On August 22, 2024, Catizen made a major stride in the gaming industry with the official launch of its Game Center. This new platform is a significant upgrade from the previous Catizen Gaming Bot, offering an expanded and enhanced experience for players.
The Game Center will host 18 popular games, all of which were previously featured in the Catizen roadmap. These games, already well-established on various web2 platforms, are now integrated into the Catizen ecosystem, bridging the gap between web2 and web3 gaming.
The Catizen Game Center is more than just an update—it's a comprehensive enhancement of the platform's playability and ecosystem. Unlike newer platforms that require development from scratch, Catizen’s Game Center integrates games that already have a built-in user base, boasting millions of players through In-App Purchases (IAP) and In-App Advertising (IAA) models. This move is expected to attract a new wave of active players, boosting the web3 ecosystem’s growth.
Catizen has already shown promising results, achieving a 7% conversion rate of web3 users through its IAP and IAA business models. With the launch of the Game Center, Catizen aims to further increase this rate, drawing in more high-quality users.
The platform's comprehensive business model, which includes profit-sharing and staking rewards, is designed to appeal to a broader audience.
One of the standout features of the Game Center is its revenue-sharing model. Users will have the opportunity to share in the platform’s profits, receiving full earnings from in-house games and 30% of the revenue from third-party games.
Additionally, users who stake CATI tokens will benefit from further airdrops, which are expected to increase the value of the CATI token and strengthen the Catizen ecosystem.
The Game Center also sets the stage for a large-scale $CATI token airdrop, anticipated to involve nearly 30 million users. By introducing the utility of the CATI token in advance, Catizen aims to stabilize its value and build a strong user consensus.
In addition to the Game Center, Catizen has plans to introduce on-chain trading products, starting with an options protocol that allows users to buy 1 Bitcoin for $10. Scheduled for launch in Q3 2024, this product will generate revenue used to buy back CATI tokens, further driving their value.
Despite a slight delay, the highly anticipated $CATI token airdrop remains a significant opportunity for players. The airdrop, initially planned for July 2024, has been postponed to ensure optimal conditions for its launch, including major exchange listings and sufficient liquidity.
Catizen’s Game Center launch marks a momentous milestone in the platform’s development, showing users an enhanced gaming experience while integrating web2 and web3 elements. With its innovative revenue-sharing model, upcoming $CATI token airdrop, and future on-chain trading products, Catizen is poised to attract more users and collaborations, ensuring its continued success and expansion in the gaming industry.
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