CATIZEN has rolled out its AirDrop interface, emphasizing its promise of community-centric token distribution. Notably, the project has decided against allocating any tokens to its team during this Token Generation Event (TGE). This move highlights CATIZEN’s dedication to ensuring that the community holds significant ownership stakes in the project.
No Tokens for Insiders
The CATIZEN Foundation President revealed the token distribution details for the TGE, stressing that all tokens are earmarked for community use. Among the total supply, 15% is designated for AirDrops, 9% for launch pools, 5% for liquidity purposes, and 1.5% for funding initiatives. Importantly, no tokens are allocated for the team, investors, or advisors, reinforcing the community’s control over the CATI tokens.
How Does the New Interface Benefit Users?
The activation of the AirDrop interface allows users a seamless way to access CATI tokens. Concurrently, a Stake to Earn feature has been introduced, encouraging users to stake their tokens and gain rewards. This strategy is intended to engage the community actively and build a vibrant ecosystem around CATIZEN.
Key Insights from CATIZEN’s Move
The following points summarize the core takeaways from CATIZEN’s recent strategy:
- All TGE tokens are reserved for community distribution, ensuring community control over the project.
- The AirDrop and Stake to Earn interfaces aim to boost user engagement and participation.
- The decision aligns with CATIZEN’s commitment to transparency and fair token distribution.
The CATIZEN Foundation President affirmed the organization’s commitment to transparency, emphasizing that the true strength of CATIZEN lies within its community. By entrusting the community with all TGE shares, they aim to establish a decentralized and robust ecosystem. Meanwhile, CATI token’s market value has climbed to a notable position within the TON ecosystem, trading at $0.7339 as per OKX’s pre-market futures. This progress marks a significant achievement for the CATI coin, poised for further growth.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/catizen-prioritizes-community-in-token-launch