Tim Wong, Chairman of the CATIZEN Foundation, mentioned in his speech on November 1, 2024, the overall plan for the CATIZEN Ecosystem and a series of upcoming developments related to the CATI token. He showcased the project’s achievements since the TGE in September, highlighting that Bombie and Vanilla Finance have successfully continued to attract high-quality core users. The CATIZEN ecosystem has also launched initiatives like Launchpool and Mini App Rebate, benefiting token holders. CATIZEN is pioneering a new Web3 identity, initiating the era of the Web3 sharing economy.
Launchpool Project ZIRCUIT (ZRC)
On October 28, 2024, CATIZEN launched its first Launchpool project, ZIRCUIT (ZRC), offering players over a million dollars in staking rewards. Players can participate using CATI tokens or high-tier game cat assets to earn substantial returns. During the ZRC Launchpool period, over 23 million CATI tokens were staked, with a total prize pool valued at $1.5 million, an APY of up to 771%, and maximum hourly returns of 4,216 ZRC.
According to Tim Wong's presentation at the TON ecosystem conference, CATIZEN has partnered with several high-quality projects and plans to launch 1-2 new Launchpool projects each month. Notably, ZIRCUIT (ZRC) is a promising project supported by Binance Labs, Pantera, and Dragonfly Capital, operating as an AI-secured zero-knowledge Layer 2 solution fully compatible with EVM.
The CATI Launchpool will continue to be available in the CATIZEN BOT. According to the presentation on Nov 1st during Gateway by Andrew, a member of the TON Foundation Board and CEO of TOP, CATI Launchpool will soon be deployed within Telegram’s built-in non-custodial wallet as part of the next phase of Earn feature development. This advancement aims to extend the benefits of CATI Launchpool to the broader Telegram community, bringing more shared value to all.
Mini APP Rebate – CATI as a Universal Currency Application
In addition to the staking applications in Launchpool, CATI tokens can also be used as universal currency within the CATIZEN Mini APP Center, providing additional benefits to players. CATIZEN previously announced that all CATI token holders would enjoy a 30% exclusive discount when purchasing assets in the app center, along with 100% usage rights. Users can also earn a 10% commission by inviting friends to recharge. As of the latest announcement, CATIZEN has returned over $300,000 in commissions to its 43 million users, translating to approximately $6,000 daily in community economic value.
Currently, the CATIZEN Mini APP Center has successfully established a positive cycle of community economics, continuously providing high cashback to community players, making it unique in the Web3 space.
Conclusion:
CATIZEN's Launchpool and Mini APP Rebate initiatives are leading an unprecedented revolution in the sharing economy. The CATI token not only creates wealth opportunities for players but also builds an economic ecosystem where players and the community thrive together. In the future, we will collaborate with global partners to continuously launch high-quality projects, inviting more people to join the Web3 wave and experience true decentralized wealth sharing. CATIZEN invites you to co-write the future of the sharing economy and create a new era of Web3 together!
About Catizen:
Catizen is an innovative mini-app center that integrates features such as Launchpool, Stake-to-Earn, and Airdrop Pass, transforming how users interact with the Web3 ecosystem.
Originally launched as a play-to-earn game on Telegram, Catizen attracted over 43 million users within just six months, demonstrating rapid growth. Now evolving into a comprehensive Web3 mini-app platform, Catizen provides SDK development tools and a unified user account system, fostering collaboration with promising mini-app developers and driving continuous innovation.