# Explore the Meowverse with Catizens!
Catizen is a unique, cat-themed social entertainment experience on Telegram, blending playful interactions with the power of the TON Blockchain. As a revolutionary gaming bot, Catizen not only simplifies Web3 access but also makes mobile payments seamless, transforming the way users engage with decentralized technologies.
Building on Telegram’s vast user base, Catizen is designed to become a hub for Web3 activities, combining a mini-app center with Launchpool and an Open Task platform. By gamifying the Attention Economy and leveraging Decentralized Value Realization, Catizen creates an ecosystem where users can enjoy engaging, fun, and rewarding experiences.
Catizen ecosystem is growing to support multi chains and multi platforms starting from Telegram. We believe in Telegram which champions freedom of speech and privacy, on top of which we also champion compliance and safety in gaming. Our compliance measures are in place to uphold these values, protect the platform and its users from the misuse of the platform, making our ecosystem safe for everyone.
Our vision is to drive the future of Web3 entertainment, with Catizen at the heart of this vibrant, cat-inspired community.
# Mission & User Analytics
Catizen aims to onboard and educate the vast Web 2.0 user base to Web3 through its exclusive partnership with TON and Telegram. By integrating the strengths of both platforms, Catizen is evolving into a fully-fledged ecosystem featuring a game center and launchpool, creating a smooth and engaging transition for users into the Web3 world.
This strategic collaboration positions Catizen to become a Web3 traffic hub, targeting billions in potential user engagement. With transparent in-game asset purchase data, accessible via third-party platforms or on-chain transactions, community members, investors, and partners can easily monitor the project’s economy and growth at any time.
Catizen launched CATI token on Sept 20, 2024, and CATI token is the universal token in Catizen Ecosystem. Currently, Catizen facilitates the purchase of in-game consumable items using Telegram Stars, USDT, TON, NOT, and MNT. Catizen has already become the top project in the TON and Telegram ecosystems, ranking highest in the consecutive of 4 seasons in The Open League based on daily, weekly, and monthly user growth and on-chain activity.
### Catizen Data Performance (As of to Aug 12 ,2024)
* Total In-Game Players: 28,539,037
* Telegram Premium User: 2,125,519
* Total ON Chain User: 1,730,868
* 1,236,259 (TON)
* 494,609 (Mantle)
* Total Accumulated In Game Purchase Received: 20,026,623 $USD
* 1,699,931$TON ≈ 12,749,482 $USD
* 1,038,011$USDT ≈ 1,038,011 $USD
* 131,216,255 ($NOT) ≈ 1,901,163 $USD
* 1,008,470 ($MNT) ≈ 1,008,470$USD
* 166,474,895 ($STA) ≈ 3,329,497 $USD
* Total Paying User: 589,784
* ARPPU: Approx. 33.9 $ Per In Game Payer
* Social Media Data
* X Follower: 2,114,056
* Telegram Chat Group: 400,000
* Telegram Announcement: 5,269,840
### Key Features Overview
While Catizen is easy to pick up and enjoy as a fun, cat-themed game, it also functions as a social network and an earning platform. Through blockchain technology, \*Catizen\* offers players true ownership of the resources they earn in-game, blending entertainment with the potential for financial reward in a decentralized environment.
What sets Catizen apart from traditional games is its player-owned economy, powered by the blockchain. This design allows players to participate in a complex, community-driven ecosystem where their in-game achievements hold real-world value. By creating an open economy, Catizen empowers its users with tangible rewards, following a model where loyalty and engagement are rewarded with assets that can be traded or staked for additional earnings.
Players can progress in the game and grow their resources through various methods:
* **Cat Upgrades:** Merge and upgrade cats to earn higher rewards and climb leaderboards.
* **Fishing**: Use FishCoins to compete in fishing activities for leaderboard prizes.
* **Invite to Earn:** Invite new players and receive FishCoins, expanding both the community and your earnings
* **Quest Center:** Complete in-game tasks to earn FishCoins, upgrade cats, and join Launchpool campaigns.
* **Staking and Mining:** Stake high-level cats or FishCoins in the Launchpool to earn points and assets, transforming your gameplay into a meaningful investment.
Catizen represents the future of Web3 gaming, making decentralized economies accessible and engaging for a wide audience, and paving the way for mainstream blockchain adoption.
***Disclaimer***
*Please note that nothing in this whitepaper should be considered financial advice. Catizen is a Gaming Bot that incorporates unfinished, risky, and highly experimental technology. Development priorities, roadmaps, and features are subject to thorough modification based on research, traction, community feedback, and numerous other factors.*
# Gameplay
Catizen is structured as an open digital MEOWverse. Cats of different levels can be considered credentials for players, serving as a prerequisite for accessing the Launchpool.
The Catizen team will continue to introduce more high-quality assets, continually bringing new value to the Catizen community. Catizen aims to be an ever-innovative and fun mini-game hub.
# How to Obtain $CATI Through the Game
**$CATI tokens** are not directly generated by playing the game. Instead, they are distributed through airdrops based on each player's in-game contributions to the ecosystem in airdrop events.
Contributions include user activity levels which will help us assess authenticity and reliability. The frequency of on-chain interactions, in-game social behavior, and daily task completion are some of the key criteria that help us verify the authenticity of real users.
### Overview of In-Game Mechanics
The main factors affecting game scores include:
* **vKitty Coin Earning:** Higher-level cats generate more earnings, requiring players to invest more effort in nurturing their cats.
* **FishCoin Consumption:** FishCoin purchase and consumption can quickly assist players gain significant earnings in a short period.
* **wCATI:** An exclusive gift for the 1st Catizen Launchpool participants, with no more to be issued. Holders of wCATI will receive extra Catizen Airdrop shares!
* **xZEN:** The special reward for those completing assists and on-chain interactions in Catizen, representing the social spirit of our airdrop.
# $CATI Tokenomics
$CATI will be $CATIZEN's JETTON governance/utility token. If $CATI holders stake their tokens, play games, and participate in key governance votes, they will be able to earn rewards (Third Party’s Utility Token or In-game virtual rewards) through **Launchpool and Task Center**.
### Allocation
CATI, as the governance token of the Catizen ecosystem, has a total supply of 1 billion, which will never be increased. The releasing schedule and economic models:
✅ Airdrop and Ecosystem 43%
* Airdrop 34%
* 15% TGE 100%, for Season 1 Player Reward.
* 19% TGE 0%, For the remaining portion of airdrop, it will be used for quarterly season airdrop campaign, rewarding players in future seasons. 9,900,000 tokens (0.99%) will be airdropped in the beginning of second quarter. This figure will increase by 10% every quarter until the 7th quarter, after which the release is linear. The entire airdrop process will be completed within 12 quarters following the TGE.
* Launchpool 9%, TGE 100%
✅ Liquidity 5%, TGE 100%
✅ Treasury 15%, TGE 10%, 12-month cliff, 48-month linear release
✅ Team 20%, TGE 0%, 12-month cliff, 48-month linear release
✅ Investors 10%, TGE 0%, 12-month cliff, 48-month linear release
✅ Advisors 7%, TGE 0%, 12-month l cliff, 48-month linear release
According to this model, during the TGE phase, we will release 30.5% of the total supply, with the player airdrop part being 15%, accounting for 50% of the initial total supply. The remaining 50% will be used for Launchpool (9%), liquidity (5%), and treasury (1.5%). This ensures sufficient initial circulation but also allows continuous momentum in the long-term development of the ecosystem.
# Community
Catizen is a casual game derived from a Telegram Bot, where both users and the core development team are motivated to work together towards the vision of Web3 massive adoption. In March 2024, the Catizen Beta version went live on the TON mainnet.
In early August, Catizen was presented as the showcase in promotional video published by the Telegram Mini App Center and spread among the TON and Telegram community.
Catizen is widely recognized as the largest and strongest community within the TON blockchain ecosystem. Even when compared to traditional Web2 mini-games, Catizen’s community growth and size are impressive, with exponentially increasing DAUs and a stable on-chain user conversion rate.
Catizen’s community players actively create and share cat-related cultural content to build and enhance the community atmosphere. Examples include:
* Creating short videos by merging cats using AI and producing blockbuster-style content, which Catizen then shares officially:
* [Telegram Post](https://t.me/CatizenAnn/220)
* [Twitter Post](https://x.com/CatizenAI/status/1792798315496751477)
* In the Catizen Short Video Creation Camp, the Catizen community has produced over 6,000 cat-related short videos: Short [Video Creation Camp](https://t.me/CatizenAI/10787/497511)
* The community collectively comments "#MEOW" on Twitter or other forums, creating a strong cultural consensus. Even the official TON blockchain account participates in discussions about cat culture.
* In the Catizen Vibe Heal the World Campaign, the Catizen community has actively posted their stories about saving stray cats, over 20k stories shared.
### Launchpool and Third Party Collaboration
We believe that Catizen can attract more high-quality blockchain projects to the TON ecosystem. Catizen will serve as a powerful Launchpool connecting large communities with great projects.
The Catizen community will develop various tools and experiences to continually optimize user experience, including:
* **Tools for evaluating projects**
* **Community player voting tools**
* **Standards and rules for community player participation**
* **Efforts to secure potential value benefits for the community**
# Decentralized Organization
### Foundation as a Non-Profit Entity
* **Role and Responsibilities:** The non-profit foundation, Catizen Foundation Company, of Catizen oversees the general governance of the ecosystem on behalf of the DAO. The foundation’s daily tasks include managing the issuance of tokens, overseeing the distribution of resources, signing with mini app / mini games (“Candidates”) which list themselves in the game centre, airdropping tokens to contributors to the ecosystem. Subject to DAO voting results, there can be improvements in token model including repurchasing/burning of tokens (for example, with 50% of the game center revenue, eco game assets, etc), distributing of tokens to the developers in the ecosystem as grants, and other legally allowed ways which can bring improvements to the ecosystem. Thus $CATI is a token that is driven by the community and we expect the tokenomics to continue to improve transparently with the participation of the token holders.
* **Decision-Making:** The foundation employs a decentralized governance model where major and legally feasible decisions are made through community voting, involving token holders, which could include players, developers, and other stakeholders.
### Initiating the $CATI Token DAO Governance Model
The DAO governance model for the $CATI token will commence within 12 months after the TGE so the Catizen team has enough time to conduct trial runs of various in-game models, gather feedback and facilitate a smooth transition to DAO governance model.
The proposal and voting platform for Catizen DAO will be implemented and executed through the[ TON Vote](https://ton.vote/) platform.
1. **Intent Survey:** Community members initiate a proposal discussion on the forum and then evaluate it through a vote in Catizen's Snapshot space. If the proposal receives at least 1% approval from $CATI holders within 3 days, it is considered to have sufficient support to move to the next stage.
2. **Consensus Survey:** The potential proposal is formally discussed on the forum, followed by another Snapshot vote on specific options (including a make-no-change option). If any specific option of the potential proposal receives at least 4% approval from $CATI holders within 5 days, it can proceed to the next stage.
3. **Governance Proposal Submission:** The winning option from the previous stage is edited, audited, and proposed, then submitted to the governance portal for on-chain voting. A 7-day voting period determines whether the proposal passes. Alternatively, if the proposal initiator holds more than 1% of the tokens, they can directly submit the proposal for on-chain voting, with a 7-day voting period to determine whether it passes.
4. **Governance Proposal Execution:** Proposals that pass (winning the vote with at least 7% of the total votes) will have their code queued in the Timelock, to be executed two days later.
### Proposal Status
* **Pending:** The proposal is in the delegation period (waiting for members to delegate weight to the delegate address, voting not yet open).
* **Active:** The proposal is in the voting period.
* **Canceled:** The proposal has been canceled.
* **Defeated:** The proposal was rejected (not passed).
* **Succeeded:** The proposal was successful (passed).
