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Ton ecological chain game Catizen announces delay of airdrop.

Sep 11, 2024 22:08:23

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ChainCatcher news, the Telegram game Catizen announced on X that the airdrop has been postponed. It stated: "We are doing everything possible to achieve the best airdrop results for the community, but we are also considering the long-term development and sustainability of the CATI token." Catizen also explained that in order to optimize a successful listing, factors such as leading exchanges, ensuring sufficient liquidity, providing trading options, determining listing prices, compliance, and market sentiment need to be comprehensively considered. Some aspects are not entirely within control, which is also a reason for the potential delay of the airdrop.

In addition, during the TGE period, seed round investors, advisors, and the team will not receive CATI tokens. When they receive the tokens after a 12-month lock-up, there will also be a 12-month cliff period, after which the tokens will vest over 4 years.

Previous report, Catizen initially stated in official documents that the airdrop would take place in the second quarter, and later announced that it would be held in July. Additionally, Catizen is about to launch its gaming platform.

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