Catizen Unveils $CATI Token on Various Exchanges
Catizen, the primary game created by Mantle, has officially unveiled its $CATI token on a variety of trading platforms such as Binance, OKX, Bybit, Gate.io, and Bitget. Catizen, recognized as one of the most lucrative miniature games on Telegram, seamlessly integrates with Telegram, The Open Network / TON (L1), and the Mantle Network (L2). The all-encompassing $CATI token is issued on both the TON and Mantle blockchains, allowing users the opportunity to partake in the Launchpool “Stake to Earn” initiative within the Catizen ecosystem.
The $CATI token will be accessible on both TON and Mantle, each with a capped supply of 1 billion tokens. Nevertheless, a locking mechanism is in place to ensure that the total supply across both blockchains remains fixed at 1 billion tokens. Current cross-chain transfers of $CATI can be executed through the Bybit exchange. The equilibrium between the two chains is upheld through shared locking contracts to manage circulation.
Following a substantial investment from Mantle EcoFund in February 2023, Catizen has garnered substantial popularity, captivating over 36 million players globally. The triumph of Catizen is evident through numerous crucial metrics, such as generating in excess of $30 million in revenue in just half a year, boasting a Daily Active User base exceeding 7 million, and dispensing rewards like MNT and $FISH tokens to its users.
By harnessing the advantages of Mantle and TON, Catizen has effectively initiated users into Web3 on a grand scale, paving the way for the forthcoming era of Web3 gaming economies.
Insightful Comment:
As per a representative from Mantle, “The debut of the $CATI token signifies a momentous achievement for the Catizen ecosystem, offering fresh opportunities for users within the gaming platform.”
Market Overview:
Mantle’s ecosystem, comprising Mantle Network, Mantle Governance, Mantle Treasury, and Mantle LSP, aims to provide a comprehensive milieu for decentralized and token-governed technologies.
Implications Analysis:
The launch of the $CATI token on exchanges is poised to amplify user engagement within the Catizen ecosystem and propel the evolution of Web3 gaming economies.
In summary, the introduction of the $CATI token on multiple trading platforms stands as a significant stride for the Catizen ecosystem, underscoring its dedication to innovation and user involvement in the Web3 domain.