* **Queued:** The proposal is in the execution queue (waiting for the grace period to end).
* **Expired:** The proposal has expired.
* **Executed:** The proposal has been executed.
### Governance Metrics
| **Project** | **Proposal Submission Condition** | **Approval Condition** |
| ----------- | ------------------------------------------------------------------------------------------- | ---------------------------------------------------------- |
| Catizen |
1. First stage requires 1% approval votes
2. Voting requires 4% approval votes
| The winner of the vote with at least 7% of the total votes |
\
Management across chains
------------------------
The $CATI token was issued primarily on the TON blockchain as a Jetton token, with **maximum supply in circulation of CATI tokens across all chains capped at 1 billion.**
* **The TON CATI token address** -> EQD-cvR0Nz6XAyRBvbhz-abTrRC6sI5tvHvvpeQraV9UAAD7
While $CATI now can be bridged to Mantle Network via Bybit exchange, where users can deposit CATI tokens from the TON blockchain to Bybit and then withdraw them to the Mantle Network.
The bridging addresses are as follows:
* **TON CATI Bridge** (lock-up for Mantle tokens) -> EQC5MqInXEZmhqe2dT4ItnMDIbc32xyS0PF39glnh6C0YpuZ
* **MANTLE CATI Bridge** (lock-up for TON tokens) -> 0xa9758fA17ae8fF959f8E77d15e2C8515378cF3a6
CATI Token released on the Mantle Network are equivalent to the amount of CATI locked in the TON CATI Bridge address, ensuring that **the maximum supply in circulation of CATI tokens across all chains capped at 1 billion.**
### To ensure transparency, we are making all CATIZEN accounts in relation to the disclosed economics publicly available for the community to monitor.
Here are all the account addresses and remaining balances for everyone to check against the vesting and usage:
**Total Supply**: 1,000,000,000 CATI
* **TEAM 20%** -> EQAQqBr3yCDR1IVpwiB6buTRAg21DquV3wMcXpNS7tvAdZox
* **Advisor 7%** -> EQDcU1sWrpxjdwFtZJyHMmZQBdc07lV9jRZOaAUcZLdJin5w
* **Investor 10%** -> EQCEFQAYZhMGXT6GDpdIOlYYJ1iMqmiXAwh9vkU-s4Ovcin-
* **Airdrop & Launchpool 43%** -> EQCWfRCrZNpLhjGwl5xhX6-TbUrPYDEIlMd-Iob94YRddbp4
* **Liquidity & MM 5%** -> EQDqL05dpVypXieaGrHdZXD9AmZI\_vCjTCSHvwzUuZ3DKsFK
* **Treasury 15%** -> EQAnbLTnSI6rwqmvKwWge2rWpkG24cDTS0l5D1blnaiMDdME
# Key Metrics
TON -> [On-Chain Data](https://tonalytica.redoubt.online/dashboards/134-catizen-dashboard\)) | [TON Scan](https://tonscan.org/address/UQBj96aEiJlFV4Si16ajonjQRHf_OOb-80WXTOOUTHxd8h0a)
Mantle -> [On-Chain Data](https://query.nansen.ai/public/dashboards/pVgymyeSblvserA7W3wgMkhPHH449th4BiRe5NG1?org_slug=default) | [Mantle Scan](https://mantlescan.xyz/address/0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71)
### Transition of Data Dashboard Interface
Due to the possibility of ReDoubt shutting down or transitioning to a private service provider in the future, Catizen's data dashboard interface may switch from ReDoubt to Ton.app.
### Ecosystem partners
1. #### The governing foundation and the issuing entity
Catizen Foundation Company is a founderless non-profit foundation company which allocates $CATI to communities and ecosystem partners such as developers, operators, KOLs, etc, according to the tokenomics to grow and sustain the Catizen ecosystem. This structure is beneficial because it allows the foundation to focus on the overall sustainability and ethical standards of the ecosystem without the pressure of profitability, while leveraging on the innovation and efficiency arising from for-profit partners compensated by $CATI. Catizen Limited, a subsidiary of Catizen Foundation Company, is the issuing entity of $CATI.
2. #### Profit-Making Ecosystem Partners examples
Developers and Operators: These partners such as the very first development partner, Pluto Studio Limited (“Pluto”), are generally responsible for building, maintaining, and operating the game and its infrastructure. They profit from their services through publishing, revenue sharing with the foundation, or charging on the transactions.
Promoters and Marketers: These partners handle marketing and user acquisition. Their earnings are typically tied to their performance in growing the user base and engagement levels.
Advertisement Partners: provide traffic for them by installing, task centre will have tasks for players to interact with this kind of partners and $CATI will be airdropped to them upon the completion of the tasks.
Others: Catizen itself will also act as a traffic redistribution platform, collaborating with external projects to become a platform charging corresponding service fees to projects or partners such as OKX Wallet, Mantle Network, and TON Stars.
3. #### Agreements and Relationships
Service Level Agreements (SLAs): Detailed contracts specifying the services to be provided by the developers and other service providers.
Revenue Sharing: Catizen Foundation Company will charge a percentage of revenue generated from the traffic in the game centre by the other projects.
Intellectual Property (IP) Rights Agreement: Defines who owns what IP created during the development and operation of the game, typically favoring the foundation to control key game assets.
# Technology
### TON Blockchain & Multi-Chain Ecosystem Deployment
In 2023, we chose TON as our platform due to its exclusive strategic partnership with Telegram, which boasts 900 million monthly active users. This partnership provided multiple straightforward integration entry points, including vertical wallets, facilitating seamless interaction between the two platforms. Our decision to build on TON was driven by the platform's scalability and rapid community expansion, aligning perfectly with our vision of onboarding a substantial number of Web2 users into Web3.
We are dedicated to enhancing the TON ecosystem by bridging the gap between Web2 and Web3 users. Recognizing that the TON ecosystem lacked sufficient Web3 project development teams and attention from Web3 native users, we saw an opportunity to leverage Catizen’s strong community cohesion and user-friendly approach. Catizen is not only poised to attract more Web2 users to the TON ecosystem but also to act as a conduit connecting other Web3 ecosystems to TON. This commitment led us to partner with Mantle Network for a multi-chain deployment strategy, further solidifying our role in the growth and improvement of the TON ecosystem. Catizen is also considering to apply the success of operation on to other blockchains ecosystem.
### Smart Contracts
#### Mantle Contract
* Daily Task Contract (Daily Check-in)
Address: [0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71](https://mantlescan.info/address/0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71)
* Payment Contract
Address: [0x2F1f120670b730e157Acc1c9674a3B7592bE4Ebc](https://mantlescan.info/address/0x2F1f120670b730e157Acc1c9674a3B7592bE4Ebc)
* Staking Contract
Address: [0xB9287D2AF3360191Fe9cBe1C8aaC530298EdE0BF](https://mantlescan.info/address/0xB9287D2AF3360191Fe9cBe1C8aaC530298EdE0BF)
#### TON Contracts
* Daily Task Contract (Mission Center)
Address: [EQAMl6BVegC0IOZPLhLzWBHCnK4iO4G5eNu4qn\_NKQnoISvm](https://tonviewer.com/EQAMl6BVegC0IOZPLhLzWBHCnK4iO4G5eNu4qn_NKQnoISvm)
* In-Game Task Contract
Address: [EQChB2eMoFG4ThuEsZ6ehlBPKJXOjNxlR5B7qKZNGIv256Da](https://tonviewer.com/EQChB2eMoFG4ThuEsZ6ehlBPKJXOjNxlR5B7qKZNGIv256Da)
# Roadmap
### Q1 2024
* Official Open Beta of Catizen launched on March 19, 2024.
* Seed round announcement made.
* Announcement of tokenomics and detailed economic structure.
### Q2 2024
* Featured at Hong Kong Web3.0 Carnival (TON DAY), receiving recognition from a founding member of TON Foundation and CEO of TOP Labs.
* Highlighted in Durov & Andrew’s Speech at #TOKEN2049.
* Launched the first in-game Launchpool for $wCATI on April 28, 2024.
* Over 170k participants, with more than 24k in Cats Pool and 147k+ in FishCoin Pool.
* Staked FishCoin worth over $3.9 million USD in in-game credits.
* Catizen mentioned in Pantera Capital’s blog “Investing in TON Network.”
* Featured in TON Foundation’s Innovator Blog Series \, tweeted by TON Blockchain.
* Ranked 1st place in the Application Battle of The Open League.
### Q3 2024
* Pluto Studio, the publishing platform for Catizen, completed a successful fundraising round with investments from Hashkey Capital, TOP, Folius Ventures, and Binance Labs.
* Achieved 1st place in The Open League Application Battle for three consecutive seasons.
* Completed a second interview with TON Foundation, featured in the TON Blog.
* Launched the Catizen Game Center with multiple mini-games.
* Enhanced AML and on-chain compliance
* Partnering with Elliptic for ongoing AML and on-chain compliance
* Establishment of a trading bot to enhance in-game and token trading experiences.
* Token launch on 20 Sep 2024 & first airdrop completed.
### Q4 2024
* Launchpool & Game Center open for public participation.
* Integration of 5 launchpool projects and 20 games into the Catizen Game Center, expanding gameplay and earning opportunities.
### Q1 2025
* Development of a task platform, complete with a Web3 advertising system to increase user engagement and rewards.
* Start of AI Cat integration, introducing virtual companions to enhance the community experience.
* Launch games on Line Dapp Portal.
### Q2 2025
* Full-scale launch of the AI Cats feature, enabling users to interact with intelligent cat avatars for a more immersive gaming and social experience.
### Q3 2025
* Expansion of Catizen with over 30+ mini-apps, transforming it into a comprehensive mini-game and social hub.
### Q4 2025
* Include CATI as digital asset treasury in at least one listed company
# Team
Catizen was developed and published by Pluto Studio Limited, a technology-focused game studio with a team of more than 30 developers. Special thanks to the following members of Pluto for their contributions to transforming Catizen into not merely a game, but a thriving ecosystem.
### **Pluto Studio is led by**
David Mak ,Co-Founder and CEO
Ricky Wong , Co-Founder and CFO\
### **Catizen Foundation Company is led by**
Tim Wong, Chairman
# Partners
# Social Media
* X:
* Telegram Channel:
* Medium:
# 미유니버스(Meowverse)를 고양이 시민(카티즌)과 함께 탐험하세요!
Catizen은 텔레그램(Telegram) 상의 독특한 고양이 테마의 소셜 엔터테인먼트 경험으로, 장난스러운 상호작용과 TON 블록체인의 힘을 결합했습니다. 혁신적인 게임 봇인 Catizen은 웹3(Web3) 접근성을 단순화할 뿐만 아니라 모바일 결제를 원활하게 하여, 사용자가 분산화 기술과 교류하는 방식을 변혁하고 있습니다.
텔레그램의 방대한 사용자 기반을 토대로 구축된 Catizen은 미니앱 중심 허브, 런치풀(Launchpool) 및 오픈 태스크 플랫폼을 결합한 웹3 활동의 중심지로 설계되었습니다. 주목경제(Attention Economy)의 게임화와 분산화 가치 실현(Decentralized Value Realization)을 통해 Catizen은 사용자가 몰입감 있고 재미있으며 보상적인 경험을 즐길 수 있는 생태계를 조성합니다.
Catizen 생태계는 텔레그램을 시작으로 다중 체인(Multi-chain) 및 다중 플랫폼(Multi-platform)을 지원하며 성장하고 있습니다. 우리는 언론의 자유와 프라이버시를 중시하는 텔레그램을 믿으며, 여기에 게임 분야의 규정 준수(Compliance)와 안전(Safety) 또한 중시합니다. 우리의 규정 준수 조치는 이러한 가치를 유지하고, 플랫폼 오용으로부터 플랫폼과 사용자를 보호함으로써 모든 이용자에게 안전한 생태계를 만듭니다.
