The rise of blockchain gaming has ushered in a wave of innovation, with new projects exploring creative intersections between gaming, cryptocurrency, and user engagement. One such project is Catizen, which brings a fresh approach to play-to-earn (P2E) gaming.
In this article, we will explore what Catizen is, its core features, the significance of its native token $CATI, and why this project is gaining momentum.
What is Catizen?
Catizen is a play-to-earn GameFi project that stands out due to its innovative gameplay mechanics and seamless integration with Telegram. Developed by a Chinese team with a track record in blockchain, Catizen is built to offer an immersive and sustainable gaming experience. The game allows players to manage virtual cat cafes, engaging in activities such as nurturing digital cats and earning rewards through in-game achievements.
History and Development
Catizen originated as a Telegram MiniApp, capitalizing on the platform's vast user base. The project has steadily evolved, integrating more complex mechanics like AI-driven interactions, where virtual cats develop unique personalities based on their environment. Its mission is to create a Web3 gaming experience that is both fun and financially rewarding, positioning itself as a leader in consumer-grade decentralized applications.
Project Mission and Vision
Catizen aims to build a global gaming ecosystem around the concept of empathy and social responsibility. By leveraging the playful nature of cats and the popularity of Telegram, the project seeks to cultivate a community-driven game that promotes positive social interactions while offering financial incentives.
Catizen is a blend of engaging gameplay and decentralized technology, designed to attract both casual gamers and blockchain enthusiasts. Its integration with Telegram and unique use of AI gives it a distinct edge in the growing Web3 gaming space.
Project Features
- AI-Driven Virtual Cats: The virtual cats in Catizen exhibit behavior and personalities that evolve based on their interactions with users.
- Seamless Telegram Integration: Players can access the game directly through Telegram, making the gaming experience highly accessible.
- Play-to-Airdrop Model: Active players are rewarded with $CATI tokens through a play-to-airdrop mechanism, increasing user engagement.
- Mini Game Center: Catizen plans to introduce a wide variety of mini-games, further enhancing its ecosystem and reward mechanisms.
- AI-Powered Interactions: The integration of AI brings a new layer of interactivity and immersion, where cats' personalities evolve over time.
Overview of $CATI
Application/Utilities
$CATI is the native token of Catizen and will be central to all in-game transactions. Players earn $CATI by participating in the game’s activities, which can be used to level up characters, purchase in-game items, or trade in secondary markets.
How to Obtain $CATI
Unlike traditional P2E models, players do not earn $CATI directly through gameplay. Instead, they are rewarded via airdrops based on in-game contributions, daily activities, and social interaction. Players also receive wCATI for early engagement, a unique mechanism for initial participants. Additionally, xZEN rewards are distributed for participating in social interactions, such as helping other players.
Tokenomics
The total supply of $CATI is fixed at 1 billion tokens. The distribution is carefully structured to support the long-term sustainability and growth of the ecosystem, with the majority allocated to player rewards and ecosystem development.
This allocation ensures that a substantial portion of tokens is used to incentivize active players and contributors while also fostering ongoing development and innovation within the Catizen ecosystem.
Decentralized Governance
The Catizen Foundation, a non-profit entity, is responsible for overseeing the governance of the Catizen ecosystem. It handles the issuance of tokens, resource distribution, signing new mini-games, and distributing airdrops. Token holders are empowered through a DAO structure, enabling them to vote on major decisions, such as token model improvements, repurchasing or burning tokens, and developer grants. This model ensures transparency, making $CATI a community-driven token.
The $CATI DAO governance model will be implemented within 12 months of the token generation event (TGE). Before this transition, the team will trial various in-game models and collect community feedback to ensure smooth governance.
Decision-Making Process
The DAO uses a structured voting model via the TON Vote platform:
- Intent Survey: Community discussions begin on the forum, followed by a vote requiring 1% approval from $CATI holders to move forward.
- Consensus Survey: A formal vote on specific options requires 4% approval to proceed.
- Governance Proposal Submission: Final proposals undergo a 7-day on-chain vote. If a proposal garners 7% approval, it passes and is queued for execution.
This structured approach ensures all stakeholders participate in decision-making, with proposals going through stages of discussion, auditing, and final on-chain voting. Approved proposals are executed after a Timelock period of two days, ensuring transparency.
Governance Proposal Status
Proposals can have various statuses such as Pending, Active, Succeeded, or Executed, depending on their stage in the decision-making process. This system ensures that the community has full visibility into the proposal's progress, whether it is still being discussed or has been successfully executed.
By involving the community through a transparent and participatory process, Catizen ensures that the $CATI token and ecosystem remain aligned with the needs and desires of its users.
Community and Social Impact
Catizen has built a vibrant, player-driven community centered around the theme of empathy and social responsibility. The project encourages community members to share their stories and experiences, especially through initiatives like the Vibe Heal the World campaign, where users post about helping stray cats. Over time, this community has grown into an integral part of the Catizen ecosystem, creating an atmosphere of collaboration and collective growth.
How to Buy and Trade $CATI on CoinEx?
CoinEx is a global cryptocurrency exchange, trusted by 10+ million users worldwide with 100% reserve. With 1,200+ tokens supported, including $CATI, users can now trade easily and seamlessly.
To purchase $CATI on CoinEx, follow the steps below:
- Create an Account: Begin by signing up for a CoinEx account.
- Deposit Funds: Once you log in, deposit funds into your CoinEx account via any supported cryptocurrencies or deposit methods available on the exchange. With funds in your account, you can execute trades seamlessly.
- Navigate to $CATI Trading Page: After funding your account, navigate to the dedicated $CATI trading page on CoinEx. A search box will help you locate $CATI trading pairs on the spot trading page. Simply enter the term "CATI" to find the associated trading pairs.
- Select a Trading Pair: Choose the trading pair CATI/USDT to trade $CATI against USDT (Tether).
- Specify the Purchase Amount: The next step is to specify the number of $CATI you want to buy. You can buy them at the current market price or set a limit for your preferred buying price on the trading page.
- Execute the Trade: Once you have specified the amount, proceed to execute the trade. Confirm the details, and if they are satisfactory, submit the order.
By following these steps, you can easily trade $CATI tokens on CoinEx.
Bottom Line
Catizen is poised to revolutionize the P2E gaming industry by combining engaging gameplay, AI-driven characters, and a robust reward system centered around its $CATI token. Its unique integration with Telegram makes it accessible to a broad audience, setting the stage for future growth in the GameFi space. With a strong focus on community involvement, decentralized governance, and a rewarding airdrop model, Catizen offers an exciting glimpse into the future of Web3 gaming.
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