The much-anticipated launch of the token for the popular Telegram project Catizen (CATI) will take place on September 20.
Spot trading of CATI on OKX will begin on September 20 at 10:00 UTC, according to the official announcement from the exchange platform. Here’s what you need to know about the Catizen token launch ahead of its listing.
Catizen on OKX and Other Exchanges
CATI deposits became available on September 9. On the listing day, a call auction will take place from 9:00 to 10:00 UTC (12:00 to 13:00 Kyiv/Moscow). After that, spot trading of the token will open in pairs with the stablecoin Tether (USDT).
Ahead of the official listing on crypto exchanges, the Catizen team has already opened pre-markets on platforms such as Bybit, Bitget, and KuCoin. Earlier, the Hong Kong-based platform HashKey Global, which partnered with the project in August this year, announced the start of trading for the CATI coin.
The game’s team previously confirmed that the CATI launch would take place on September 20. However, it remains unclear whether the project will distribute tokens to community members on the same day or at a later time.
Catizen Airdrop
According to the project’s whitepaper, the total supply of CATI will be 1 billion coins. The distribution will be as follows:
- 43% will be released into circulation and directed toward ecosystem development;
- 20% will go to the Catizen treasury;
- 20% for the team;
- 8% for early investors;
- 4% allocated for liquidity provision;
- 3% reserved for strategic partners;
- 2% for advisors.
Initially, the Catizen team planned to allocate 35% of the total CATI supply as community rewards. However, they later increased this figure to 43%.
How to Participate in the Catizen Token Distribution
To participate in the Catizen airdrop, you must first enter the game. Players need to complete tasks, upgrade their cities, and engage in community activities. For this, players earn in-game currencies – Fish and vKitty. These assets can later be converted into CATI.
You can increase the amount of your rewards in the following ways:
- Completing daily tasks and missions;
- Inviting friends to the game;
- Participating in in-game events.
Read more: How To Qualify for the Potential Catizen Airdrop
It is also important to follow Catizen updates. You can do this, for example, through the project’s social media channels. Ahead of the token launch, the developers may announce special bonuses or promotions that offer opportunities to earn additional rewards.
Catizen Explained
Catizen is a popular Web3 project operating as a mini-application within Telegram. In just a few months, the game has attracted over 34 million users and generated around $26 million from in-game purchases.
Unlike other similar Telegram projects, Catizen stands out with its unique mechanics. Instead of simply “tapping” on the screen to earn coins, in this game, players manage a cat café. Visitors come to your establishment to spend time with cats, and in return, you earn money.
Read more: How to Play Catizen: A Step-by-Step Guide
According to the project’s team, 1% of Catizen’s revenue will be donated to charity funds. In August, the developers already donated funds to the non-profit organization “People for the Ethical Treatment of Animals” (PETA), which works to rescue homeless cats. However, this decision faced criticism from the community.