우리의 비전은 생동감 넘치고 고양이에서 영감을 받은 이 커뮤니티의 중심에 Catizen을 두고, 웹3 엔터테인먼트의 미래를 주도하는 것입니다.
# 미션 & 사용자 분석
Catizen은 TON 및 Telegram과의 독점적 파트너십을 통해 방대한 웹 2.0 사용자 기반을 웹3로 유입시키고 교육하는 것을 목표로 합니다. 두 플랫폼의 강점을 통합함으로써 Catizen은 게임 센터와 런치풀(Launchpool)을 특징으로 하는 완전한 생태계로 진화 중이며, 사용자가 웹3 세계로 원활하고 매력적으로 전환할 수 있도록 합니다.
이 전략적 협력은 Catizen을 웹3 트래픽 허브로 위치시키며, 수십억 규모의 잠재적 사용자 참여를 목표로 합니다. 서드파티 플랫폼이나 온체인(On-chain) 거래를 통해 접근 가능한 투명한 인게임 자산 구매 데이터를 통해 커뮤니티 구성원, 투자자 및 파트너는 언제든지 프로젝트의 경제성과 성장을 쉽게 모니터링할 수 있습니다.
Catizen은 2024년 9월 20일 CATI 토큰을 출시했으며, CATI 토큰은 Catizen 생태계의 범용 토큰입니다. 현재 Catizen은 Telegram Stars, USDT, TON, NOT 및 MNT를 사용한 인게임 소모성 아이템 구매를 지원합니다. Catizen은 이미 TON 및 Telegram 생태계 내 1위 프로젝트로 자리매김했으며, The Open League에서 일간/주간/월간 사용자 성장률과 온체인 활동성을 기준으로 연속 4시즌 최고 순위를 기록했습니다.
### Catizen 데이터 실적 (2024년 8월 12일 기준)
* 총 인게임 플레이어: 28,539,037명
* 텔레그램 프리미엄 사용자: 2,125,519명
* 총 온체인 사용자: 1,730,868명
* TON: 1,236,259명
* Mantle: 494,609명
* 누적 인게임 구매 총액: 20,026,623 USD
* 1,699,931 $TON ≈ 12,749,482 USD
* 1,038,011 $USDT ≈ 1,038,011 USD
* 131,216,255 $NOT ≈ 1,901,163 USD
* 1,008,470 $MNT ≈ 1,008,470 USD
* 166,474,895 $STA ≈ 3,329,497 USD
* 총 유료 사용자: 589,784명
* ARPPU (유료 사용자당 평균 수익): 약 33.9 USD
* 소셜 미디어 데이터
* X(트위터) 팔로워: 2,114,056명
* 텔레그램 채팅 그룹: 400,000명
* 텔레그램 공지 채널: 5,269,840명
### 주요 기능 개요
Catizen은 고양이 테마의 재미있는 게임으로 쉽게 시작할 수 있음과 동시에 소셜 네트워크 및 수익 창출 플랫폼으로서의 기능을 합니다. 블록체인 기술을 통해 *Catizen*은 플레이어에게 게임 내에서 획득한 리소스에 대한 진정한 소유권을 부여하며, 탈중앙화 환경에서 엔터테인먼트와 금전적 보상의 가능성을 결합합니다.
Catizen이 기존 게임과 차별화되는 점은 블록체인으로 구동되는 플레이어 소유 경제(Player-Owned Economy) 입니다. 이 설계를 통해 플레이어는 복잡한 커뮤니티 주도 생태계에 참여하며, 인게임 성취가 현실 세계의 가치를 지닙니다. 개방형 경제를 조성함으로써 Catizen은 사용자에게 유형의 보상을 제공하며, 충성도와 참여도가 추가 수익을 위해 거래되거나 스테이킹될 수 있는 자산으로 보상받는 모델을 따릅니다.
플레이어는 다음과 같은 다양한 방법으로 게임 진행 및 리소스 확장이 가능합니다:
* 고양이 업그레이드: 고양이를 합성하고 업그레이드하여 더 높은 보상을 획득하고 리더보드 순위를 올리세요.
* 낚시: FishCoins를 사용해 낚시 활동에 참여하고 리더보드 상금을 획득하세요.
* 초대 수익: 신규 플레이어를 초대하고 FishCoins를 받으며 커뮤니티와 수익을 동시에 확장하세요.
* 퀘스트 센터: 인게임 임무를 완료해 FishCoins를 획득하고, 고양이를 업그레이드하며, 런치풀 캠페인에 참여하세요.
* 스테이킹 및 마이닝: 런치풀에서 고레벨 고양이 또는 FishCoins를 스테이킹해 포인트와 자산을 획득함으로써 게임 플레이를 의미 있는 투자로 전환하세요.
Catizen은 웹3 게임의 미래를 대표하며, 탈중앙화 경제를 대중에게 접근 가능하고 매력적으로 만들고, 블록체인의 주류 채택을 위한 길을 열어갑니다.
***면책 조항***
\
*본 백서의 어떠한 내용도 재정적 조언으로 간주되어서는 안 됩니다. Catizen은 미완성되고 위험성이 있으며 고도로 실험적인 기술을 통합한 게임 봇(Gaming Bot)입니다. 개발 우선순위, 로드맵 및 기능은 연구, 성과, 커뮤니티 피드백 및 기타 다양한 요인에 따라 철저히 수정될 수 있습니다.*
# 게임플레이
Catizen은 개방형 디지털 미유니버스(MEOWverse) 로 구성됩니다. 서로 다른 레벨의 고양이들은 플레이어의 자격 증명(credentials) 으로 간주될 수 있으며, 이는 런치풀(Launchpool)에 접근하기 위한 전제 조건 역할을 합니다.
Catizen 팀은 지속적으로 더 많은 고품질 자산을 도입하여 Catizen 커뮤니티에 새로운 가치를 지속적으로 제공할 것입니다. Catizen은 끊임없이 혁신적이고 재미있는 미니게임 허브가 되는 것을 목표로 합니다.
# 게임을 통해 $CATI 획득하는 방법
**$CATI 토큰**은 게임 플레이로 직접 생성되지 않습니다. 대신, 에어드랍 이벤트에서 각 플레이어의 생태계 내 인게임 기여도에 기반한 에어드랍을 통해 분배됩니다.
기여도에는 사용자 활동 수준이 포함되며, 이는 **진위성(authenticity)과 신뢰성(reliability)** 평가에 도움을 줍니다. 온체인 상호작용 빈도, 인게임 사회적 행동(social behavior), 일일 임무 완료율은 실제 사용자의 진위성을 확인하는 핵심 기준입니다.
### 인게임 메커니즘 개요
* **vKitty 코인 획득**: 고레벨 고양이는 더 많은 수익을 생성하므로, 플레이어는 고양이 양성에 더 많은 노력을 투자해야 합니다.
* **FishCoin 소비**: FishCoin 구매 및 소모는 플레이어가 단기간에 상당한 수익을 빠르게 얻는 데 도움이 됩니다.
* **wCATI**: 1회 Catizen 런치풀 참가자 전용 선물로, 더 이상 발행되지 않습니다. wCATI 보유자는 추가 Catizen 에어드랍 지분을 받게 됩니다!
* **xZEN**: Catizen 내 지원 작업 및 온체인 상호작용을 완료한 자에게 주어지는 특별 보상으로, 우리 에어드랍의 사회적 정신(social spirit)을 상징합니다.
# $CATI 토크노믹스(Tokenomics)
$CATI는 $CATIZEN의 제튼(JETTON) 거버넌스/유틸리티 토큰이 될 것입니다. $CATI 보유자가 토큰을 스테이킹하고, 게임을 플레이하며, 주요 거버넌스 투표에 참여할 경우, 런치풀(Launchpool) 및 태스크 센터(Task Center)를 통해 보상(제3자 유틸리티 토큰 또는 인게임 가상 보상)을 획득할 수 있습니다.
### 할당(Allocation)
Catizen 생태계의 거버넌스 토큰인 CATI의 총 공급량은 **10억 개**이며, 절대 증가하지 않습니다. 출시 일정 및 경제 모델:
✅ **에어드랍 및 생태계 43%**
* **에어드랍 34%**
* 15% TGE 100%: 시즌 1 플레이어 보상용
* 19% TGE 0%: 잔여 에어드랍 분량으로 분기별 시즌 에어드랍 캠페인에 사용되며 향후 시즌 플레이어에게 보상.\
∙ 9,900,000 토큰(0.99%)은 2분기 초 에어드랍\
∙ 이후 분기마다 10% 증가하여 7분기까지 적용, 이후 선형 출시\
∙ 전체 에어드랍은 TGE 이후 12분기 내 완료
* **런치풀 9%, TGE 100%**
✅ 유동성 5%, TGE 100%
✅ 재무부(Treasury) 15%, TGE 10%, 12개월 클리프(cliff), 48개월 선형 출시
✅ 팀 20%, TGE 0%, 12개월 클리프, 48개월 선형 출시
✅투자자 10%, TGE 0%, 12개월 클리프, 48개월 선형 출시
✅ 고문(Advisors) 7%, TGE 0%, 12개월 클리프, 48개월 선형 출시
이 모델에 따라 TGE 단계에서 총 공급량의 30.5% 가 출시되며, 이 중 플레이어 에어드랍 부분(15%)이 초기 총 공급량의 50%를 차지합니다. 나머지 50%는 런치풀(9%), 유동성(5%), 재무부(1.5%)에 사용됩니다. 이는 충분한 초기 유통량을 보장하면서도 생태계 장기 발전을 위한 지속적인 동력을 제공합니다.
# 커뮤니티
Catizen은 텔레그램 봇(Telegram Bot)에서 파생된 캐주얼 게임으로, 사용자와 핵심 개발 팀 모두 웹3 대중화(Web3 massive adoption) 라는 비전을 위해 함께 노력할 동기를 부여받고 있습니다. 2024년 3월, Catizen 베타 버전이 TON 메인넷에서 출시되었습니다.
8월 초, Catizen은 텔레그램 미니 앱 센터(Telegram Mini App Center) 가 게시한 프로모션 영상에서 쇼케이스로 소개되며 TON 및 텔레그램 커뮤니티에 확산되었습니다.
Catizen은 TON 블록체인 생태계 내에서 가장 크고 강력한 커뮤니티로 널리 인정받고 있습니다. 기존 웹2(Web2) 미니 게임과 비교해도 Catizen의 커뮤니티 성장과 규모는 인상적이며, DAU(일간 활성 사용자) 는 기하급수적으로 증가하고 안정적인 온체인 사용자 전환율을 보여주고 있습니다.
Catizen 커뮤니티 플레이어들은 고양이 관련 문화 콘텐츠를 적극적으로 제작 및 공유하며 커뮤니티 분위기를 구축하고 강화합니다. 예시:
* AI를 활용해 고양이를 합성하고 블록버스터 스타일 콘텐츠를 제작한 단편 영상(이를 Catizen이 공식 공유):
* [Telegram Post](https://t.me/CatizenAnn/220)
* [Twitter Post](https://x.com/CatizenAI/status/1792798315496751477)
* Catizen 단편 영상 제작 캠프(Catizen Short Video Creation Camp) 에서 커뮤니티는 6,000개 이상의 고양이 관련 단편 영상 제작: [Short Video Creation Camp](https://t.me/CatizenAI/10787/497511)
* 커뮤니티가 집단적으로 트위터(Twitter)나 기타 포럼에 "#MEOW" 댓글 작성 → 강력한 문화적 공감대 형성 (심지어 공식 TON 블록체인 계정도 고양이 문화 논찬에 참여)
* Catizen 바이브 힐 더 월드 캠페인(Catizen Vibe Heal the World Campaign) 에서 커뮤니티는 길고양이 구조 이야기를 적극 게시 → 20,000개 이상의 스토리 공유
### 런치풀(Launchpool) 및 제3자 협업
우리는 Catizen이 TON 생태계에 더 많은 고품질 블록체인 프로젝트를 유치할 수 있다고 믿습니다. Catizen은 대규모 커뮤니티와 훌륭한 프로젝트를 연결하는 강력한 런치풀 역할을 할 것입니다.
