Catizen, a rapidly growing Web3 app, has surpassed 1 million paying users, making it the first consumer-level Web3 platform to achieve this milestone. The success comes ahead of the official launch of the $CATI tokens on September 20th. Catizen has shown impressive growth, with over 39 million total users and 18 million active monthly users as per Telegram.
🐱 @CatizenAI is now the first consumer-level Web3 app to surpass a million paying users!
Before $CATI token official launch on 20th of September, Catizen has already achieved remarkable growth, with over 39M total users and 18M active monthly users. 🔥
Learn more ➡️… pic.twitter.com/Gmvc056rxp
— TON 💎 (@ton_blockchain) September 18, 2024
In the lead-up to the token launch, with 8 million daily active users, Catizen’s “Stake to Earn” activity has also seen remarkable engagement indicating strong community involvement.
The game also has more than 3 million cumulative on-chain active users and more than 39 million on-chain interactions recorded, indicating increased network activity and adoption within the crypto community.
Previous User Frustration
Despite these impressive achievements, the Telegram game has faced a setback recently. Many of the early users felt betrayed when they did not receive the promised amount of tokens and the fact that the token allocation was changed at the very last moment This move sparked feeling of dissatisfaction amongst the community members.
However, to control the damage caused, the Cat-themed game then announced an additional Token Generation Event, which might be one of the reasons for this surge in user growth and engagement. It seems that this move has worked in the favor of the game as it is helping the platform to bounce back from the setback.
A Bright Future Ahead for Catizen
With this achievement and $31 million in revenue, Catizen is positioning itself as a leader in the Web3 space. As the platform prepares for the official launch of $CATI tokens, its combination of user growth and user engagement signals a promising future for the company, despite the challenges it has faced along the way.
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Source: https://www.cryptonewsz.com/catizen-hits-1m-paying-users-18m-monthly-users/