Catizen (CATI)

Catizen is a cat-themed gaming mini-app on Telegram, built on the TON and Manta blockchains. It’s designed to onboard new users into Web3 and serves as a major competitor to some of the biggest TON mini-dapps in the space, such as Notcoin, Hamster Kombat, and Blum.

Catizen Telegram game incorporates the core concepts of "Merge" games, where players purchase cats using various in-game currencies of lower levels, merge them, and receive higher-level cats in return, all while increasing their income. The game features four primary currencies, each with its own unique purpose:

• $vkitty: The main currency of the game in which the app measures your income per second. It is used to buy more cats and merge them into higher-level ones, further increasing $vkitty income per second.
• FishCoin: A premium currency that can be purchased with fiat. It allows users to achieve significant earnings in a short period.
• $wCATI: An exclusive gift for the first Launchpool participants that increases Catizen airdrop shares.
• $xZEN coin: A special reward given to participants of the platform partners’ quests, representing the social spirit of Catizen game.

This advanced in-game economy provides users with multiple gamified opportunities to participate in crypto quests and earn rewards, while also allowing businesses to gain exposure and new community members. Additionally, Catizen offers users an exclusive opportunity to stake earned in-game assets, such as high-level cats or FishCoin, further incentivizing participation and enhancing its unique economic model.

🪙 Catizen token: $CATI is the native token of the protocol, primarily used to reward the most active members of the community. Recently, the project announced the release and airdrop of the CATI coin, with the main criteria for participation being on-chain interactions, in-game social behavior, and daily task completion.

Later, on September 13, 2024, Binance, the largest crypto exchange, announced the IEO of $CATI starting on September 16, with a subsequent listing on September 20. 

Given the strong interest from the crypto community in the Catizen bot, our team conducted comprehensive research on the project and identified some notable pros and cons. Consider these when deciding whether to buy its native token after the listing.

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✅ Catizen pros:

• Over $26M made in revenue since its launch on January 2024;
• Large user base of 37M platers with over 1M paying users;
• IEO and listing on Binance;
• Low Initial market cap (30.5%) if compared with other Telegram dapps’ tokens;
• Relatively low token inflation rate (2.478%);
• Very high PR and Influencer marketing scores;
• High Growth marketing performance;
• Binance Labs and The Open Platform invested into the project;
• Diverse network of partners collaborating with Catizen Telegram game;
• Publicly available team, unlike most other Web3 games on TON;
• Clear and concise roadmap.

❌ Catizen cons: 

• High FDV of the token right from the start, indicating of not so big upside potential;
• No security audit is publicly presented by the platform; 
• Lack of transparency in private funding: the amount of funds raised by investors is unknown;
• Below the average Marketing Infrastructure, SMM, and SEO scores