Catizen 커뮤니티는 사용자 경험을 지속적으로 최적화하기 위해 다음과 같은 다양한 도구와 경험을 개발할 예정입니다:
* **프로젝트 평가 도구**
* **커뮤니티 플레이어 투표 도구**
* **커뮤니티 플레이어 참여를 위한 표준 및 규칙**
* **커뮤니티를 위한 잠재적 가치 혜택 확보 노력**
# 탈중앙화 조직
### 비영리 단체로서의 재단
* **역할과 책임**: Catizen 생태계의 비영리 재단인 Catizen Foundation Company는 DAO를 대표하여 생태계의 전반적인 거버넌스를 관리합니다. 재단의 일상 업무에는 토큰 발행 관리, 자원 분배 감독, 게임 센터에 상장된 미니 앱/미니 게임("후보작")과의 계약 체결, 생태계 기여자에 대한 토큰 에어드랍 등이 포함됩니다. DAO 투표 결과에 따라, 토큰 모델 개선이 가능하며, 이는 토큰의 환매/소각(예: 게임 센터 수익의 50%, 생태계 게임 자산 등 활용), 개발자 지원을 위한 그랜트 토큰 배포, 생태계 개선을 위한 기타 법적으로 허용된 방법 등을 포함합니다. 따라서 $CATI는 커뮤니티 주도형 토큰이며, 토큰 홀더의 참여를 통해 토크노믹스가 투명하게 지속 개선될 것으로 기대합니다.
* **의사 결정**: 재단은 주요 및 법적으로 실행 가능한 결정을 토큰 홀더(플레이어, 개발자, 기타 이해관계자 포함)가 참여하는 커뮤니티 투표를 통해 내리는 탈중앙화 거버넌스 모델을 채택합니다.
### $CATI 토큰 DAO 거버넌스 모델 시행
$CATI 토큰의 DAO 거버넌스 모델은 TGE(토큰 생성 이벤트) 후 12개월 이내에 시행됩니다. 이는 Catizen 팀이 다양한 인게임 모델 시험 운영, 피드백 수집 및 DAO 거버넌스 모델로의 원활한 전환을 수행할 충분한 시간을 확보하기 위함입니다.
Catizen DAO의 제안 및 투표 플랫폼은[ TON Vote](https://ton.vote/) 플랫폼을 통해 구현 및 실행됩니다.
1. **의향 설문(Intent Survey)**: 커뮤니티 구성원이 포럼에서 제안 논의를 시작한 후, Catizen의 Snapshot 공간에서 투표를 통해 평가합니다. 제안이 3일 이내에 $CATI 홀더의 1% 이상의 찬성 표를 받으면, 다음 단계로 진행할 충분한 지지가 있는 것으로 간주됩니다.
2. **합의 설문(Consensus Survey)**: 잠정적 제안이 포럼에서 공식 논의된 후, 특정 옵션(변경 없음 옵션 포함)에 대한 추가 Snapshot 투표가 진행됩니다. 잠정적 제안의 특정 옵션이 5일 이내에 $CATI 홀더의 4% 이상의 찬성 표를 받으면 다음 단계로 진행할 수 있습니다.
3. **거버넌스 제안 제출(Governance Proposal Submission)**: 이전 단계에서 선정된 옵션은 편집, 감사 및 제안된 후 거버넌스 포털에 제출되어 온체인 투표를 진행합니다. 7일간의 투표 기간 동안 제안 통과 여부가 결정됩니다. 또는, 제안 발의자가 토큰의 1% 이상을 보유할 경우 제안을 직접 온체인 투표로 제출할 수 있으며, 마찬가지로 7일간의 투표 기간을 거쳐 통과 여부가 결정됩니다.
4. **거버넌스 제안 실행(Governance Proposal Execution)**: 통과된 제안(총 투표수의 최소 7% 이상 득표로 승리)의 코드는 Timelock에 큐잉되어 2일 후에 실행됩니다.
### 제안 상태 (Proposal Status)
* **Pending(대기 중)**: 제안이 위임 기간 중임 (구성원들이 대표 주소에 가중치를 위임하기를 기다리는 상태, 투표 미개시).
* **Active(진행 중)**: 제안이 투표 기간 중임.
* **Canceled(취소됨)**: 제안이 취소됨.
* **Defeated(부결됨)**: 제안이 거부됨 (통과되지 않음).
* **Succeeded(통과됨)**: 제안이 성공함 (통과됨).
* **Queued(대기열 등록됨)**: 제안이 실행 대기열에 등록됨 (유예 기간 종료 대기 중).
* **Expired(만료됨)**: 제안이 만료됨.
* **Executed(실행됨)**: 제안이 실행됨.
### 거버넌스 기준 (Governance Metrics)
| **프로젝트** | **제안 제출 조건** | **승인 조건** |
| -------- | -------------------------------------------------------------- | ---------------------- |
| Catizen |
1단계: 1% 이상 찬성 표 필요
투표: 4% 이상 찬성 표 필요
| 최소 총 투표수의 7% 이상 득표로 승리 |
\
크로스체인 관리 (Management across chains)
-----------------------------------
$CATI 토큰은 주로 TON 블록체인에서 Jetton 토큰으로 발행되었으며, 모든 체인을 통틀어 유통되는 CATI 토큰의 **최대 공급량은 10억 개로 제한**됩니다.
* **TON CATI 토큰 주소** -> EQD-cvR0Nz6XAyRBvbhz-abTrRC6sI5tvHvvpeQraV9UAAD7
현재 $CATI는 Bybit 거래소를 통해 Mantle Network로 브리징될 수 있습니다. 사용자는 TON 블록체인에서 Bybit로 CATI 토큰을 입금한 후, Mantle Network로 출금할 수 있습니다.
브리징 주소는 다음과 같습니다:
* **TON CATI 브리지** (Mantle 토큰 잠금용) -> EQC5MqInXEZmhqe2dT4ItnMDIbc32xyS0PF39glnh6C0YpuZ
* MANTLE CATI 브리지 (TON 토큰 잠금용)->
0xa9758fA17ae8fF959f8E77d15e2C8515378cF3a6
Mantle Network에 출시된 CATI 토큰은 TON CATI 브리지 주소에 잠긴 CATI의 양과 동등하며, 이를 통해 모든 체인을 통틀어 유통되는 CATI 토큰의 최대 공급량이 10억 개로 제한됨이 보장됩니다.
### 투명성을 보장하기 위해, 공개된 토크노믹스와 관련된 모든 CATIZEN 계정을 커뮤니티가 모니터링할 수 있도록 공개합니다.
베스팅 및 사용 현황을 확인할 수 있도록 모든 계정 주소와 잔액은 다음과 같습니다:
**Total Supply**: 1,000,000,000 CATI
**총 공급량:** 1,000,000,000 CATI
* **팀(TEAM) 20%** -> EQAQqBr3yCDR1IVpwiB6buTRAg21DquV3wMcXpNS7tvAdZox
* **고문(Advisor) 7%** -> EQDcU1sWrpxjdwFtZJyHMmZQBdc07lV9jRZOaAUcZLdJin5w
* **투자자(Investor) 10%** -> EQCEFQAYZhMGXT6GDpdIOlYYJ1iMqmiXAwh9vkU-s4Ovcin-
* **에어드랍 & 런치풀(Airdrop & Launchpool) 43%** -> EQCWfRCrZNpLhjGwl5xhX6-TbUrPYDEIlMd-Iob94YRddbp4
* **유동성 & 시장 조성(Liquidity & MM) 5%** -> EQDqL05dpVypXieaGrHdZXD9AmZI\_vCjTCSHvwzUuZ3DKsFK
* **재무(Treasury) 15%** -> EQAnbLTnSI6rwqmvKwWge2rWpkG24cDTS0l5D1blnaiMDdME
# 주요 지표
TON -> [온체인 데이터](https://docs.catizen.ai/) | [TON Scan](https://tonscan.org/address/UQBj96aEiJlFV4Si16ajonjQRHf_OOb-80WXTOOUTHxd8h0a)
Mantle ->[온체인 데이터](https://query.nansen.ai/public/dashboards/pVgymyeSblvserA7W3wgMkhPHH449th4BiRe5NG1?org_slug=default) | [Mantle Scan](https://mantlescan.xyz/address/0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71)
### 데이터 대시보드 인터페이스 전환
향후 ReDoubt의 서비스 중단 또는 민간 제공자 전환 가능성에 대비해, Catizen의 데이터 대시보드 인터페이스는 ReDoubt에서 Ton.app로 전환될 수 있습니다.
### 생태계 파트너
1. #### 거버넌스 재단 및 발행 주체
Catizen Foundation Company(재단법인)는 창립자가 없는 비영리 재단 법인으로, 개발자, 운영사, KOL 등 생태계 파트너와 커뮤니티에 토크노믹스에 따라 $CATI를 배분하여 Catizen 생태계를 성장 및 유지합니다. 이 구조는 재단이 수익성 압박 없이 생태계 전반의 지속가능성과 윤리적 기준에 집중하는 동시에, $CATI로 보상받는 영리 파트너의 혁신과 효율성을 활용할 수 있다는 장점이 있습니다. Catizen Foundation Company의 자회사인 Catizen Limited는 $CATI의 공식 발행 기관입니다.
2. #### 영리 생태계 파트너 사례
개발자 및 운영사: Pluto Studio Limited("Pluto")와 같은 초기 개발 파트너를 포함하며, 게임 및 인프라 구축·유지·운영을 담당합니다. 게임 퍼블리싱, 재단과의 수익 분배, 거래 수수료 부과 등을 통해 수익을 창출합니다.
프로모터 및 마케터: 마케팅과 사용자 유치를 담당합니다. 일반적으로 사용자 기반 및 참여도 성장 성과에 연동된 보수를 받습니다.
광고 파트너: 태스크 센터를 통해 플레이어가 해당 파트너와 상호작용하는 임무를 제공하며, 임무 완료 시 플레이어에게 $CATI를 에어드롭합니다.
기타: Catizen 자체도 OKX Wallet, Mantle Network, TON Stars와 같은 외부 프로젝트와 협력해 트래픽 재분배 플랫폼으로 기능하며, 프로젝트 또는 파트너에게 서비스 수수료를 부과합니다.
3. #### 계약 및 관계
서비스 수준 계약(SLAs): 개발자 및 서비스 제공자가 수행할 서비스 내용을 명시한 상세 계약서입니다.
수익 분배: Catizen Foundation Company는 게임 센터 내 외부 프로젝트가 생성한 트래픽 수익의 일정 비율을 징수합니다.
지적재산권(IP) 계약: 게임 개발 및 운영 과정에서 생성된 IP의 소유권을 정의하며, 일반적으로 핵심 게임 자산 통제권은 재단에 귀속됩니다.
# 기술
### TON 블록체인 및 멀티체인 생태계 배포
2023년, 우리는 텔레그램(월간 활성 사용자 9억 명 보유)과의 독점적 전략적 파트너십으로 인해 TON을 플랫폼으로 선택했습니다. 이 파트너십은 수직 지갑을 포함한 다중 직관적 통합 진입점을 제공하여 두 플랫폼 간 원활한 상호작용을 가능케 했습니다. TON 기반 구축 결정은 플랫폼의 확장성과 빠른 커뮤니티 성장에 기인하였으며, 이는 대규모 Web2 사용자를 Web3로 유치하려는 우리의 비전과 완벽히 부합했습니다.
