The developer of the Telegram web3 play-to-earn (P2E) game Catizen, Pluto Studio, changed the rules of the upcoming CATI token, angering users.
In a Sept. 14 tweet, Catizen Foundation member Tim Wong announced details about the airdrop tokenomics. Pluto Studio decided to airdrop 34% of the total of 1 billion CATI tokens, while allocating a further 9% to the Binance Launchpool.
The launch pool was not previously mentioned when the developers promised a 43% airdrop. Furthermore, of the 34% that will be airdropped to players only 15% will be part of the season 1 rewards — the remaining 19% will be distributed for quarterly airdrop campaigns.
Dear @CatizenAI Community Members,
Today, we have reached an important milestone – the CATI token airdrop day!
I am very excited to witness this historic moment with you all.
Each CATI token symbolizes your governance rights in the Catizen ecosystem. It is not just a… pic.twitter.com/dSql9raoiE— Tim Wong (@kamentrader996) September 14, 2024
A controversial airdrop
On Saturday Catizen developers revealed how many tokens will be received by players when CATI tokens launch. Many players have since expressed their disappointment in X posts — often criticizing the airdrop allocation. One player wrote:
“Rank 6,054 out of 36 million players but got only 39 CATI. […] How can someone call this fair distribution? We need transparency about the token allocation.”
Users have criticized Catizen developers for saying that in-game vKitty earning rates would be the primary factor for determining airdrop allocations it is no longer the case. The more recent announcement clarified that the team walked back on that promise as a reaction to some players cheating.
Hey Catizens,
On September 14th, following the distribution of CATI tokens in the airdrop, we received numerous inquiries from the community regarding the $vKitty profit speed per second weighting for the airdrop distribution.
We would like to clarify this matter for… pic.twitter.com/aDOUc7Bwot— Catizen (@CatizenAI) September 15, 2024
Another player answered to the Catizen post explaining changes to airdrop allocation by highlighting what they perceived as an injustice. The post claimed that the developers decided to reward players who spent money on the game, but not those who played consistently without spending. The post concluded:
“What Catizen is saying [is] instead of identifying cheaters and banning their accounts, we will reward only those who bought fish and gave us more money”
Players have started using the #catizenscam hashtag on X and lamenting lower-than-expected token allocation after playing the game extensively. DappRadar data shows that Catizen activity dropped massively following the announcement from 1.48 million transactions on Sept. 13 down to 110,620 on Sept. 14.
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