It is been over 100 days since I have been playing Catizen, and finally the airdop is coming on September 20th, with the snapshot rumored to happen on September 14th, so over 25 million players will have the opportunity to grind for 5 more days before it is over.
However, following the airdop, catizen partnered with other gaming apps that have been integrated into the catizen system, allowing interested players to continue playing for future profits.
Now to the good stuff
The total supply of the coin is around one billion, with 43% of it being airdropped to players. The team's share will not be dumped on the market because it will vest over a four-year period. There will now be premarket trading on OKX and GATE.IO, with OKX already trading at 0.5$ and BYBIT trading at 1.26$.
Optimism
I have been optimistic about this project since the beginning, and I have finally made it into the diamond league and checked off some of the boxes that qualify me for the airdop.
The reason I believe this project will pay an average of $300 to average users who completed minimal on-chain transactions is that many people initially stopped playing the game after realizing they needed to invest time and commitment.
So let me explain why this airdop might be big.
The first difference is that the CATI token is not a memecoin, and its utility is enormous. Another reason is that there were initially 25 million registered accounts, but the top leagues have only about 450K players, and these 450K people may have completed 2 million on-chain transactions.
According to the Catizen team's communication, only top players will receive the airdop, as they are attempting to prioritize players who have both played the game and given their cash. Getting into one of the top leagues requires reaching levels 32 to 38, which is simple if you dedicate about 20 minutes per day for a month and complete at least one on-chain transaction.
Qualification For Airdop Is Actually Cheap
The cheapest on-chain transaction costs about 10 cents, and at level 38, you automatically qualify for an airdop, which is extremely simple in my opinion.
The more people who faded this project, the more money for the ones who actually took this project serious. Now, let us do some basic calculations.
We have heard rumors about allocations for the various leagues, so I would like to use this figure to perform a quick calculation.
Based on the premarket price of 0.5, I believe the CATI token will list at 0.6 to 0.8$, but I will use the premarket price to make this rough estimate.
Now, 43% of airdop's total supply is 430M. According to rumors, the average master league player will receive approximately 2000 tokens. Now, if the coin lists at 0.5, the average master league player will look to pocket $1,000.
However, not all players in the same league will receive the same allocation, but this is the typical rumored allocation for an average master league player. There are requirements such as check-ins, vkitty-per-second, the amount of fish consumed, on-chain transactions, and cat level.
There are probably other requirements that the team has not communicated yet, which is why allocations may differ even between people in the same league. There will be special rewards for early adopters, particularly those who mined the $WCATI token in the first ten days. There will also be large payouts for those who spent a lot of money farming this one.
The catizen team raised a significant amount of money from venture capitalists and received support from Binance Labs. They donated $100,000 from game revenue to help save stray cats all over the world, among other causes.
Furthermore, these calculations may be inaccurate due to factors and information that the team has not provided. My figures are based on actual rumored information, and given that only 500k will receive this airdop, I believe the average player will receive a reasonable sum, which is bullish in my opinion.
Catizen is aggressively enjoyable and likely the most promising airdop available.
Unfortunately, those who plan to start now will be wasting their time, because you need to minimize spending and maximize profit; even if you join right away with a lot of money, you will most likely not have enough time to make your money work for you. I spent about 40$ in rough estimation farming catizen, plus over 4 to 6 hours of daily play and this is quite a huge gamble on my end and I know this, but you can't make profit if you don't take risks. So let us see how this one turns out.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Posted Using InLeo Alpha