우리는 Web2와 Web3 사용자 간 격차 해소를 통해 TON 생태계 강화에 주력하고 있습니다. TON 생태계에 충분한 Web3 프로젝트 개발 팀과 Web3 네이티브 사용자의 관심이 부족하다는 점을 인식한 우리는 Catizen의 강력한 커뮤니티 결속력과 사용자 친화적 접근법을 활용할 기회를 포착했습니다. Catizen은 더 많은 Web2 사용자를 TON 생태계로 유치할 뿐만 아니라, 다른 Web3 생태계를 TON에 연결하는 통로 역할도 할 것입니다. 이러한 약속으로 인해 우리는 TON 생태계 성장 및 개선에서의 역할을 공고히 하기 위해 Mantle Network와의 멀티체인 배포 전략을 추진 중입니다. Catizen은 향후 다른 블록체인 생태계에도 동일한 운영 성공 사례를 적용할 것을 검토 중입니다.
### 스마트 계약
#### Mantle 계약
* 일일 임무 계약 (데일리 체크인)
주소: [0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71](https://mantlescan.info/address/0xFDDE8C82F23000093d768146fA7Ef7aD9690aC71)
* 결제 계약
주소: [0x2F1f120670b730e157Acc1c9674a3B7592bE4Ebc](https://mantlescan.info/address/0x2F1f120670b730e157Acc1c9674a3B7592bE4Ebc)
* 스테이킹 계약
주소: [0xB9287D2AF3360191Fe9cBe1C8aaC530298EdE0BF](https://mantlescan.info/address/0xB9287D2AF3360191Fe9cBe1C8aaC530298EdE0BF)
#### TON 계약
* 일일 임무 계약 (미션 센터)
주소: [EQAMl6BVegC0IOZPLhLzWBHCnK4iO4G5eNu4qn\_NKQnoISvm](https://tonviewer.com/EQAMl6BVegC0IOZPLhLzWBHCnK4iO4G5eNu4qn_NKQnoISvm)
* 인게임 임무 계약
주소: [EQChB2eMoFG4ThuEsZ6ehlBPKJXOjNxlR5B7qKZNGIv256Da](https://tonviewer.com/EQChB2eMoFG4ThuEsZ6ehlBPKJXOjNxlR5B7qKZNGIv256Da)
# 로드맵
### 2024년 1분기
* 2024년 3월 19일 Catizen 공식 오픈 베타 출시
* 시드 라운드 공식 발표
* 토크노믹스 및 상세 경제 구조 공개
### 2024년 2분기
* 홍콩 Web3.0 캐니벌(TON DAY) 참가: TON Foundation 설립 멤버 및 TOP Labs CEO의 공식 인증 획득
* \#TOKEN2049에서 두로프(Durov) & 앤드류(Andrew) 연설 시 언급
* 2024년 4월 28일 최초 인게임 런치풀($wCATI) 출시
* 17만 명 이상 참가 (고양이 풀 24,000명+, 피시코인 풀 147,000명+)
* 스테이킹된 피시코인 가치: 인게임 크레딧 기준 390만 달러 초과
* 팬테라 캐피털(Pantera Capital) 블로그 "TON 네트워크 투자"에 Catizen 언급
* TON Foundation 혁신가 블로그 시리즈 게재 (TON Blockchain 공식 트윗)
* The Open League 애플리케이션 배틀 1위 달성
### 2024년 3분기
* Catizen 퍼블리싱 플랫폼 플루토 스튜디오(Pluto Studio) 투자 유치 성공
* 투자사: Hashkey Capital, TOP, Folius Ventures, Binance Labs
* The Open League 애플리케이션 배틀 3회 연속 1위
* TON Foundation 두 번째 인터뷰 완료 (TON 블로그 게재)
* 멀티 미니게임 지원 Catizen 게임 센터 출시
* AML(자금세탁방지) 및 온체인 규정 준수 강화
* Elliptic과 지속적 AML/온체인 규정 준수 협력 체결
* 인게임 및 토큰 거래 경험 향상을 위한 트레이딩 봇 구축
* 2024년 9월 20일 토큰 공식 출시 및 첫 에어드롭 완료
### 2024년 4분기
* 런치풀 & 게임 센터 공개 참여 시작
* Catizen 게임 센터에 5개 런치풀 프로젝트 + 20개 게임 통합 확장된 게임플레이 및 수익 기회 제공
### 2025년 1분기
* Web3 광고 시스템 연계 태스크 플랫폼 개발사용자 참여도 및 보상 증대
* AI 캣(AI Cat) 통합 시작: 커뮤니티 경험 향상을 위한 가상 반려동물 도입
* Line Dapp 포털에 게임 출시
### 2025년 2분기
* AI 캣 기능 본격 출시: 지능형 고양이 아바타와의 상호작용을 통한 몰입형 게임/소셜 경험 제공
### 2025년 3분기
* 30개 이상의 미니앱으로 Catizen 확장종합 미니게임 및 소셜 허브로의 전환
###
### 2025년 4분기
* 최소 한 개의 상장 기업에 CATI를 디지털 자산 보관소로 포함합니다.
# 팀
Catizen은 30명 이상의 개발자로 구성된 팀을 보유한 기술 중심 게임 스튜디오 Pluto Studio Limited에서 개발 및 출시했습니다. Catizen이 단순한 게임이 아닌 번성하는 생태계로 변모하는 데 기여한 Pluto의 다음 멤버들에게 감사드립니다.
### Pluto Studio 리더십:
David Mak ,공동 창립자 및 CEO
Ricky Wong , 공동 창립자 및CFO\
### Catizen Foundation Company 리더십:
Tim Wong, 회장
# 파트너
# 소셜 미디어
* X(트위터):
* 텔레그램 채널:
* 미디엄:
# Preamble
White paper drafted under the European Markets in Crypto- Assets Regulation (EU) 2023/1114 for Auxiliary Digital Token VSCB74L7D
01\. Date of notification 8
02\. Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114 8
03\. Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114 8
04\. Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114 8
05\. Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114 8
06\. Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114 9
Summary 9
07\. Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114 9
08\. Characteristics of the crypto-asset 9
09\. Information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability 10
10\. Key information about the offer to the public or admission to trading 10
Part A – Information about the offeror or the person seeking admission to trading 10
A.1 Name 10
A.2 Legal form 10
A.3 Registered address 10
A.4 Head office 10
A.5 Registration date 10
A.6 Legal entity identifier 11
A.7 Another identifier required pursuant to applicable national law 11
A.8 Contact telephone number 11
A.9 E-mail address 11
A.10 Response time (Days) 11
A.11 Parent company 11
A.12 Members of the management body 11
A.13 Business activity 11
A.14 Parent company business activity 12
A.15 Newly established 12
A.16 Financial condition for the past three years 12
A.17 Financial condition since registration 12
Part B – Information about the issuer, if different from the offeror or person seeking admission to trading 12
B.1 Issuer different from offeror or person seeking admission to trading 12
B.2 Name 12
B.3 Legal form 12
B.4 Registered address 12
B.5 Head office 12
B.6 Registration date 13
B.7 Legal entity identifier 13
B.8 Another identifier required pursuant to applicable national law 13
B.9 Parent company 13
B.10 Members of the management body 13
B.11 Business activity 13
B.12 Parent company business activity 13
Part C – Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 13
C.1 Name 13
C.2 Legal form 13
C.3 Registered address 13
C.4 Head office 14
C.5 Registration date 14
C.6 Legal entity identifier 14
C.7 Another identifier required pursuant to applicable national law 14
C.8 Parent company 14
C.9 Reason for crypto-Asset white paper Preparation 14
C.10 Members of the Management body 14
C.11 Operator business activity 14
C.12 Parent company business activity 14
C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 14
C.14 Reason for drawing the white paper by persons referred to in Article 6(1) , second subparagraph, of Regulation (EU) 2023/1114 15
Part D – Information about the crypto-asset project 15
D.1 Crypto-asset project name 15
D.2 Crypto-assets name 15
D.3 Abbreviation 15
D.4 Crypto-asset project description 15
D.5 Details of all natural or legal persons involved in the implementation of the crypto- asset project 16
D.6 Utility Token Classification 16
D.7 Key Features of Goods/Services for Utility Token Projects 16
D.8 Plans for the token 16
D.9 Resource allocation 16
D.10 Planned use of Collected funds or crypto-Assets 17
Part E – Information about the offer to the public of crypto-assets or their admission to trading 17
E.1 Public offering or admission to trading 17
E.2 Reasons for public offer or admission to trading 17
E.3 Fundraising target 17
E.4 Minimum subscription goals 18
E.5 Maximum subscription goals 18
E.6 Oversubscription acceptance 18
E.7 Oversubscription allocation 18
E.8 Issue price 18
E.9 Official currency or any other crypto-assets determining the issue price 18
E.10 Subscription fee 18
E.11 Offer price determination method 18
E.12 Total number of offered/traded crypto-assets 18
E.13 Targeted holders 18
E.14 Holder restrictions 19
E.15 Reimbursement notice 19
E.16 Refund mechanism 19
E.17 Refund timeline 19
E.18 Offer phases 19
E.19 Early purchase discount 19
E.20 Time-limited offer 19
E.21 Subscription period beginning 19
E.22 Subscription period end 19
E.23 Safeguarding arrangements for Offered Funds/Crypto-Assets 19
E.24 Payment methods for crypto-asset purchase 19
E.25 Value transfer methods for reimbursement 20
E.26 Right of withdrawal 21
E.27 Transfer of purchased crypto-assets 21
E.28 Transfer time schedule 21
E.29 Purchaser's technical requirements 21
E.30 Crypto-asset service provider (CASP) name 21
E.31 CASP identifier 21
E.32 Placement form 21
E.33 Trading platforms name 21
E.34 Trading platforms Market identifier code (MIC) 21
E.35 Trading platforms access 22
E.36 Involved costs 22
E.37 Offer expenses 22
E.38 Conflicts of interest 22
E.39 Applicable law 22
E.40 Competent court 22
Part F – Information about the crypto-assets 23
F.1 Crypto-asset type 23
F.2 Crypto-asset functionality 23
F.3 Planned application of functionalities 23
A description of the characteristics of the crypto asset, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article 24
F.4 Type of crypto-asset white paper 24
F.5 The type of submission 24
F.6 Crypto-asset characteristics 24
F.7 Commercial name or trading name 24
F.8 Website of the issuer 24
F.9 Starting date of offer to the public or admission to trading 24
F.10 Publication date 24
F.11 Any other services provided by the issuer 24
F.12 Identifier of operator of the trading platform 24
G.11 Crypto-assets transfer restrictions 27
G.12 Supply adjustment protocols 27
G.13 Supply adjustment mechanisms 28
G.14 Token value protection schemes 28
G.15 Token value protection schemes description 28
G.16 Compensation schemes 28
G.17 Compensation schemes description 28
G.18 Applicable law 28
G.19 Competent court 28
Part H – information on the underlying technology 29
H.1 Distributed ledger technology (DTL) 29
H.2 Protocols and technical standard 31
H.3 Technology used 33
H.4 Consensus mechanism (TON) 35
H.5 Incentive mechanisms and applicable fees 36
H.6 Use of distributed ledger technology 38
H.7 DLT functionality description 38
H.8 Audit 38
H.9 Audit outcome 38
Part I – Information on risks 39
I.1 Offer-related risks 39
I.2 Issuer-related risks 41
I.3 Crypto-assets-related risks 43
I.4 Project implementation-related risks 47
I.5 Technology-related risks 48
I.6 Mitigation measures 49
Part J – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts 49
J.1 Adverse impacts on climate and other environment-related adverse impacts 49
S.1 Name 49
S.2 Relevant legal entity identifier 49
S.3 Name of the crypto-asset 49
S.4 Consensus Mechanism (TON) 50
S.5 Incentive Mechanisms and Applicable Fees 51
S.6 Beginning of the period to which the disclosure relates 52
S.7 End of the period to which the disclosure relates 52
S.8 Energy consumption 52
S.9 Energy consumption sources and methodologies 53
S.10 Renewable energy consumption 53
S.11 Energy intensity 53
S.12 Scope 1 DLT GHG emissions – Controlled 53
S.13 Scope 2 DLT GHG emissions – Purchased 54
S.14 GHG intensity 54
S.15 Key energy sources and methodologies 54
S.16 Key GHG sources and methodologies 55
# MICA\_WHITEPAPER\_CATI\_VSCB74L7D\_0922
### *Download link of this whitepaper:*
[*https://drive.google.com/file/d/1KLGWGPAVcvYxSYtYdn63lJGD9krbZiCR/view?usp=sharing*](https://drive.google.com/file/d/1KLGWGPAVcvYxSYtYdn63lJGD9krbZiCR/view?usp=sharing)
### 01. Date of notification
2025-09-22
### 02. Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114
This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.
