On August 22, 2024, the TON ecosystem mini-game platform Catizen officially launched its Game Center. Eighteen blockbuster games previously announced in the Catizen roadmap will begin onboard the Catizen Game Center starting today! The Catizen Gaming Bot will be upgraded to the Catizen Game Center, significantly enhancing playability, expanding the gaming ecosystem, and improving Catizen's commercial landscape.
Unlike developing new Telegram bots from scratch, the mini-games to be launched on the Catizen Game Center are already well-known and established, having accumulated nearly millions of users and corresponding recognition on various web2 platforms through IAA and IAP models. Integrating these games into the Catizen mini-game ecosystem will create a powerful synergy between web2 and web3 mini-games. Catizen has successfully implemented the IAP and IAB business models in the past few months, achieving a web3 user conversion rate of up to 7%. This is expected to attract a new batch of active mini-game players to the web3 ecosystem and retain high-quality users with a comprehensive business model.
The release of the Game Center will also provide a stable application scenario for the upcoming large-scale $CATI token airdrop by CATIZEN. Nearly 30 million users will become familiar with the utility of the CATI token in advance, laying the foundation for the economic circulation after the $CATI airdrop and stabilizing user consensus and the price of $CATI.
Previously, CATIZEN announced the profit channels for $CATI holders and the token application scenarios to be implemented before the airdrop as follows:
- Profit sharing from the Game Center: 100% contribution from self-developed games and 30% from third-party games. All players will share the commission from the Game Center's total revenue.
- Staking assets to receive other token airdrops: Users who stake CATI tokens will continue to receive token airdrops from these games. The combination of staking rewards and cash flow buybacks will drive the value of CATI tokens up. This increase in value, along with the traffic and wealth effect it generates and the user growth strategy, will help Catizen attract more traffic, facilitate more spending, and draw in more first- and third-party game collaborations.
- In addition to the Game Center, Catizen plans to utilize its existing traffic to launch on-chain trading products based on Telegram to meet more user needs and expand revenue sources. The first product is an options protocol that allows users to buy 1 Bitcoin for $10, planned to be launched in the third quarter of 2024. The revenue generated from this protocol will be used to buy back CATI tokens, further increasing the token's value and consolidating our ecosystem advantage.
Beyond profit sharing and token appreciation, Catizen players will have the ability to vote on which games should be prioritized for listing on the Game Center's launchpool, ensuring the selection of high-quality projects for the staking launchpool and providing better returns for users.
About Catizen
Catizen is a revolutionary gaming bot on Telegram that seamlessly integrates the Telegram x TON Blockchain. It transforms Web3 access by enabling practical mobile payments. By leveraging Telegram's immense traffic, Catizen aims to establish a Web 3.0 traffic nexus on a scale of hundreds of billions.
Catizen will become a mini-app centre, combining Launchpool's unique features with short videos and e-commerce. This innovative approach will attract and engage users through gamification and strategic Play-to-Airdrop initiatives, revolutionising how users access and engage with the Web3 ecosystem.
For more information, please visit: Catizen.ai
Social Link, please visit: X