Catizen, a prominent Web3 social entertainment platform, continues to make waves in the Telegram ecosystem. Recently featured on the TON Blockchain, Catizen has completed Phases 1 and 2 preparations and is now gearing up for Phase 3.
In a July 31 post, the platform shared details on its future plans, community engagement, and token utility scenario.
Source: X
The platform boasts a high-quality community base, having secured first place in the TON Open League for three consecutive seasons. Its on-chain data and activity levels are unmatched among other mini-apps in the TON ecosystem, making it a standout performer in the crypto space.
The platform has maintained a 7% user conversion rate of on-chain users and a higher-than-average ARPU since the introduction of the Catizen Bot. With over 5 million Telegram Premium users, over 40% (2 million+) are members of the Catizen community, showcasing its significant reach and engagement.
Its innovative business model combines In-App Blockchain (IAB) and In-App Purchase (IAP) models, converting a large user base into high-quality users.
Looking ahead, Catizen plans to launch a Mini-Game Center and Launchpool, providing additional incentives and engagement opportunities for CATI holders. The platform's ecosystem is expanding, with Pluto Vision Labs contracting 18 games to create a thriving Catizen Gaming Universe centered around the CATI token.
By integrating gaming with DeFi principles, the project aims to optimize the value-capturing function of the CATI token and ensure its longevity. In response to community feedback, the platform is addressing the Catizen airdrop delay and emphasizing its commitment to long-term benefits and sustainable development for its community members.
They are diligently preparing for a successful airdrop by partnering with leading exchanges, ensuring ample liquidity, and establishing a fair listing price. They are also taking compliance and market sentiment into account.
At the Catizen TGE, seed investors, advisors, and the team will not receive any CATI tokens immediately. Instead, these tokens will be subject to a four-year vesting schedule, starting after an initial 12-month lock-up period.
With 26 million players and $16 million earned from in-app purchases, the platform continues to grow, dedicating $160,000 to rescuing stray cats.
Catizen's strategic initiatives and strong community engagement have solidified its position in the Web3 space. With a growing user base, innovative business model, and Catizen future plans centered around the CATI token, the project is poised for continued success and impact.
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