### 03. Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114
This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.
### 04. Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114
The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid.
### 05. Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114
The utility token referred to in this white paper may not be exchangeable against the good or service promised in the crypto-asset white paper, especially in the case of a failure or discontinuation of the crypto-asset project.
### 06. Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114
The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.
### Summary
### 07. Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114
Warning: This summary should be read as an introduction to the crypto-asset white paper. The prospective holder should base any decision to purchase this crypto –asset on the content of the crypto- asset white paper as a whole and not on the summary alone. The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law. This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.
### 08. Characteristics of the crypto-asset
The CATI tokens referred to in this white paper are crypto-assets other than EMTs and ARTs, and are issued primarily on the TON blockchain. The maximum supply is 1 billion CATI tokens. The CATI Token Generation Event (TGE) opened on September 20, 2024. Where the white paper concerns a utility token, information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability.
### 09. Information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability
Since holding the crypto-asset does not guarantee any grant of access to any goods or services, this is not applicable.
### 10. Key information about the offer to the public or admission to trading
Catizen Limited is seeking admission for the token to trading on any Crypto Asset Service Provider platform in the European Union in accordance to Article 5 of REGULATION (EU) 2023/1114 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 31 May 2023 on markets in crypto-assets, and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937. In accordance to Article 5(4), this crypto-asset white paper may be used by entities admitting the token to trading after Catizen Limited as the person responsible for drawing up such white paper has given its consent to its use in writing to the respective Crypto Asset Service Provider. If a CASP wishes to use this white paper, inquiries can be made under .
### Part A – Information about the offeror or the person seeking admission to trading
### 01. Name
Catizen Limited
### 02. Legal form
BVI Limited Company
### 03. Registered address
the office of the registered agent which is at Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands
### 04. Head office
Not applicable
### 05. Registration date
24 June 2024
### 06. Legal entity identifier
254900NMEW3ERVK9YO69
### 07. Another identifier required pursuant to applicable national law
Catizen Limited is registered in BVI under the number of 2151627
### 08. Contact telephone number
Not Applicable
### 09. E-mail address
### 10. Response time (Days)
030
### 11. Parent company
Catizen Foundation Company (A founderless Cayman Islands Foundation Company limited by guarantee)
### 12. Members of the management body
| Name | Position | Address |
| ---------- | -------- | ----------------------------------------------------------------------- |
| Wong Ching | Chairman | Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands |
### 13. Business activity
Catizen Limited is a technical service provider and a token issuer, who is responsible for issuing of Catizen Token, CATI.
### 14. Parent company business activity
Governance of the token
### 15. Newly established
Catizen Limited has been established since 2024 and is therefore newly established .
### 16. Financial condition for the past three years
Not applicable
### 17. Financial condition since registration
Catizen Limited and its parent company have not charged any revenue from the Token ecosystem, it has financed its issuance, marketing and listing on 20 September 2024 with $2.8m from investors in the Token.
### Part B – Information about the issuer, if different from the offeror or person seeking admission to trading
### 01.Issuer different from offeror or person seeking admission to trading
No
### 02. Name
Not Applicable
### 03. Legal form
Not Applicable
### 04. Registered address
Not Applicable
### 05. Head office
Not Applicable
### 06. Registration date
Not Applicable
### 07. Legal entity identifier
Not Applicable
### 08. Another identifier required pursuant to applicable national law
Not Applicable
### 09. Parent company
Not Applicable
### 10. Members of the management body
Not Applicable
### 11. Business activity
Not Applicable
### 12. Parent company business activity
Not Applicable
### Part C – Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
### 01. Name
Not applicable
### 02. Legal form
Not applicable
### 03. Registered address
Not applicable
### 04. Head office
Not applicable
### 05. Registration date
Not applicable
### 06. Legal entity identifier
Not applicable
### 07. Another identifier required pursuant to applicable national law
Not applicable
### 08. Parent company
Not applicable
### 09. Reason for crypto-Asset white paper Preparation
Not applicable
### 10. Members of the Management body
Not applicable
### 11. Operator business activity
Not applicable
### 12. Parent company business activity
Not applicable
### 13. Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
Not applicable
### 14. Reason for drawing the white paper by persons referred to in Article 6(1) , second subparagraph, of Regulation (EU) 2023/1114
Not applicable
### Part D – Information about the crypto-asset project
### 01. Crypto-asset project name
Catizen
### 02. Crypto-assets name
CATI Token
### 03. Abbreviation
CATI
### 04. Crypto-asset project description
CATI is a crypto-asset other than EMTs or ARTs, issued on the TON blockchain. All tokens were first minted on 16 August 2024 (per on-chain data); 30.5% of the supply (1,000,000,000 tokens) is circulated on 20 September 2024. Catizen states that governance is conducted through “CATIZEN Foundation,” Cayman Islands foundation company, issuance is conducted through “CATIZEN Limited”;
CATI tokens are fungible and freely transferable. They confer no intrinsic economic, redemption or dividend rights.. Tokenholder rights, staking multipliers and governance procedures may be modified through CATI Improvement Proposals adopted by tokenholder vote under the CATI DAO Constitution when the voting mechanism is available.
No representation is made that the tokens constitute, or are intended to constitute, an investment contract, security or other regulated financial instrument under applicable law.
### 05. Details of all natural or legal persons involved in the implementation of the crypto- asset project
| Name | Role |
| ---------- | ---------------------------------------------------------------------------------------------------------------- |
| Intro | Wong Ching listed below is listed as “chairman of the CATIZEN Foundation” on the official website of the project |
| WONG Ching | Director |
This individual is identified as the leadership of Catizen, the platform company that operates the marketplace and drives product and business development.
### 06. Utility Token Classification
The token is classified as a utility token.
### 07. Key Features of Goods/Services for Utility Token Projects
Currently CATI Token can be used for in-app-purchase in mini games in Catizen Game Center.
### 08. Plans for the token
No major tokenomic changes, or new functionality expansions beyond those disclosed in Section D.4 and D.7 are currently planned. Any future updates to token functionality or governance scope will be proposed and reviewed through community processes and disclosed via formal public channels when available.
### 09. Resource allocation
To ensure transparency, issuer is making all CATIZEN accounts on TON chain in relation to the allocation of the tokens publicly available for the community to monitor.
Total Supply: 1,000,000,000 CATI
TEAM 20%, (circulation on 20 September 2024, 0%), EQAQqBr3yCDR1IVpwiB6buTRAg21DquV3wMcXpNS7tvAdZox
Advisor 7%, (circulation on 20 September 2024, 0%), EQDcU1sWrpxjdwFtZJyHMmZQBdc07lV9jRZOaAUcZLdJin5w
Investor 10%, (circulation on 20 September 2024, 0%), EQCEFQAYZhMGXT6GDpdIOlYYJ1iMqmiXAwh9vkU-s4Ovcin-
Airdrop & Launchpool 43%, (circulation on 20 September 2024, 55.8% of this 43%),
EQCWfRCrZNpLhjGwl5xhX6-TbUrPYDEIlMd-Iob94YRddbp4
Liquidity & MM 5%, (circulation on 20 September 2024, 100% of this 5%), EQDqL05dpVypXieaGrHdZXD9AmZI\_vCjTCSHvwzUuZ3DKsFK
Treasury 15%, (circulation on 20 September 2024, 10% of this 15%), EQAnbLTnSI6rwqmvKwWge2rWpkG24cDTS0l5D1blnaiMDdME
### 10. Planned use of Collected funds or crypto-Assets
Not applicable, as this white paper was drawn up for the admission to trading and not for collecting funds for the crypto-asset-project.
### Part E – Information about the offer to the public of crypto-assets or their admission to trading
### 01. Public offering or admission to trading
The white paper concerns the admission to trading on any Crypto Asset Service Providers platform that has obtained the written consent of Catizen Limited as the person drafting this white paper.
### 02. Reasons for public offer or admission to trading
The purpose of the public offering is to distribute the CATI token to enhance accessibility and enable secondary market activity under a transparent and compliant framework.
### 03.Fundraising target
Not applicable
### 04. Minimum subscription goals
Not applicable
### 05. Maximum subscription goals
Not applicable
### 06. Oversubscription acceptance
Not applicable
### 07. Oversubscription allocation
Not applicable
### 08. Issue price
Not applicable
### 09. Official currency or any other crypto-assets determining the issue price
Not applicable, as this white paper is written to support admission to trading and not for the initial offer to the public.
### 10. Subscription fee
Not applicable, as this white paper is written to support admission to trading and not for the initial offer to the public.
### 11. Offer price determination method
Once the token is admitted to trading its price will be determined by demand (buyers) and supply (sellers).
### 12. Total number of offered/traded crypto-assets
As stated on the website, a total of 1,000,000,000 tokens were minted.
### 13. Targeted holders
ALL
### 15. Holder restrictions
The Holder restrictions are subject to the rules applicable to the Crypto Asset Service Provider as well as additional restrictions the Crypto Asset Service Providers might set in force.
### 15. Reimbursement notice
Not applicable
### 16. Refund mechanism
Not applicable
### 17. Refund timeline
Not applicable
### 17. Offer phases
Not applicable
### 19. Early purchase discount
Not applicable
### 20. Time-limited offer
Not applicable
### 21. Subscription period beginning
Not applicable
### 22. Subscription period end
Not applicable
### 23. Safeguarding arrangements for Offered Funds/Crypto-Assets
Not applicable
### 24.Payment methods for crypto-asset purchase
The payment methods are subject to the respective capabilities of the Crypto Asset Service Provider listing the crypto-asset.
### 25. Value transfer methods for reimbursement
Not applicable
### 26. Right of withdrawal
Not applicable, as this white paper is written to support admission to trading and not for the initial offer to the public.
### 27. Transfer of purchased crypto-assets
The transfer of purchased crypto-assets are subject to the respective capabilities of the Crypto Asset Service Provider listing the crypto-asset.
### 28. Transfer time schedule
Not applicable, as this white paper is written to support admission to trading and not for the initial offer to the public.
### 29. Purchaser's technical requirements
The technical requirements that the purchaser is required to fulfil to hold the crypto- assets of purchased crypto-assets are subject to the respective capabilities of the Crypto Asset Service Provider listing the crypto-asset.
### 30. Crypto-asset service provider (CASP) name
Not applicable
### 31. CASP identifier
Not applicable
### 32. Placement form
Not applicable
### 33. Trading platforms name
The trading on all MiCAR-compliant trading platforms is sought.
### 34. Trading platforms Market identifier code (MIC)
Not applicable
### 35. Trading platforms access
This depends on the trading platform listing the asset.
### 36. Involved costs
This depends on the trading platform listing the asset. Furthermore, costs may occur for making transfers out of the platform (i. e. "gas costs" for blockchain network use that may exceed the value of the crypto-asset itself).
### 37. Offer expenses
Not applicable, as this crypto-asset white paper concerns the admission to trading and not the offer of the token to the public.
