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

Catizen

A game bot named Catizen on Telegram has generated $16 million through in-game purchases, with a portion of the profits going towards animal welfare causes. The game, which focuses on cats and boasts a large following, has made a significant impact by supporting stray felines and introducing a charitable element to the gaming industry.

With a user base of 26 million, Catizen is one of the most popular games on Telegram, offering virtual adventures centered around cats and incorporating elements of Artificial Intelligence, blockchain technology, and the metaverse for an immersive experience.

Catizen: Technical Triumph

Catizen’s success can be attributed to its seamless integration with The Open Network (TON) blockchain, which not only enhances in-game rewards but also enables other developers to initiate blockchain projects within the Telegram ecosystem.

Telegrams Catizen Cati Game Raises 16 Million Helps Save Stray-Bitrabo

Pavel Durov, the founder of Telegram, has commended the Catizen team for their accomplishments. Known for his passion for technology and animals, Durov is enthusiastic about the game’s triumph and its role in introducing blockchain technology to a wider audience. His next project, Dogizen, aims to extend the concept of specialized animal-themed gaming to the realm of canines, further diversifying Telegram’s digital offerings.

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Telegrams Catizen Cati Game Raises 16 Million Helps Save Stray-Bitrabo

Investors Pounce: Binance Labs Makes Catizen Bet

Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, has invested in Pluto Studio, the developer behind Catizen, recognizing the game’s financial success and potential.

The price of CATI on the Bitget exchange’s pre-market saw a nearly 300% increase on July 24, starting at $0.24 and soaring to $0.69 the same day. Telegram plans to launch a Mini Apps store and introduce web2 support by the end of the month, anticipating increased visibility and engagement for Catizen, contributing to the ongoing evolution of mobile gaming, cryptocurrency, and blockchain integration.

Featured image from Pexels, chart from TradingView

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