Key Takeaways:
- $CATI Token Airdrop Delay: Catizen delayed the $CATI token airdrop and itemizing to safe change listings and guarantee liquidity for a clean launch.
- Token Distribution: $CATI tokens are divided among the many ecosystem, treasury, staff, seed buyers, liquidity, and advisors to forestall giant sell-offs.
- Lively Neighborhood: Regardless of delays, the Catizen neighborhood stays engaged with over 30 million on-chain transactions recorded.
Catizen AI postponed the $CATI coin airdrop, which was initially scheduled for July 2024. Now, the Token Technology Occasion (TGE) will happen on September 20, 2024. Notably, the staff delayed the occasion to safe main change listings and guarantee there’s adequate liquidity, serving to to ensure a clean launch.
Catizen AI Coin Airdrop Delayed to Guarantee Clean Launch Amid Market Competitors
Catizen delayed the $CATI coin airdrop to finalize its change listings and forestall potential points. The builders purpose to launch the token easily, making certain sufficient liquidity and steady pricing, particularly on platforms like Binance.
As well as, bulletins from rivals akin to Hamster Kombat and DOGS led Catizen AI to delay its personal airdrop. Particularly, the staff wished to keep away from launching throughout the identical interval as these rival initiatives, making certain that the $CATI coin maintains visibility available in the market.
$CATI Token Provide and Distribution Plan
The $CATI token has a complete provide of 1 billion tokens. The biggest allocation, 40%, is reserved for the airdrop and ecosystem growth.
Different allocations embrace:
- 20% for the treasury,
- 20% for the staff,
- 8% for seed funding,
- 6% for strategic buyers,
- 4% for liquidity,
- 2% for advisors.
Moreover, Catizen AI structured the token launch schedule for seed buyers, advisors, and the staff to forestall giant sell-offs. For example, these teams will begin receiving their tokens 12 months after the launch, with a 12-month cliff adopted by a four-year vesting interval.
Regardless of the delay, Catizen’s neighborhood stays lively. For instance, the platform has recorded over 30 million on-chain transactions, with many gamers concerned in varied in-game roles. Furthermore, gamers are inspired to remain engaged, because the snapshot for airdrop participation might happen earlier than the official token itemizing.