### 38. Conflicts of interest
MiCAR-compliant Crypto Asset Service Providers shall have strong measurements in place in order to manage conflicts of interests. Due to the broad audience this white- paper is adressing, potential investors should always check the conflicts of Interest policy of their respective counterparty.
### 39. Applicable law
Not applicable, as it is referred to on "offer to the public" and in this white-paper, the admission to trading is sought.
### 40. Competent court
Not applicable, as it is referred to on "offer to the public" and in this white-paper, the admission to trading is sought.
### Part F – Information about the crypto-assets
### 01. Crypto-asset type
The crypto-asset described in the white paper is classified as a utility token under the Markets in Crypto-Assets Regulation (MiCAR) but does not qualify as an electronic money token (EMT) or an asset-referenced token (ART). It is a digital representation of value that can be stored and transferred using distributed ledger technology (DLT) or similar technology, without embodying or conferring any rights to its holder.
The asset does not aim to maintain a stable value by referencing an official currency, a basket of assets, or any other underlying rights. Instead, its valuation is entirely market- driven, based on supply and demand dynamics, and not supported by a stabilization mechanism. It is neither pegged to any fiat currency nor backed by any external assets, distinguishing it clearly from EMTs and ARTs.
Furthermore, the crypto-asset is not categorized as a financial instrument, deposit, insurance product, pension product, or any other regulated financial product under EU law. It does not grant financial rights, voting rights, or any contractual claims to its holders, ensuring that it remains outside the scope of regulatory frameworks applicable to traditional financial instruments.
### 02. Crypto-asset functionality
CATI is a governance and rewards token within the Catizen ecosystem. It may be used for staking, platform participation, governance voting, and earning rewards. While it provides access to certain features and incentives, it does not guarantee future value or benefits. CATI does not confer any ownership rights, profit claims, or legal entitlements. Governance rights are procedural and executed on-chain, without affecting the issuer’s corporate control.
### 03. Planned application of functionalities
Future functionalities of CATI mat include:
-Access to DAO voting and grant proposal modules (zkDAO, Q4 2025)
-Cross-chain staking and proving rewards across supported L2 networks
-Payment medium for usage-based consumer ZK apps (e.g., mobile proof clients)
All future extensions are subject to governance proposals and will be disclosed through official channels. No additional financial rights or instruments will be attached to CATI.
### A description of the characteristics of the crypto asset, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article
### 04. Type of crypto-asset white paper
The white paper type is "other crypto-assets" (i. e. "OTHR").
### 05. The type of submission
The white paper submission type is "CATI", which stands for new token.
### 06. Crypto-asset characteristics
The tokens are crypto-assets other than EMTs and ARTs, which are available on the TON and mantle blockchains. The tokens are fungible (up to 9 digit after the decimal point), and a total of 1,000,000,000 have already been issued. The tokens are a digital representation of value, and have no inherent rights attached as well as no intrinsic utility.
### 07. Commercial name or trading name
See F.13.
### 08. Website of the issuer
### 09. Starting date of offer to the public or admission to trading
Starting date of admission to trading outside EU: 20 September 2024; Expected starting date of admission to trading within EU: 20 October 2025.
### 10 Publication date
22 September 2025
### 11. Any other services provided by the issuer
No.
### 12. Identifier of operator of the trading platform
No.
### 13. Language or languages of the crypto-asset white paper
EN
### 14. Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available
VSCB74L7D
### 15. Functionally fungible group digital token identifier, where available
Not applicable
### 16. Voluntary data flag
Mandatory.
### 17. Personal data flag
The white paper does contain personal data.
### 18. LEI eligibility
The issuer is eligible for a Legal Entity Identifier, LEI: 254900NMEW3ERVK9YO69
### 19. Home Member State
Ireland
### 20. Host Member States
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
The three additional European Economic Area (EEA) countries (Iceland, Liechtenstein, and Norway), in addition to the EU member states, are being passported to.
### Part G – Information on the rights and obligations attached to the crypto-assets
### 01. Purchaser rights and obligations
There are no rights or obligations attached for/of the purchaser.
### 02. Exercise of rights and obligations
As the token grants neither rights nor obligations, there are no procedures and conditions for the exercise of these rights applicable.
### 03. Conditions for modifications of rights and obligations
As the token grants no legal binding rights nor obligations, there are no procedures and conditions for the exercise of these rights applicable.
An adjustment of the technical infrastructure necessary to exercise the promised governance rights, declining functionality due to dilution, changing rights within the voting platforms, and all other adverse effects for investors may occur at any time.
### 04. Future public offers
There are currently no planned future public offerings of CATI. Any subsequent distributions or emissions will be subject to community governance or previously disclosed release schedules. Admission to trading on more compliant platforms is intended, but listing is not guaranteed at the time of this publication.
### 05. Issuer retained crypto-assets
The issuer’s official resources, including the CATIZEN Foundation’s transparency report and website, state that a significant portion of CATI tokens are retained by the issuer for purposes such as ecosystem grants, community rewards, contributors, and strategic participants. As of the most recent update, the planned allocation reserves are disclosed to be in following wallet addresses:
TEAM 20%, EQAQqBr3yCDR1IVpwiB6buTRAg21DquV3wMcXpNS7tvAdZox
Advisor 7%, EQDcU1sWrpxjdwFtZJyHMmZQBdc07lV9jRZOaAUcZLdJin5w
Investor 10%, EQCEFQAYZhMGXT6GDpdIOlYYJ1iMqmiXAwh9vkU-s4Ovcin-
Airdrop & Launchpool 43%, EQCWfRCrZNpLhjGwl5xhX6-TbUrPYDEIlMd-Iob94YRddbp4 Liquidity & MM 5%, EQDqL05dpVypXieaGrHdZXD9AmZI\_vCjTCSHvwzUuZ3DKsFK Treasury 15%, EQAnbLTnSI6rwqmvKwWge2rWpkG24cDTS0l5D1blnaiMDdME
These allocations are intended but not technically fixed and may change through DAO governance. It must be noted that the assignment of specific addresses to the issuer or related entities cannot always be verified, and both the planned and actual distribution are subject to change at any time.
The actual distribution may have a negative impact on the investor at any time.
### 06. Utility token classification
Yes
### 07. Key features of goods/services of utility tokens
The crypto-asset does not guarantee any grant of access to any goods or services. But currently, CATI can be spent for in-app purchase in Catizen Game Center.
### 08. Utility tokens redemption
Not applicable.
### 09. Non-trading request
The admission to trading is sought.
### 10. Crypto-assets purchase or sale modalities
Not applicable, as the admission to trading of the tokens is sought.
### 11. Crypto-assets transfer restrictions
The crypto-assets as such do not have any transfer restrictions and are generally freely transferable. The Crypto Asset Service Providers can impose their own restrictions in agreements they enter with their clients. The Crypto Asset Service Providers may impose restrictions to buyers and sellers in accordance with applicable laws and internal policies and terms.
### 12. Supply adjustment protocols
No.
### 13. Supply adjustment mechanisms
No.
### 14. Token value protection schemes
No, the token does not have value protection schemes.
### 15. Token value protection schemes description
Not applicable
### 16. Compensation schemes
No, the token does not have compensation schemes.
### 17. Compensation schemes description
Not applicable
### 18. Applicable law
Applicable law likely depends on the location of any particular transaction with the token.
### 19. Competent court
Competent court likely depends on the location of any particular transaction with the token.
### Part H – information on the underlying technology
### 01. Distributed ledger technology (DTL)
**Ledger type and visibility**
Public, permissionless blockchain (The Open Network, “TON”).
Anyone can run a node, submit transactions, and verify the ledger. All CATI transfers are publicly auditable.
**Core architecture**
Sharded design with three main layers:
Masterchain: Holds global configuration, validator elections, and finality metadata.
Workchains: Logical chains that can host different rule sets; CATI is issued on the base workchain (typically workchain 0).
Shardchains: Each workchain is split into shards for parallel processing. CATI transactions are executed in the relevant shard(s) of workchain 0.
Cross-shard messaging: Asynchronous message passing with cryptographic proofs ensures that CATI transfers and contract calls can move safely across shards.
**Consensus and finality**
Proof-of-Stake (PoS) with Byzantine Fault Tolerant mechanics run by a set of elected validators staking TON.
Blocks are produced continuously; finality is obtained after masterchain confirmation of the relevant shardchain blocks. Under normal conditions, confirmations complete within seconds to tens of seconds.
Security holds as long as less than one-third of validator power is Byzantine; misbehavior can lead to slashing.
**Smart contracts and execution**
TON Virtual Machine (TVM) executes smart contracts represented as cells (Bag-of-Cells structure). Contracts are deterministic and gas-metered.
CATI uses the TON Jetton (TIP-3.x) fungible token standard:
A Jetton master contract defines CATI metadata, supply, and rules.
Per-holder Jetton wallet contracts record balances and process transfers via internal messages.
Contract addresses are derived from their initial state, enabling deterministic deployment and wallet discovery.
**Data model and storage**
State is stored as Merkle-like cell trees (Bag-of-Cells), enabling compact proofs and efficient verification.
Storage “rent” applies to contracts holding persistent state. CATI’s master and wallet contracts must maintain sufficient TON balance to remain active; otherwise, they can be frozen until topped up.
**Transaction processing and fees**
Every CATI transfer is an internal message that consumes gas; fees depend on computation, storage usage, and message size.
Replay protection and ordering are enforced by TVM semantics and contract logic. Failed deliveries can bounce, with refunds per protocol rules.
**Interoperability within TON**
Native interoperability across shards is guaranteed by the protocol’s messaging and proof system; no special trust assumptions are added for CATI within TON.
Any use of external bridges (to other chains) would rely on third-party protocols with separate trust and security models and is outside the base TON DLT.
**Security assumptions and risks (DLT-level)**
Dependent on validator decentralization and economic security of PoS staking.
Public ledger implies pseudonymous transparency, no built-in privacy layer.
Users must ensure their Jetton wallets keep enough TON for storage and transaction costs to avoid service disruption
This DLT environment provides CATI with high-throughput, sharded execution; fast probabilistic-to-economic finality; and standardized token behavior via Jetton contracts on the TON Virtual Machine.
### 02. Protocols and technical standard
1\) Token standard: Jetton (TIP-3.x family)
* Role: Defines the canonical fungible token pattern on TON.
* Architecture:
* Jetton master contract: Stores token metadata (name, symbol, decimals), total supply, mint/burn rules, admin privileges, and a reference to wallet code.
* Jetton wallet contracts (per holder): Maintain balances and process transfers using internal messages; deterministically derived from the master + holder address.
* Message opcodes (common subset; exact set depends on implementation):
* Transfer: Sends tokens to another wallet; can carry a payload/comment and “forward\_ton\_amount” to fund the recipient wallet.
* Mint/Burn: Admin-only or governed operations that adjust total supply.
* Internal notifications: Jetton wallet-to-wallet and wallet-to-master receipts for successful/failed transfers (bounced messages).
* Interface guarantees:
* Standard method IDs and payload structure for interoperability across wallets, DEXes, and explorers.
* Optional allowance/operator patterns depending on the chosen TIP-3.x variant.
2\) Smart-contract languages and bytecode
* TVM bytecode: Executed by the TON Virtual Machine (TVM).
* Source languages:
* FunC: High-level language compiled to TVM; commonly used for Jetton implementations.
* Fift: Low-level stack language for scripts and specialized contracts.
* Code and data layout:
* Contracts packaged as Bag-of-Cells (B.o.C.) files. Initial state (code + data cells) deterministically defines the final on-chain address.
3\) Messaging and transaction protocol (intra-chain)
* Internal messages: Primary mechanism for smart-contract calls and token transfers; include value (TON for fees/rent), payload cells, and bounce flags.
* Asynchronous execution: Transfers and callbacks happen across blocks/shards using message queues. Wallets must handle success and bounce paths.
