Telegram’s Catizen (CATI) Game Raises $16 Million, Helps Save Stray Cats

The imaginative gaming bot Catizen on Telegram has earned a strong $16 million from in-game purchases in the previous couple of days. This sport boasts a large fan base and has a superb affect by serving to stray animals – cats, particularly. Along with being very worthwhile, it additionally offers a p.c of its income to animal welfare teams. This mixture of giving and enjoyable is including a complete new dimension for the gaming business.

One of the vital usually used video games on the Telegram platform, Catizen is a digital realm devoted simply to feline-themed adventures and has drawn an incredible 26 million customers. These concepts come collectively on this small app that blends video games, Synthetic Intelligence, crypto and the metaverse.

Catizen: Technical Triumph

Catizen stands out as a result of it really works completely with The Open Community (TON) blockchain. Not solely did TON’s good contracts assist Catizen enhance its in-game prizes, additionally they let different builders begin Telegram blockchain-based tasks.

Picture: GitHub

Pavel Durov, the founding father of Telegram, has praised the Catizen workforce for its efforts. Famend for his love of each know-how and animals, Durov has proven pleasure in regards to the success of the sport and its half in introducing blockchain know-how to a wider viewers.

Dogizen, his subsequent gaming undertaking, makes an attempt to convey the feline obsession into the canine sphere, subsequently augmenting Telegram’s portfolio of digital breakthroughs.

Supply: Pavel Durov/Telegram.

Traders Pounce: Binance Labs Makes Catizen Guess

Individuals who work with investments have seen how properly Catizen has accomplished. Binance Labs, the enterprise capital a part of the largest cryptocurrency alternate on this planet, has put cash into Pluto Studio, the corporate that made Catizen.

We’ve invested in @PlutoVisionLabs

Pluto Studio is the GameFi publishing platform that launched @CatizenAI.

Learn extra👇https://t.co/QmfVDnetyd

— Binance Labs Fund (@BinanceLabs) July 23, 2024

As of July 24, the worth of CATI on the pre-market of the Bitget alternate has gone up by nearly 300%. It started buying and selling at $0.24 and went as much as 0.43 USDT an hour after the official pre-market launch. It then went above $0.5 a couple of hours later and reached a excessive of $0.69 on the identical day.

$CATI @CatizenAI pre-market buying and selling is now LIVE on #Bitget.

Commerce $CATI earlier than it turns into obtainable for spot buying and selling!

🔥 Commerce now: https://t.co/oxVUzuacGb

— Bitget (@bitgetglobal) July 24, 2024

Telegram will quickly launch a Mini Apps retailer and add web2 help by the tip of the month. These new additions to the corporate’s growth program is anticipated so as to add extra worth to Catizen’s visibility and enchantment, attracting further builders and customers to Telegram.

Total, Catizen’s rise from a Telegram bot to a multi-million greenback success story exhibits how cellular gaming, cryptocurrency and blockchain integration are creating.

Featured picture from Pexels, chart from TradingView