Singapore, Singapore, September 20th, 2024,
Chainwire
Mantle’s flagship game, Catizen, officially
launched its token, $CATI, on multiple exchanges today, including
Binance, OKX, Bybit, Gate.io, and Bitget. As the most profitable
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 the TON
and Mantle. It can be used in the mini-app center
and open tasks, providing users with the opportunity to participate
in the Launchpool “Stake to Earn,” 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 across the two
blockchains through a locking mechanism. Currently, cross-chain
transfers of $CATI can be done through Bybit exchange. The balance
between the two chains is maintained through mutual locking
contracts. For example, if Catizen airdrops 10 million $CATI to
Mantle game users, 990 million $CATI of the 1 billion on Mantle
Network will enter the locking contract, while 10 million $CATI of
the 1 billion on TON will enter the locking contract to ensure that
the total circulation on both chains remains capped at 1
billion.
Since receiving Mantle EcoFund’s major investment in February
2023, Catizen, developed by Pluto Studio, has skyrocketed in
popularity, becoming one of the most successful blockchain games
globally, with over 36 million players. Catizen’s success can be
reflected in the following impressive metrics:
- Over $30 million in revenue generated within just 6 months
- Over 7 million Daily Active Users (DAU)
- 3 million on-chain users, 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
- More than 1 million MNT and 40 million $FISH tokens distributed
as rewards exclusively to Mantle Catizen users
- High-quality transactions: users bind wallets, sign contracts,
and pay gas fees in MNT or TON for each transaction. More than half
of the wallets hold at least $10 or more in assets
By providing exclusive benefits through the Mantle and TON,
Catizen has demonstrated its unparalleled ability to onboard users
into Web3 on a massive scale, leading the next wave of Web3 gaming
economies.
For more information:
Catizen on Mantle statistics: https://dune.com/hashed_official/catizen-mantle
$CATI airdrop details: https://x.com/CatizenAI/status/1833554571219898749
About Mantle
Mantle Ecosystem comprises
an Ethereum layer 2 (L2) — Mantle Network, a decentralized
autonomous organization (DAO) — Mantle Governance, one of the
largest on-chain treasuries — Mantle Treasury, and an Ether (ETH)
liquid staking protocol — Mantle LSP: all built on Ethereum. Mantle
token ($MNT) is the unified product and governance token of the
ecosystem.
Mantle’s first core 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 ETH restaking protocol EigenLayer for the
data availability module. By adopting a rollup architecture, Mantle
Network is secured by Ethereum. As the world’s first DAO-spawned
L2, Mantle Network is pioneering a vision for the mass adoption of
token-governed 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 handle the demands of the web3 gaming
stack, enabling the creation of a connected and expansive gaming
universe where assets have real value beyond a single game's
ecosystem. Closely intertwined with Mantle initiatives such as
Hyperplay, Mantle Network’s ecosystem of expertise and resources
facilitates a streamlined process for developers to build and
deploy their gaming projects.
To support the next-generation of
innovators, builders, and developers, Mantle is growing its
ecosystem via Mantle Grants Program and Mantle EcoFund, a catalyzed
capital pool of $200M. Mantle’s Showcase Apps program lends
additional support and publicity to ecosystem projects in
categories such as real world assets (RWA).
For more information, readers can
please visit:
Website | X/Twitter | Devs X/Twitter |
Discord | Telegram | YouTube | Blog | GitHub
About Catizen
Catizen is a revolutionary gaming bot on Telegram that
seamlessly integrates the messaging app Telegram with multiple
blockchains, including TON and Mantle Network. It redefines Web 3.0
experiences by enabling mobile payments with both crypto currencies
and fiat currencies. By tapping into Telegram's vast user base,
Catizen aims to create a Web 3.0 traffic hub on an unprecedented
scale.
Additionally, Catizen is evolving into a Mini-app Center,
integrating features from launchpool platforms, such as early
access to new projects, token-based activities, transaction
capabilities, along with short videos and e-commerce
functionalities. This innovative approach will attract and engage
users through gamification and strategic Play-to-Airdrop
initiatives, transforming how users access and engage with the Web
3.0 ecosystem.
For more information, readers can
please visit:
X | Official Website | Telegram | Telegram Chat | Bot
Contact
Mantle's Communications
Team
Mantle
windrangerlabs@wachsman.com