Telegram game Catizen announces postponement of airdrops
On July 30th, Telegram game Catizen announced the postponement of the airdrop at X. It said: "Every effort is being made to achieve the best airdrop results for the community, but also considering the long-term development and sustainability of the CATI token. Catizen aims to optimize key elements for a successful listing, including ensuring leading exchanges, ensuring adequate liquidity, providing trading options, and determining the listing price. Factors such as compliance and market sentiment must also be considered. Unfortunately, but some aspects are not entirely under our control. This is where delays can occur."
Catizen added: "In the Token Generation Event (TGE), seed round investors, advisors and teams will receive 0% of CATI tokens. When they receive their tokens after the initial 12 months, there will be a 12-month cliff period after which the tokens will vest for 4 years. This will ensure that no tokens will be allocated to these people on TGE. Catizen is committed to having CATI tokens appreciate after listing to ensure that the community can enjoy more benefits in the long term."