CATI token from Catizen started trading on exchanges
- CATI trading has started on several cryptocurrency exchanges.
- CATI is the token of the popular Telegram mini-game Catizen.
Mantle’s flagship game, Catizen, officially launched its CATI token on September 20 on several exchanges including Binance, OKX, Bybit, Gate.io, and Bitget.
As one of Telegram’s most lucrative mini-games, Catizen easily integrates the messenger with The Open Network (TON) and Mantle Network, the developers noted.
CATI, the universal token of the Catizen ecosystem, runs on both TON and Mantle. It can be used at the center of mini-apps and tasks, giving users the opportunity to participate in the ‘Stake to Earn’ launchpool, further contributing to the development of the entire gaming ecosystem.
CATI will exist on two blockchains simultaneously — TON and Mantle — with a maximum supply of 1 billion tokens on each. The actual total supply will remain at 1 billion on the two networks due to the blockchain mechanism.
At the time of writing, CATI transfers between the blockchains can be made through the Bybit exchange. The balance between the two networks is maintained through mutual blockchain contracts, the team clarified.
For example, if Catizen transfers 10 million CATI to users of the Mantle game, 990 million of the 1 billion CATI in the Mantle Network will enter the blockchain contract. In parallel, 10 million CATI out of 1 billion on the TON Network will also enter the blockchain contract so that the total supply on both blockchains remains at 1 billion.
Since receiving a major investment from Mantle EcoFund in February 2023, Catizen, developed by Pluto Studio, has been rapidly gaining popularity and has already become one of the most successful blockchain games worldwide, with over 36 million players.
Catizen’s success can be judged by the following indicators, the team noted:
- more than $30 million in revenue generated in six months;
- over 7 million daily active users (DAUs);
- 3 million blockchain users, of which more than 600 000 are on the Mantle network;
- over 1 million paying users with an average revenue per user (ARPPU) of $27, totaling $27 million in revenue;
- over 1 million MNT and 40 million FISH tokens distributed as rewards exclusively to Catizen users on Mantle;
- high-quality transactions: users link wallets, sign contracts, and pay a fee for each transaction in the form of MNT or TON. More than half of wallets hold assets of at least $10 or more.
‘By delivering exclusive benefits through Mantle and TON, Catizen has demonstrated its unrivaled ability to attract users en masse to Web3, leading the next wave of Web3 gaming economies,’ the statement reads.
