Paldon’t! Catizen Players Disappointed Over Low $CATI Rewards
After the Telegram-based clicker game, Catizen, revealed to its players the number of $CATI each would earn for farming for almost nine months, the game received backlash because the players were unsatisfied with receiving unfair airdrop rewards.
Whatโs the significance: This article aims to analyze what is the reason behind the backlash and help readers discern which play-to-airdrop games they can join in the future that will pay them what they deserve for giving their effort.ย (Read more: List of Free Telegram Games with Potential Airdrop โ Tap To Earn Games)
Key Details: After knowing the amount of airdrop rewards they would receive, players expressed their disappointment after an alleged unfair $CATI allocation.ย
- Crypto with Khan posted on his X account that even though he reached the Royal League, with the highest level of his cat reaching 325, only got 39.32 $CATI.
- Meanwhile, X user Muhammad Rizwan replied and shared that he got higher rewards than Khan even if the highest level of his cat is just 51, with 47.14 $CATI.
- Another player named Jimmy McGill also shared that at level 31 only, he received 91.39 $CATI.
- On the other hand, Kashif Rajpoot, also provided a September 15 screenshot of him earning 27.42 $CATI despite being an active player for only four days.
- In a private Facebook group called โPinoy Crypto Community,โ an anonymous member, who shared that he only played for three months, the highest level of cat is 37, no referrals, and is not a Telegram premium user, posted that they only got 5.12 $CATI.
Players are asking for transparency on what criteria Catizen followed in distributing airdrop rewards.
- It is because some high-level players received only a small amount of rewards.ย
- While some low-level players received almost equal or higher rewards than the high-level players.ย
- Meanwhile, those who played longer also received a small amount of rewards.ย
- While those who played shorter received almost equal or higher rewards than the high-level players.ย
The Big Picture: Before Catizen distributed the airdrop rewards, the game said that they had detected players using bots to farm points so they would adjust the criteria.
- Since the confirmation of $CATI airdrop, โplayers have already been informed that a big portion of rewards will be based on farming points.ย
โDuring the data review for this CATI airdrop, we discovered that numerous bot accounts exploited this public rule by using scripts to boost their vKitty profit speed, attempting to gain a disproportionate amount of CATI tokens. In this situation, following the original airdrop criterion would significantly undermine the benefits of genuine players and community supporters!โ
However, the players also found out that out of the 34% allocated total supply of $CATI for airdrop, only below 15% of the total supply will be distributed for this campaignโs airdrop to players.
- This means that the remaining token supply will be distributed to the next eight seasons of play-to-earn campaigns, which will happen quarterly.ย
- According to some players, this allocation was not revealed to them and is unfair for earning a small amount of rewards for long-time farming.
- But it should be noted that the 15% allocation is written on $CATIโs tokenomics.ย
โThey first said 43% of the supply would be airdropped to farmers but later changed it to 16%. The airdrop allocation they gave us is small compared to what we were expecting. I will leverage the rewarding events launched by some crypto exchanges like Bitget to earn more CATI.โ
Damien Dotou, X User and Player, Catizen
By the numbers: $CATIโs Tokenomics
- Total Supply: 1 billion tokens
- For Airdrop and Ecosystem Support: 34%
- For Binance Launchpool: 9%
- For Liquidity: 5%ย
- For Treasury: 15%
- For Team: 20%
- For Investors: 10%ย
- For Advisors: 7%ย
Whatโs Next: $CATIโs official listing will be on September 20, 2024, this will allow players to withdraw their airdrop rewards on crypto exchanges.
- However, in the pre-market, 1 $CATIโs price is listed below a U.S. dollar.ย
Question: If the tokenโs actual price on launch will follow the pre-market fiat value, are $CATI rewards worth it?
This article is published on BitPinas: Paldon’t! Catizen Players Disappointed Over Low $CATI Rewards
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