YEREVAN (CoinChapter.com) — CATIZEN has formally launched its airdrop interface, marking a key step in distributing CATI tokens. The CATIZEN Basis confirms that it’ll not allocate any CATI tokens from the Token Technology Occasion (TGE) to the workforce, buyers, or advisors. As an alternative, it focuses solely on distributing the CATIZEN token to the neighborhood. The workforce has put aside 30.5% of the TGE provide for distribution, making certain that solely gamers and neighborhood members profit from the CATIZEN coin.
The workforce has divided the CATIZEN coin airdrop into key elements. They’ve allotted 15% for neighborhood airdrops, reserved 9% for the Binance Launchpool, directed 5% towards liquidity, and put aside 1.5% for funding. In line with the CATIZEN Basis President, this plan exhibits the platform’s dedication to neighborhood possession and a decentralized ecosystem.
“We believe the strength of CATIZEN lies in its community,”
The president said that the neighborhood may have full control over the distribution of CATI tokens.
Breakdown of CATIZEN Coin and CATI Token Allocation
The CATIZEN token has a complete provide of 1 billion.
The workforce plans to scale back this provide via a transparent long-term technique. As much as 50% of the muse’s income will go towards repurchasing and burning CATI tokens, probably reducing the provision by half. The workforce is releasing 30.5% of the provision throughout the TGE with out allocating any to the workforce, buyers, or advisors. They’ll distribute the remaining tokens steadily over time.
The workforce has reserved 15% of the entire provide for neighborhood members within the airdrop and put aside one other 9% for the Binance Launchpool. The airdrop will distribute tokens over eight quarters, beginning with 0.99% of the entire provide originally of the second quarter. The airdrop quantity will improve by 10% every quarter till all tokens are absolutely distributed.
CATI Coin Market Worth and Progress within the TON Ecosystem
The CATI token has gained important momentum out there. In line with pre-market futures information from OKX, the CATI coin is presently buying and selling at $0.7339. In consequence, it has change into one of the vital priceless tokens inside the TON ecosystem.
Furthermore, to additional have interaction the CATIZEN neighborhood, the platform launched the “Stake to Earn” characteristic. This enables customers to earn rewards by staking their CATI tokens. Combining the CATIZEN token airdrop, liquidity measures, and staking alternatives highlights the platform’s dedication to constructing an energetic and decentralized neighborhood.
Wanting forward, CATIZEN additionally plans to increase past its mini-game platform. The workforce goals to develop the Web3 leisure ecosystem by launching a variety of mini-games, brief dramas, and e-commerce choices inside the Telegram Miniapp ecosystem.