Catizen, a popular tap-to-earn gaming platform on Telegram, has achieved significant growth in its first six months. The platform has surpassed 34 million users and boasts a paid user base of 800,000 with an average revenue per paying user of $33.
Catizen’s publisher, PLUTO Studio, has secured an undisclosed investment from The Open Platform, the largest developer’s group within the TON network. This partnership provides Catizen with valuable regulatory guidance, technical support, and access to HashKey’s extensive network.
HashKey’s involvement in Catizen marks its entry into the TON ecosystem. The company recognizes the growing number of developers on the TON blockchain as a sign of a thriving and prosperous period for the ecosystem.
One of the key factors contributing to Catizen’s success is its ability to attract a large user base. Telegram’s 900 million-strong user base provides a significant advantage for Catizen and other projects built on the platform.
Catizen’s popularity is part of a broader trend of tap-to-earn games gaining traction in the cryptocurrency space. Hamster Kombat, another Telegram-based gaming experience, has also achieved significant user growth, surpassing 300 million users.
Hamster Foundation, the firm behind Hamster Kombat, is aiming to set a new record with the largest airdrop in history. The foundation plans to distribute over $6.43 billion in tokens, surpassing the previous record set by Uniswap in 2020.
Catizen’s rapid growth and success demonstrate the potential of the tap-to-earn gaming model within the cryptocurrency ecosystem. The platform’s partnership with HashKey and its ability to attract a massive user base highlight its potential for future growth.
As the cryptocurrency industry continues to evolve, tap-to-earn games and other innovative applications are likely to play a significant role in driving adoption and engagement.
Read Also: El Salvador's Bitcoin Experiment Yields $31M Profit in 3 Years
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
Comments are closed.