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CATIZEN has officially launched its AirDrop interface, marking a significant milestone in its Token Generation Event (TGE). The CATIZEN team announced that no tokens would be allocated to the team during this phase, underscoring their commitment to community ownership of the project.
No Tokens Allocated for Team, Investors, or Advisors
According to a statement from the President of the CATIZEN Foundation, all tokens distributed in the current TGE are reserved for the community. Specifically, 30.5% of the total TGE supply is allocated as follows: 15% for AirDrops, 9% for launch pools, 5% for liquidity, and 1.5% for funding. Notably, zero percent of the TGE tokens have been reserved for the team, investors, or advisors. This structure ensures that the community retains full ownership and control over the CATI token.
The AirDrop interface is now live, allowing users to participate in the distribution of CATI tokens. Additionally, a simultaneous launch of the Stake to Earn interface provides users with the opportunity to earn rewards by staking their tokens. This dual approach aims to encourage active participation and foster a strong, engaged community within the CATIZEN ecosystem.
In a letter to the community, the CATIZEN Foundation President emphasized the team’s commitment to transparency and fair token distribution, stating, “We believe the strength of CATIZEN lies in its community. By ensuring that all TGE shares belong to the community, we are laying the foundation for a decentralized and robust ecosystem.”
CATI Coin Shines Brightly
Meanwhile, recent market analysis indicates that CATI has reached an important milestone. According to pre-market futures data from the OKX exchange, CATI’s market value stands at the highest among its peers within the TON ecosystem.
As of the writing of this article, CATI coin is trading at $0.7339, according to OKX’s pre-market futures data.
