• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

‘Catizen’ Players Angry After Surprise Changes to Telegram Game Airdrop

September 15, 2024
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Friend.tech Calls Out Incorrect Reports Alleging Data Leak
0
SHARES
10
VIEWS
ShareShareShareShareShare

Catizen’s path to its upcoming token launch on September 20 has been rocky, with players complaining about a previous delay and other moves. But now some players are up in arms again after the airdrop allocations were revealed, with developer Pluto Studio admitting to criteria changes that weren’t disclosed ahead of time.

Pluto revealed to players Saturday how many tokens they are set to receive when the Telegram game’s CATI token launches on The Open Network. The token isn’t yet live and players don’t know how much each token will be worth when it hits the market on September 20.

However, many players have expressed disappointment on Twitter (aka X) that their share of rewards was lower than expected. CATI will have a total supply of 1 billion tokens, with 305 million tokens circulating at launch—and some players who say they were grinding hard in the Telegram puzzle game thought they’d get a larger share of the pie.

“Rank 6,054 out of 36 million players but got only 39 CATI,” one player claimed. “How can someone call this fair distribution? We need transparency about the token allocation.”

What catizen is saying

✔️Honest players are those who spent money buying stuff in the game
✔️Those who had no funds and played the game every single day (16-24 hours) are cheaters

Also;
✔️Instead of identifying cheaters and banning their accounts, we will reward only those who…

— HamstringFCB⚡ (@hamstringFCB) September 15, 2024

Other players similarly complained of single-digit or double-digital CATI allocations in viral tweets, despite claiming to have played extensive amounts of the game. Quickly, the hashtag “#catizenscam” began trending across Twitter.

But the complaints aren’t only focused on the number of tokens allocated to players. They also came following changes to the token distribution model and allocation criteria that were not previously communicated.

Pluto had previously announced that 43% of the token supply would be given to the community—but Friday’s announcement that only about 30% of the supply would be circulating at launch raised plenty of questions among players.

Over the weekend, the developers clarified that 43% of the supply will be allocated to “airdrop and ecosystem,” but that the total includes the 90 million tokens (9% of total supply) being offered to Binance customers who stake coins via a Launchpool rewards campaign. That promotion was just announced on Friday.

Just 15% of the total supply (or 150 million tokens) will be used for the initial airdrop to players, with more granted as play-to-earn rewards in quarterly in-game seasons.

There’s a further change drawing scorn from some players. Previously, Catizen’s team said that players’ in-game vKitty earning rate—which is boosted by playing the cat-matching puzzle game—would be the primary determinant in airdrop allocations.

But early Sunday, after the airdrop allocations had been revealed to players, Pluto said that it had actually changed the design of the airdrop after discovering that some players had used means to artificially boost their earnings.

“During the data review for this CATI airdrop, we discovered that numerous bot accounts exploited this public rule by using scripts to boost their vKitty profit speed, attempting to gain a disproportionate amount of CATI tokens,” it wrote. “In this situation, following the original airdrop criterion would significantly undermine the benefits of genuine players and community supporters!”

As such, the airdrop criteria was shifted to minimize the vKitty profit speed, and instead focus on “factors that more accurately reflect genuine player activities, such as: on-chain interactions, task completions, and fish coin purchases and consumption.”

Because some of those criteria are based around spending money in the game—and Pluto had recently boasted of earning some $27 million from paying players—used unhappy with their airdrop allocations complained that Catizens team had executed a bait-and-switch at the expense of those who had invested time rather than money.

Decrypt reached out to Pluto Studio for comment on the complaints and changes, including why it did not instead ban players who had cheated rather than alter the criteria for all users—but did not receive an immediate response.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Venture Capitalist Chris Burniske Says Subtle Signs of Crypto Bull Market Flashing Amid Depressed Sentiment

Next Post

Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO

Next Post
Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO

Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO

You might also like

Analyst Predicts 1,500% XRP Price Increase To $15 If This Is A Wave 2

Analyst Predicts 1,500% XRP Price Increase To $15 If This Is A Wave 2

March 6, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

ElevenLabs Exits Beta With 28-Language AI Voice Model After $11B Valuation

March 6, 2026
Circle CEO Allaire Supports Binance Stablecoin Decision

Circle Deploys USDC and CCTP on Morph Layer-2 Network

March 11, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

UNI Price Prediction: Targets $4.15 by End of March 2026

March 8, 2026
Hayes Says Hyperliquid’s HYPE Is Headed To $150 By August 2026

Hayes Says Hyperliquid’s HYPE Is Headed To $150 By August 2026

March 10, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Price Prediction: Technical Recovery Targets $125-$140 by April 2026

March 9, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Hyperliquid (HYPE) Under The Lens: These 3 Metrics Point To Severe Undervaluation

Hyperliquid (HYPE) Under The Lens: These 3 Metrics Point To Severe Undervaluation

March 12, 2026

Bitcoin Price Prediction: Elon Musk’s X Money Could Beat Bitcoin, Claims Famous Analyst

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.