Launch of $CATI Token Enhances Catizen's Role in Gaming
Today, Mantle proudly announces the launch of Catizen, its flagship game, alongside the $CATI token, now available on major exchanges such as Binance, OKX, Bybit, Gate.io, and Bitget. Catizen stands out as one of the top mini-games on Telegram, creatively integrating the messaging platform with The Open Network / TON (Layer 1) and Mantle Network (Layer 2). The $CATI token functions as the central currency within the Catizen ecosystem, enabling users to immerse themselves in the mini-app center and undertake various tasks, while also showcasing opportunities for user involvement in the Launchpool “Stake to Earn” initiative.
Diving Deeper into the $CATI Token Functionality
Operating simultaneously across both the TON and Mantle blockchains, the $CATI token has a capped supply of 1 billion tokens shared between these networks. This unique structure makes sure that while a total of 1 billion tokens are available, only this amount circulates at any point. The operation relies on a locking mechanism that helps stabilize the token supply. Users can perform cross-chain transfers of $CATI through the Bybit exchange, with mutual locking contracts maintaining balance between the two chains. For example, if Catizen were to distribute 10 million $CATI tokens during an airdrop to users on Mantle, an equivalent 10 million would also be locked on the TON, ensuring that circulation remains controlled across both networks.
Catizen's Remarkable Growth Stats
Following a substantial investment from the Mantle EcoFund, Catizen, developed by Pluto Studio, has witnessed impressive growth, attracting more than 36 million players across the globe. This game has recorded incredible financial achievements and engagement metrics:
- Generated over $30 million in revenue in just six months since launch.
- Welcomed more than 7 million Daily Active Users (DAU).
- Counts 3 million users on-chain, with more than 600,000 participating via the Mantle blockchain.
- Has over 1 million paying users, with an Average Revenue per Paying User (ARPPU) of $27, totaling $27 million in revenue.
- Awarded over 1 million MNT and 40 million $FISH tokens exclusively to users on Mantle.
- Demonstrates high transaction quality, with users engaging in wallet binding, signing contracts, and covering gas fees using MNT or TON, while many wallets hold at least $10 in assets.
Catizen is dedicated to offering exclusive perks through its integration with Mantle and TON, aiming to create a welcoming onboarding experience for users into Web3, thereby playing a key role in the ongoing transformation of gaming economies.
Mantle Ecosystem: A Collaborative Effort
The Mantle Ecosystem is a multifaceted structure that includes components like the Mantle Network—an Ethereum layer 2 solution distinguished by decentralized governance and treasury functions. Additionally, Mantle's governance token, $MNT, plays an essential role in these integrations. The Mantle Network prioritizes compatibility with the Ethereum Virtual Machine (EVM) and adopts a modular architecture focused on fostering innovation and efficiency.
Mantle’s Aspirations for the Future
With an aim to enrich the Web3 gaming environment, Mantle Network is thoughtfully designed to meet the evolving demands of online gaming, crafting spaces where in-game assets gain real value across diverse ecosystems. Initiatives like the Mantle Grants Program and EcoFund, supported by a considerable capital reserve, position the ecosystem to stimulate innovation and nurture developer growth.
Catizen: Transforming Gaming Interaction
Catizen is recognized as an innovative gaming bot on Telegram, dedicated to merging the chat platform with multiple blockchains. By facilitating mobile payments in both cryptocurrency and fiat, Catizen strives to turn Telegram into a vibrant hub for Web3 interactions.
Boosting User Engagement and Accessibility
As Catizen evolves into a Mini-app Center, it integrates features from launchpool platforms, providing users with early access to new projects and token-related opportunities. This strategy not only gamifies user experience but also paves the way for pioneering Play-to-Airdrop systems that redefine engagement within the Web3 space.
Frequently Asked Questions
What is the primary purpose of the $CATI token?
The $CATI token enables transactions within the Catizen ecosystem, allowing users to take part in various activities, including the Launchpool initiative.
On which exchanges can I find the $CATI token?
You can find the $CATI token listed on several exchanges such as Binance, OKX, Bybit, Gate.io, and Bitget.
How does the locking mechanism for $CATI work?
The locking mechanism ensures a total supply of 1 billion tokens across the TON and Mantle blockchains by locking equivalent amounts whenever transactions occur between the two networks.
Can I use $CATI for transactions across different blockchains?
Yes, you can perform cross-chain transfers of $CATI, which allows for smooth transactions via platforms like Bybit.
What benefits does Catizen provide to its users?
Catizen offers unique advantages, including exclusive rewards, efficient user onboarding strategies, and innovative engagement methods within the Web3 gaming landscape.
