Catizen, a gaming bot available on the messaging app Telegram, offers users a cat-themed virtual environment where they can enjoy games, earn real-world value, and actively participate in the Web3 ecosystem. This innovative concept combines gaming and decentralized finance, known as GameFi, which has gained immense popularity, especially for its play-to-earn (P2E) model that allows players to earn real-world rewards.
While the GameFi market was valued at $12.72 billion in 2023, experts predict that it could reach a staggering $94.57 billion by 2032. However, despite its rapid growth, GameFi still lags behind the global video game market, which is projected to reach $455.30 billion by 2024.
To bridge this gap, innovative Web3 platforms are emerging, aiming to create a global community centered around empathy, kindness, and social responsibility. One such platform has chosen cats as its mascots, recognizing their therapeutic qualities and aiming to inspire a movement towards a better future.
Catizen, the gaming bot on Telegram, leverages the potential of GameFi and Web3 to focus on the social benefits of games. It provides players with a virtual environment where they can relax and find comfort away from the fast-paced and stressful world of crypto and gaming. The game structure is easy to play and quick to learn, ensuring that players have an enjoyable experience while also benefiting from the dynamics of play-to-earn games.
In the whimsical Meowverse, players start with a digital cat that not only serves as their companion but also unlocks additional game features and rewards. Users can merge and enhance their cats, climb the leaderboards, and gain greater benefits as they progress. The platform also features an artificial intelligence game called Al Kitty, where users can care for and raise kittens, as well as help cats make friends. Younger players can learn and grow alongside the cats.
What sets Catizen apart from other Web3 projects is its revenue generation through in-game purchases. While the crypto interaction rate on Telegram is only 0.66%, Catizen boasts a much higher rate of 7%. This means that Catizen users are more actively participating in onchain transactions on the platform compared to the smaller percentage on Telegram.
Catizen’s community-driven initiatives are also making a tangible difference. With over 1.7 million players, nearly 1.25 million onchain users, and over $10 million in-game purchase revenue generated in just ten weeks, Catizen pledges to donate 1% of its in-game purchase revenue to nonprofits, with the community voting on the beneficiaries. The platform also encourages users to share stories of saving stray cats, fostering a sense of unity and purpose. In just one week, the community shared over 10,000 posts about their experiences with stray cats, showcasing their active participation.
In the future, Catizen aims to become a cornerstone mini-app within the TON ecosystem, spreading the healing power of cats to users worldwide. Their mission, encapsulated in the motto “Catizen Vibe, Heal the World,” is to create a better future through the joy of gaming and the strength of community. The platform also plans to introduce voting for nonprofit institutions, allowing the community to choose which organizations to support. Token holders will not only be members of the Catizen community but also cat lovers and advocates.
Despite the scientifically proven benefits of cats for human health, many stray cats face unfair treatment worldwide. In a world marked by division and conflict, the Catizen team believes that the simple yet profound presence of cats can inspire humanity to create a better future.
To learn more about Catizen, visit their website. Please note that Cointelegraph does not endorse any content or product mentioned in this article, and readers should conduct their own research before making any investment decisions.