Singapore, Singapore, September twentieth, 2024, Chainwire
Mantle’s flagship recreation, Catizen, formally launched its token, $CATI, on a number of exchanges as we speak, together with Binance, OKX, Bybit, Gate.io, and Bitget. As essentially the most worthwhile mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Community / TON (L1) and Mantle Community (L2). $CATI, because the common token of the Catizen ecosystem, is issued on each the TON and Mantle. It may be used within the mini-app middle and open duties, offering customers with the chance to take part within the Launchpool “Stake to Earn,” additional selling the event of the whole gaming ecosystem.
The $CATI token will exist in a parallel relationship on TON and Mantle, with a most provide of 1 billion tokens on every. Nevertheless, the precise complete provide will stay at 1 billion throughout the 2 blockchains by way of a locking mechanism. Presently, cross-chain transfers of $CATI may be accomplished by way of Bybit alternate. The stability between the 2 chains is maintained by way of mutual locking contracts. For instance, if Catizen airdrops 10 million $CATI to Mantle recreation customers, 990 million $CATI of the 1 billion on Mantle Community will enter the locking contract, whereas 10 million $CATI of the 1 billion on TON will enter the locking contract to make sure that the entire circulation on each chains stays capped at 1 billion.
Since receiving Mantle EcoFund’s main funding in February 2023, Catizen, developed by Pluto Studio, has skyrocketed in recognition, turning into one of the profitable blockchain video games globally, with over 36 million gamers. Catizen’s success may be mirrored within the following spectacular metrics:
- Over $30 million in income generated inside simply 6 months
- Over 7 million Every day Lively Customers (DAU)
- 3 million on-chain customers, with over 600,000 on the Mantle blockchain
- Over 1 million paying customers, with an Common Income per Paying Person (ARPPU) of $27, totaling $27 million in income
- Greater than 1 million MNT and 40 million $FISH tokens distributed as rewards solely to Mantle Catizen customers
- Excessive-quality transactions: customers bind wallets, signal contracts, and pay fuel charges in MNT or TON for every transaction. Greater than half of the wallets maintain at the least $10 or extra in belongings
By offering unique advantages by way of the Mantle and TON, Catizen has demonstrated its unparalleled capacity to onboard customers into Web3 on a large scale, main the subsequent wave of Web3 gaming economies.
For extra data:
Catizen on Mantle statistics: https://dune.com/hashed_official/catizen-mantle
$CATI airdrop particulars: https://x.com/CatizenAI/standing/1833554571219898749
About Mantle
Mantle Ecosystem includes an layer 2 (L2) — Mantle Community, a decentralized autonomous group (DAO) — Mantle Governance, one of many largest on-chain treasuries — Mantle Treasury, and an Ether (ETH) liquid staking protocol — Mantle LSP: all constructed on Ethereum. Mantle token ($MNT) is the unified product and governance token of the ecosystem.
Mantle’s first core product is Mantle Community, an Ethereum L2. Mantle Community strives to be appropriate with the Ethereum Digital Machine (EVM). Mantle Community’s modular structure separates transaction execution, information availability, and transaction finality into modules — which may be individually upgraded and undertake the most recent improvements. Mantle Community is the primary L2 to accomplice with ETH restaking protocol EigenLayer for the information availability module. By adopting a rollup structure, Mantle Community is secured by Ethereum. Because the world’s first DAO-spawned L2, Mantle Community is pioneering a imaginative and prescient for the mass adoption of token-governed applied sciences. The present mainnet model, Mantle Community Mainnet v2 Tectonic (Mantle v2 Tectonic), went stay on March 15, 2024.
Mantle Community’s infrastructure is meticulously designed to deal with the calls for of the web3 gaming stack, enabling the creation of a related and expansive gaming universe the place belongings have actual worth past a single recreation’s ecosystem. Carefully intertwined with Mantle initiatives similar to Hyperplay, Mantle Community’s ecosystem of experience and assets facilitates a streamlined course of for builders to construct and deploy their gaming tasks.
To assist the next-generation of innovators, builders, and builders, Mantle is rising its ecosystem by way of Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M. Mantle’s Showcase Apps program lends extra assist and publicity to ecosystem tasks in classes similar to actual world belongings (RWA).
For extra data, readers can please go to:
Web site | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Weblog | GitHub
About Catizen
Catizen is a revolutionary gaming bot on Telegram that seamlessly integrates the messaging app Telegram with a number of blockchains, together with TON and Mantle Community. It redefines Net 3.0 experiences by enabling cell funds with each crypto currencies and fiat currencies. By tapping into Telegram’s huge person base, Catizen goals to create a Net 3.0 site visitors hub on an unprecedented scale.
Moreover, Catizen is evolving right into a Mini-app Middle, integrating options from launchpool platforms, similar to early entry to new tasks, token-based actions, transaction capabilities, together with quick movies and e-commerce functionalities. This revolutionary method will entice and have interaction customers by way of gamification and strategic Play-to-Airdrop initiatives, remodeling how customers entry and have interaction with the Net 3.0 ecosystem.
For extra data, readers can please go to:
X | Official Web site | Telegram | Telegram Chat | Bot
ContactMantle’s Communications StaffMantlewindrangerlabs@wachsman.com
This text was initially revealed on Chainwire