Telegram-канал catizenann - Catizen Announcement: Неотсортированное

Catizen Announcement

14 сентября 2024 14:26

The Letter From Tim Wong, chairman of Catizen Foundation

✉️ Dear @CatizenAI Community Members,

Today, we have reached an important milestone - the CATI token airdrop day!
I am very excited to witness this historic moment with you all.
Each CATI token symbolizes your governance rights in the Catizen ecosystem. It is not just a token; it represents the consensus and trust of the community, which is the core spirit of Web3.

Lots of community members are asking about Airdrop Allocation, here’s the reply -> 43% airdrop = 34% Airdrop to Community + 9% Binance Launchpool.

The releasing schedule and economic models:

✅ Airdrop and Ecosystem 43%
- Airdrop 34%
15% at TGE, no vesting, for Season 1 Player Reward.
For the remaining portion of airdrop, it will be used for quarterly season airdrop campaign, rewarding players in future seasons. 9,900,000 tokens (0.99%) will be airdropped in the beginning of second quarter. This figure will increase by 10% every quarter until all the airdrop tokens are distributed. The entire airdrop process will be completed within 8 quarters following the TGE.
- Launchpool 9%, TGE 100%

✅ Liquidity 5%, TGE 100%
✅ Treasury 15%, TGE 10%, 12-month cliff, 48-month linear release
✅ Team 20%, TGE 0%, 12-month cliff, 48-month linear release
✅ Investors 10%, TGE 0%, 12-month cliff, 48-month linear release
✅ Advisors 7%, TGE 0%, 12-month l cliff, 48-month linear release

CATI, as the governance token of the Catizen ecosystem, has a total supply of 1 billion, which will never be increased while 50% of the foundation's revenue will be used for repurchasing and burning of CATI from time to time to decrease the total supply for CATI by up to 50%.🔥

After thorough consideration, we decided to release 30.5% of the total supply at TGE. We view this TGE as the beginning of establishing the entire CATIZEN ecosystem. After reviewing numerous successful Web3 and Web2 products and leveraging the experience of the advising team, we believe that the value of the $CATI token is set to soar, with everything in place, waiting for the final push.

Catizen users have already enjoyed multiple opportunities for value returns, including the ongoing million-dollar Stake to Earn event. Such opportunities to give back to the community will only increase in the future, long-term, sustainable benefits are key factors for the mutual growth of the Catizen ecosystem and our community.❤️

To demonstrate our sincerity, we would like to emphasize that our team, investors, and advisors have 0% token allocation at TGE, with a 12-month lock-up period and a 48-month vesting schedule. This fully reflects our confidence in the long-term development of the Catizen ecosystem, ensuring that within the first year, only players will be able to hold and trade $CATI tokens.

The Catizen mini-game platform is just the beginning. We will continue to cultivate the Telegram Miniapp ecosystem, working with the community to deliver thousands of top-tier mini-games and other rich content, such as short dramas and e-commerce, as we jointly build a grand Web3 entertainment empire!

Thank you for your support, and let’s continue this journey together! 😽