Catizen Earns $16 Million, Praised by Telegram CEO Pavel Durov

2024-07-24

Catizen Earns $16 Million, Praised by Telegram CEO Pavel Durov.webp

BittimeTelegram CEO Pavel Durov announced that tap-to-earn crypto game Catizen has generated $16 million from in-app purchases. This announcement shows the huge success of Catizen among Telegram users and crypto enthusiasts.

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Catizen Success

In a message posted on the Telegram messaging app, Durov stated, "Catizen is a mini game on Telegram with over 26 million players. The game has generated $16 million from in-app purchases and donates 1% of its revenue to saving street cats."

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The Popularity and Influence of Catizen

Catizen is not only popular among gamers, but has also contributed to the introduction of blockchain to millions of people. This game uses smart contracts based on The Open Network (TON) to provide in-game rewards. Thus, Catizen introduces blockchain technology to a wider user base.

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Growth Drivers

Durov also revealed that Telegram now has around 950 million users worldwide, which is a large potential market for games like Catizen. Additionally, Pluto Studio, publisher of the game Catizen, is backed by Binance Labs, demonstrating strong support from the crypto ecosystem.

Income and Donations

Ricky Wong, co-founder of Pluto Studio, revealed that average revenue per user has increased to $30.7 per paying user this week. Additionally, Catizen has donated 1% of its revenue to save street cats, demonstrating the social commitment of the game developer.

Future Potential

Simple tap-to-earn games like Notcoin, Yescoin, Hamster Kombat and Catizen have attracted tens of millions of users in recent months. Both Catizen and Hamster Kombat are expected to launch their own tokens soon, which could increase participation and interest from the crypto community.

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Conclusion

Catizen's success shows the huge potential of blockchain-based tap-to-earn games. With support from Telegram and Binance Labs, as well as a social commitment to saving street cats, Catizen is not only attracting users' attention, but also making a positive impact in the real world. Pavel Durov and the team at Pluto Studio continue to innovate and introduce more people to the world of blockchain through this interesting and rewarding game.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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