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Home»Exchanges»Secure Your Tokens from July 30, 2024
Exchanges

Secure Your Tokens from July 30, 2024

NBTCBy NBTC29/07/2024No Comments3 Mins Read
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  • Bybit is set to list Catizen (CATI) for pre-market trading on July 30, 2024, providing early access to tokens.
  • The game has a robust user base and has generated $16 million from in-game purchases.
  • Catizen significantly supports animal welfare by donating a portion of its profits to stray cat organizations.

Catizen’s pre-market launch on Bybit offers a unique opportunity for early token acquisition, highlighting the game’s success and commitment to animal welfare.

Catizen Pre-Market Listing: Key Details

On July 29, bybit, a major crypto exchange, announced the listing of Catizen (CATI) on its pre-market platform. Pre-market trading will commence on July 30, 2024, at 8:00 AM UTC, offering users an exclusive chance to obtain CATI tokens before they become available for spot trading. This early access enables users to secure tokens ahead of the broader market, locking in favorable purchase or sale prices.

Significance of Early Access

The introduction of CATI tokens to Bybit’s pre-market platform signifies a major milestone. It provides an opportunity for investors to engage with the token before its full market debut, potentially leading to advantageous positions. This pre-market phase is a strategic move, increasing the project’s visibility and attracting early supporters.

Catizen’s Growing Influence in the Crypto and Gaming Worlds

Catizen, a popular play-to-earn game on Telegram, has seen remarkable growth. With 3 million users, including 1.4 million daily users and 1.6 million on-chain users, the game has established a substantial presence. The Catizen gaming bot on Telegram alone has generated $16 million from in-game purchases, showcasing the game’s financial impact within the industry.

Support for Animal Welfare

One of the standout elements of Catizen is its dedication to supporting stray cats. The platform donates a significant portion of its profits to non-profit organizations focused on animal welfare. According to recent reports, over 50% of its profits are allocated to these causes, merging entertainment with philanthropy in an unprecedented manner.

Game Mechanics and Financial Structure

In Catizen, players take on the role of a mayor in a virtual cat city, where they are responsible for building structures, upgrading infrastructure, and ensuring the well-being of their cat citizens. This city-building game integrates crypto economics, providing a unique and immersive experience. Upcoming features include revenue sharing, token staking, and CATI airdrops for players, further enhancing the game’s appeal.

Token Allocation Strategy

CATI has a total supply of 1 billion tokens. Of these, 43% is reserved for airdrops and the ecosystem, 20% each for the treasury and team, with the remaining 37% allocated for strategies, advisory, seed, and liquidity. This well-planned distribution aims to achieve a balance between rewarding contributors and supporting the game’s long-term growth.

Conclusion

The upcoming launch of CATI on Bybit’s pre-market platform represents a significant achievement, providing early access to tokens before the wider market availability. Catizen’s innovative blend of city-building and crypto-economics has attracted a dedicated user base, generated considerable revenue, and made significant contributions to animal welfare. By donating a large portion of its profits to stray cat organizations, Catizen demonstrates a commitment to positive social impact, solidifying its position as a prominent player in the crypto and gaming sectors.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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