Catizen, a prominent Web3 social entertainment platform, is creating a buzz in the Telegram ecosystem, having recently made its debut on the TON Blockchain. After completing the preparations for Phases 1 and 2, Catizen is now gearing up for Phase 3.
In a post on July 31, the platform shared insights regarding its upcoming plans, community engagement, and token utility.
The platform prides itself on a high-quality community base, clinching the top rank in the TON Open League for three consecutive seasons.
With unparalleled on-chain data and activity levels compared to other mini-apps in the TON ecosystem, Catizen stands out as a key player in the crypto space.
Outstanding User Conversion and Community Engagement
Maintaining a 7% user conversion rate of on-chain users and an above-average ARPU since the introduction of the Catizen Bot.
Out of over 5 million Telegram Premium users, more than 40% (2 million+) are part of the Catizen community, highlighting the platform's wide reach and engagement.
Its innovative business approach blends In-App Blockchain (IAB) and In-App Purchase (IAP) models, converting a broad audience into high-quality users.
Future Ventures and Community Sentiments
Catizen is set to introduce a Mini-Game Center and Launchpool, enhancing rewards and interaction opportunities for CATI holders.
Expanding its ecosystem, Pluto Vision Labs has contracted 18 games to build a flourishing Catizen Gaming Universe centered around the CATI token.
Through the integration of gaming with DeFi principles, the project aims to optimize the CATI token's value-capturing function and ensure its longevity.
Responsive to community feedback, the platform is addressing the Catizen airdrop delay and emphasizing its dedication to long-term benefits and sustainable growth for community members.
Preparations are underway for a successful airdrop, including partnerships with major exchanges, liquidity assurance, and fair listing price determination. Compliance and market sentiment are also key considerations.
At the Catizen TGE, CATI tokens will not be immediately allocated to seed investors, advisors, and the team. Instead, these tokens will follow a four-year vesting schedule, commencing after a 12-month lock-up period.
With 26 million players and $16 million generated from in-app purchases, the platform remains on an upward trajectory, allocating $160,000 towards feline rescue efforts.
Conclusion
Catizen's strategic moves and robust community engagement have cemented its presence in the Web3 landscape. With an expanding user base, innovative business model, and future plans revolving around the CATI token, Catizen is positioned for ongoing success and influence.
