major growth.
Catizen Airdrop and the Expansion Plan
David Mark, Catizen's founder and CEO, has announced a big change. The game will soon move from its current Telegram bot setup to the new Catizen Game Center. This shift will bring new features and improvements.
Along with this move, CoinGabbar believes, a Catizen airdrop is expected at the end of August worth $500 Mn. This comes after the announcement made by Hamster Kombat regarding its criteria update for allocation of points to users making them eligible for HMSTR airdrop. User concerns have raised a lot of questions, with some wondering if the catizen airdrop will be genuine and if it’s worth participating in.
The airdrop will feature the $CATI token, with a total supply of 1 billion tokens. The distribution plan is as follows:-
Airdrop / Ecosystem: 43%
Catizen Treasury: 20%
Catizen Team: 20%
Seed Round Funders: 8%
Liquidity Reserves: 4%
Strategic Round Funders: 3%
Advisors: 2%
Citizen Airdrop Value & Reason to Increase Airdrop Token Allocation
Originally, 35% of the CATI tokens were set aside for the airdrop. This amount has now been increased to 43%, aiming to better reward active players and attract new users. This move is in line with the current trend of offering larger airdrops to keep players engaged and draw in more participants.
Catizen has increased the airdrop allocation to incentivise the users, retain them and keep them engaged with the game & upcoming gaming center. Catizen has allotted 43% of the total supply that is 430 Mn Tokens for the users, which will be distributed to 5 Mn users, and is expected that Catizen Airdrop value will be $500 Mn.
Trading and Event Updates
The $CATI token has started pre-market trading on bybit, bitget, and gate.io. These early trading opportunities allow users to get a head start before the token is officially listed on the spot market.
David Mark is also attending The Open Summit in Taipei from August 6-8. During this event, he’s expected to announce exciting updates, including the launch of over 200 mini-games and enhancements to the Catizen Game Center. There’s a good chance that more details about the airdrop will be shared during the summit.
About Catizen?
Catizen is more than just a cat-themed game; it’s a growing Web3 platform. The game lets you care for virtual cats in a cat café, earning vKITTY coins. These coins can be converted into $CATI tokens, which are expected to be a part of the airdrop.
Catizen ($CATI) Looking Ahead
The CATI token will be used in several ways:
Catizen Launchpool
Game Center and Trading Bot
Short Video Platform
Open Task Center
E-Commerce Platform
The total supply of 1 billion $CATI tokens will be distributed as mentioned above. The increase in airdrop allocation to 43% reflects Catizen’s commitment to rewarding its community.
How to Qualify for the CATI Airdrop
To qualify for the CATI airdrop, follow these steps:
Play the Game - Engage with Catizen and earn vKITTY coins.
Level Up Cats - Combine and upgrade your virtual cats.
Connect a TON Wallet - Link your TON wallet to your Catizen account using options like Tonkeeper or the @Wallet in Telegram.
Complete Tasks - Participate in quests and daily check-ins to earn more vKITTY. Rewards range from 5 to 300 coins, with additional bonuses for Telegram Premium users.
Converting and Withdrawing Catizen Coins
Here’s how to manage your in-game earnings:
Link Your TON Wallet - Ensure it’s connected to your Catizen account.
Convert Coins to Tokens - Follow the game’s steps to convert vKITTY into CATI tokens.
Withdraw Tokens - Use a TON-based wallet like Tonkeeper to manage and withdraw your CATI tokens. Be prepared for minimal gas fees.
Selling Tokens - Once CATI is listed on exchanges, you can sell it directly. Stay informed about the listing process to make the most of any price changes.
Catizen Airdrop Sure Shot Win for Users
Catizen Airdrop distribution aims for 5 Mn active users and with 11 Mn existing users only, every second user will get the airdrop. Including a large user base for airdrop allocation, a strategy to retain & engage users is definitely going to increase the chances of the token allocation. The expected Catizen Airdrop value will be approx $500 Mn.
Catizen’s airdrop is a fantastic chance for players to turn their in-game achievements into real-world value. As the expected airdrop approaches in end of August, keep an eye out for further announcements. This is a great time to dive into Catizen, accumulate coins, and prepare for this exciting event!
Also read – Hamster Kombat News On Real User: The Truth Behind 300M User
