On August 22, 2024, Catizen officially launched its Game Center, marking a significant expansion in its mini-game platform. The platform will now host 18 blockbuster games, all of which were previously announced in the Catizen roadmap.
These games, already well-known and established on various web2 platforms, will now be integrated into the Catizen Game Center, creating a powerful synergy between web2 and web3 mini-games.
The Catizen Game Center is not just a simple upgrade from its predecessor, the Catizen Gaming Bot. It is a comprehensive enhancement that significantly improves playability, expands the gaming ecosystem, and strengthens Catizen’s commercial landscape.
Unlike new Telegram bots that require development from scratch, these mini-games come with a built-in user base, having accumulated millions of players through IAA and IAP models. This integration is expected to attract a new wave of active mini-game players to the web3 ecosystem.
In recent months, Catizen has successfully implemented the IAP and IAB business models, achieving a web3 user conversion rate of up to 7%. The launch of the Game Center is expected to further increase this rate, drawing in more high-quality users with a comprehensive business model that offers profit-sharing and staking rewards.
A standout aspect of the Game Center is its revenue-sharing model. Users will partake in the platform’s earnings, receiving the full profits from games developed in-house and 30% of the revenue from third-party games.
Additionally, users who stake CATI tokens will receive further token airdrops, driving the value of the CATI token up and consolidating Catizen’s ecosystem advantage.
The Game Center also lays the groundwork for the upcoming large-scale $CATI token airdrop, which is expected to involve nearly 30 million users. By familiarizing users with the utility of the CATI token in advance, Catizen aims to stabilize the token’s value and build a strong user consensus.
Besides the Game Center, Catizen has plans to launch on-chain trading products based on Telegram, further expanding its revenue sources. The first product, an options protocol allowing users to buy 1 Bitcoin for $10, is set to launch in the third quarter of 2024.
Revenue from this protocol will be used to buy back CATI tokens, further increasing their value.
Catizen’s strategy of combining profit-sharing, token appreciation, and user growth is designed to attract more traffic and collaborations, ensuring the platform’s continued success and expansion.
Also Read: Catizen Airdrop Postponed: What’s Happening and Why?
