Singapore, Singapore, September 20, 2024, Chainwire
Mantle’s flagship game Catizen officially launched its token, $CATI, today on multiple exchanges including Binance, OKX, Bybit, Gate.io, and Bitget. As the highest-earning mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as the universal token of the Catizen ecosystem, is issued on both TON and Mantle. It can be used in the mini-app center and open tasks, providing users with the opportunity to participate in the “Stake to Earn” Launchpool, further promoting the development of the entire gaming ecosystem.
The $CATI token will exist in a parallel relationship on TON and Mantle, with a maximum supply of 1 billion tokens on each. However, the actual total supply will remain at 1 billion on both blockchains through a locking mechanism. Currently, cross-chain transfers of $CATI can be made via the Bybit exchange. The balance between the two chains is maintained through mutual locking contracts. For example, if Catizen sends 10 million $CATI to Mantle game users, 990 million $CATI of the billion on Mantle Network will go into the locking contract, while 10 million $CATI of the billion on TON will go into the locking contract to ensure that the total circulation on both chains remains capped at 1 billion.
Since receiving major investment from the Mantle EcoFund in February 2023, Catizen, developed by Pluto Studio, has seen meteoric rise to popularity, becoming one of the most successful blockchain games in the world, with over 36 million players. Catizen’s success is reflected in the following impressive statistics:
- Generated over $30 million in revenue in just 6 months
- Over 7 million daily active users (DAU)
- 3 million users on-chain, with over 600,000 on the Mantle blockchain
- Over 1 million paying users, with an average revenue per paying user (ARPPU) of $27, totaling $27 million in revenue
- Over 1 Million MNT Tokens and 40 Million $FISH Tokens Distributed as Reward Exclusively to Mantle Catizen Users
- High-quality transactions: Users link wallets, sign contracts, and pay gas fees in MNT or TON for each transaction. More than half of the wallets contain at least $10 or more in assets
By offering exclusive benefits through Mantle and TON, Catizen has demonstrated its unmatched ability to integrate users into Web3 at scale, leading the next wave of Web3 game economies.
For more information:
Catizen’s stats on Mantle:
$CATI Airdrop Details:
About Mantle
The Mantle ecosystem consists of an Ethereum Layer 2 (L2) – Mantle Network, a Decentralized Autonomous Organization (DAO) – Mantle Governance, one of the largest on-chain treasuries – Mantle Treasury, and a liquid Ether (ETH) staking protocol – Mantle LSP: all built on Ethereum. The Mantle token ($MNT) is the unified product and governance token of the ecosystem.
Mantle’s first flagship product is Mantle Network, an Ethereum L2. Mantle Network strives to be compatible with the Ethereum Virtual Machine (EVM). Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules, which can be individually upgraded and adopt the latest innovations. Mantle Network is the first L2 to partner with the ETH retaking protocol EigenLayer for the data availability module. Adopting a rollup architecture, Mantle Network is secured by Ethereum. As the world’s first DAO-based L2, Mantle Network is pioneering a vision for the mass adoption of tokenized technologies. The current mainnet version, Mantle Network Mainnet v2 Tectonic (Mantle v2 Tectonic), went live on March 15, 2024.
Mantle Network’s infrastructure is meticulously designed to meet the demands of the Web3 gaming stack, enabling the creation of a connected and expansive gaming universe where assets have real value beyond the ecosystem of a single game. Closely tied to Mantle initiatives such as Hyperplay, Mantle Network’s ecosystem of expertise and resources facilitates a streamlined process for developers looking to build and deploy their gaming projects.
To support the next generation of innovators, builders and developers, Mantle is growing its ecosystem through the Mantle Grants program and the Mantle EcoFund, a $200 million catalyzed capital fund. Mantle’s Showcase Apps program provides additional support and publicity to ecosystem projects in categories such as real-world assets (RWAs).
For more information, readers can visit:
Website | X/Twitter | X/Twitter Developers | Discord | Telegram | YouTube | Blog | GitHub
About Catizen
Catizen is a revolutionary gaming bot on Telegram that seamlessly integrates the Telegram messaging app with multiple blockchains, including TON and Mantle Network. It redefines Web 3.0 experiences by enabling mobile payments with cryptocurrencies and fiat currencies. By leveraging Telegram’s vast user base, Catizen aims to create a Web 3.0 traffic hub at an unprecedented scale.
Additionally, Catizen is evolving into a mini-app hub, integrating features from launchpads such as early access to new projects, token-based activities, transaction capabilities, as well as short videos and e-commerce features. This innovative approach will attract and engage users through gamification and strategic Play-to-Airdrop initiatives, transforming the way users access and interact with the Web 3.0 ecosystem.
For more information, readers can visit:
X | Official Site | Telegram | Telegram Chat | Bot
Contact
The Mantle Communications Team
Coat
windrangerlabs@wachsman.com
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