* Cross-shard correctness: Verified via Merkle proofs embedded in shard blocks and acknowledged in the masterchain.
4\) Addressing and format standards
* Workchain + account ID: 256-bit account hash plus workchain ID (e.g., 0 for base workchain).
* User-friendly representation: Base64url with checksum and flags; raw hex form used by developers/tools.
* Deterministic wallet derivation: Jetton wallet address = hash(master state + owner address + wallet code), enabling predictable discovery by wallets and explorers.
5\) Metadata standards
* On-chain key-value schema: Jetton standard supports a content cell with keys like name, symbol, decimals, description, image, and social links.
* Off-chain metadata URI: Optional “content” can reference a JSON document hosted on HTTPS or IPFS; integrity can be anchored via content hash in-cell.
* Encoding: UTF-8 for strings; image and file references should be content-addressed where possible.
6\) Fee, gas, and storage standards
* Gas metering: TVM charges for compute, storage reads/writes, and message size.
* Storage rent: Contracts pay ongoing fees proportional to persistent state size. Jetton wallet design typically forwards a small TON amount during transfers to keep recipient wallets funded.
* Replay/bounce handling: Standard Jetton patterns include nonces or state checks to avoid duplicate processing and define refunds on bounce.
7\) Wallet and dApp integration standards
* Wallet discovery: Given the master contract, wallets compute a user’s Jetton wallet address and query balance via get methods.
* Transfer UX: Standard opcodes enable wallets to construct transfers with memo/comment fields and forward TON for rent.
* DEX/aggregator compatibility: TIP-3.x message schemas are recognized by TON DEXes and payment apps; routers and vaults expect canonical transfer/burn/mint payloads.
8\) Governance, admin, and upgradability conventions
* Admin roles: sent to a burn address.
9\) Node, client, and explorer interface
* RPC and tooling: Interaction via TON API endpoints, lite-client, and community SDKs (TonWeb, ton.js, FunC/Fift toolchains).
* Proof format: B.o.C.
* Proofs for headers/transactions; light clients verify inclusion and state queries without full history.
* Indexers/explorers: Standardized Jetton parsing enables supply and holder views; explorers read get methods and standard events.
10\) Interoperability and bridges (non-native)
* Inside TON: Cross-shard messaging is native; CATI transfers are fully interoperable across shards with no extra trust assumptions.
* Cross-chain: a bridge handled manually is enabled to bridge CATI between TON and Mantle networks, the maximum supply of CATI is always maintained at 1,000,000,000 CATI.
### 03. Technology used
Base blockchain (DLT)
The Open Network (TON), a public, permissionless, Proof‑of‑Stake blockchain with sharded architecture (masterchain, workchains, shardchains).
Smart contract runtime
TON Virtual Machine (TVM) executes deterministic bytecode with gas metering.
Contract code and state are stored in TON’s Bag‑of‑Cells (B.o.C.) data structure.
Token standard
Jetton (TIP‑3.x) fungible token standard.
Architecture: one Jetton master contract (defines metadata, supply policy) and per‑holder Jetton wallet contracts (track balances, process transfers).
Programming languages and build tools
FunC for contract implementation (compiled to TVM bytecode).
Fift for low‑level scripts, deployment, and debugging where needed.
Toolchain: FunC compiler, Fift tools, and B.o.C. packers; optional use of toncli or similar build pipelines.
Addressing and key cryptography
Account addressing: 256‑bit account ID + workchain ID; user‑friendly base64url format with checksum.
Cryptography: ED25519 for account keys and multisig controllers.
Deterministic addressing for Jetton wallets derived from the master contract and owner address.
Messaging and transaction layer
Asynchronous internal message passing for transfers and contract calls.
Standard Jetton opcodes for transfer, mint, burn, and receipts/bounce handling.
Cross‑shard delivery secured via Merkle proofs acknowledged in the masterchain.
Fees and storage
Gas fees for compute, storage I/O, and message size.
Storage “rent” for persistent contract state; transfers can include forward\_ton\_amount to fund recipient wallets’ rent.
Metadata and data formats
On‑chain metadata as key‑value cells or a “content” cell referencing off‑chain JSON (HTTPS/IPFS), optionally with content hash for integrity.
UTF‑8 for strings; B.o.C. for proofs and artifacts.
Node software and client interfaces
TON validator/full node software for network participation and data availability.
Light client and SDKs (e.g., tonweb, ton.js) for dApp/wallet integration.
Explorers/indexers that implement Jetton parsing for balances, holders, and supply.
Security and governance components
Optional multisig admin contract (TVM multisig) to manage mint/burn/upgrade rights, if applicable.
Audit and verification practices for Jetton master/wallet code; adherence to standard bounce/re‑entrancy handling patterns.
Issuer‑specific fields to complete
Jetton implementation/version: TIP‑3.X
Master contract address (workchain): EQD-cvR0Nz6XAyRBvbhz-abTrRC6sI5tvHvvpeQraV9UAAD7
Decimals: 9
Maximum supply: 1,000,000,000 CATI
Admin/governance model (immutable/multisig/DAO): admin right has been sent to burn address: UQAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAJKZ
### 04. Consensus mechanism (TON)
**Model**
* Proof‑of‑Stake (PoS) with Byzantine Fault Tolerant (BFT) mechanics.
* Validators stake TON, are elected, and collectively produce and validate blocks across the network’s shards.
**Validator set and elections**
* Validators lock TON to participate. Elections and stake weights are coordinated via the masterchain.
* The active validator set is periodically rotated based on staked amounts and protocol rules to maintain decentralization and liveness.
**Sharded block production**
* TON is sharded: a masterchain plus multiple workchains, each split into shardchains.
* Validators are assigned to specific shardchains for an epoch/round to produce blocks in parallel, increasing throughput.
**Consensus protocol and finality**
* Blocks are proposed and validated using a PoS+BFT protocol. A block is considered finalized when its shardchain block is referenced and confirmed in the masterchain.
* Under normal network conditions, confirmations occur within seconds to tens of seconds.
* Safety holds as long as less than one‑third of the validator voting power is Byzantine. Malicious validators risk slashing of their staked TON.
**Cross‑shard correctness**
* TON uses asynchronous cross‑shard messaging with cryptographic proofs. Inclusion of shard proofs in the masterchain ensures ordered delivery and finality of cross‑shard transactions.
**Economic incentives and penalties**
* Validators earn rewards (block rewards/fees) proportional to stake and performance.
* Misbehavior (double‑signing, protocol violations) or prolonged downtime can lead to penalties and slashing, protecting the network against equivocation and censorship.
**Implications for CATI**
* CATI token transfers and smart‑contract calls inherit PoS security and finality from TON.
* Finality is achieved once the relevant shardchain blocks are confirmed by the masterchain; after this, CATI transactions are economically irreversible.
* Liveness and throughput benefit from sharded block production, enabling high user concurrency for CATI.
**Risks and assumptions**
* Security depends on sufficient economic decentralization of the validator set.
* Network‑wide attacks would require controlling ≥1/3 of validator power to break safety; ≥2/3 to halt progress.
* As a public blockchain, TON offers pseudonymous transparency; it does not provide built‑in privacy for CATI transactions.
### 05. Incentive mechanisms and applicable fees
**Incentive mechanism (network-level, inherited by CATI)**
* **Validators (supply side)**
* Stake TON to join the validator set and produce/validate blocks.
* Earn rewards from:
* Block rewards (protocol‑defined inflation, if active) and transaction fees.
* Fees from storage rent collected on accounts/contracts.
* Face penalties/slashing for misbehavior (e.g., double‑signing) or downtime, aligning incentives toward honest participation.
* **Users and dApps (demand side)**
* Pay fees in TON for executing transactions and storing state.
* Benefit from fast confirmation and high throughput, which encourages on‑chain CATI utility (payments, swaps, staking in dApps).
* **CATI holders and integrators (token-level)**
* CATI itself is a Jetton (TIP‑3.x) and does not mint protocol rewards by default.
* Any additional incentives (e.g., liquidity mining, staking, airdrops) are application‑specific and must be disclosed by CATI’s issuer or affiliated dApps.
* DEX liquidity providers earn trading fees; yield depends on the specific DEX (e.g., STON.fi) and pool parameters.
**Applicable fees (what you actually pay)**
* **TON gas (compute + bandwidth)**
* Every CATI operation is a TON transaction consuming gas for:
* Compute steps executed in the TVM.
* Message size (bytes) for internal messages.
* Gas is paid in TON (not in CATI). Fees vary with message complexity and network conditions but are typically fractions of a TON.
* **Storage rent (state persistence)**
* Contracts pay continuous rent proportional to their persistent state size.
* Jetton design forwards a small TON amount during transfers to ensure the recipient jetton wallet can cover rent (forward\_ton\_amount).
* If a wallet/contract becomes underfunded, it can be frozen and eventually pruned unless refilled.
* **Jetton transfer flow fees (TIP‑3.1 pattern)**
* A standard token transfer triggers:
* transfer from sender’s jetton wallet.
* internal\_transfer to recipient’s jetton wallet.
* transfer\_notification to the recipient address (or back to sender) plus excess refunds.
* Each hop consumes gas and may require attaching small TON amounts:
* Fee for sender wallet execution.
* Forwarded TON to fund recipient wallet execution and rent.
* Tiny amount for notify message.
* Net effect: you’ll see multiple small TON debits and usually an “Excess” refund of unused TON back to the sender.
* **DEX and aggregator fees (if swapping CATI)**
* Liquidity pool swap fees (e.g., 0.3% or pool‑specific), paid in the swapped asset.
* Routing/aggregator fees if using third‑party routers.
* Usual TON gas and potential extra internal messages for multi‑hop routes.
* **Bridge/oracle fees (if used)**
* Cross‑chain bridges charge service fees and require on‑chain gas on both sides; these are third‑party and not native to CATI.
**What the example transaction shows (from Tonviewer)**
* **Actions**: Jetton Transfer → Jetton Internal Transfer → Jetton Notify, with “Excess” refunds.
* **TON debits per step (illustrative from the page)**:
* \~0.0323 TON for internal transfer execution,
* 0.0001 TON for notify,
* Excess TON returned to the sender.
* This is the standard cost profile of a TIP‑3.1 transfer: small TON amounts attached, then unused TON is refunded.
**Best‑practice tips to minimize fees and rent risk**
* Keep a small TON balance in your wallet to fund gas and forward\_ton\_amount for token transfers.
* When integrating CATI in a dApp:
* Use canonical TIP‑3.1 payloads to ensure explorers/wallets can optimize gas and show refunds clearly.
* Right‑size forward\_ton\_amount: enough to execute and maintain recipient wallet rent, but not excessive.
* Batch operations where possible to reduce message overhead.
* For high‑volume transfers, monitor storage size of jetton wallets and clean up unused state if your implementation supports it.
### 06. Use of distributed ledger technology
No, DLT is neither operated by the issuer nor a third party acting on the issuer’s behalf.
### 07. DLT functionality description
Not applicable
### 08. Audit
Audit has been performed.
### 09. Audit outcome
Issues were identified and fully remediated prior to deployment.
### Part I – Information on risks
### 01. Offer-related risks
01\. Regulatory and Compliance
This white paper has been prepared with utmost caution; however, uncertainties in the regulatory requirements and future changes in regulatory frameworks could potentially impact the token's legal status and its tradability. There is also a high probability that other laws will come into force, changing the rules for the trading of the token. Therefore, such developments shall be monitored and acted upon accordingly.
02\. Operational and Technical
Blockchain Dependency: The token is entirely dependent on the blockchain the crypto- asset is issued upon. Any issues, such as downtime, congestion, or security vulnerabilities within the blockchain, could adversely affect the token's functionality.
Smart Contract Risks: Smart contracts governing the token may contain hidden vulnerabilities or bugs that could disrupt the token offering or distribution processes.
Connection Dependency: As the trading of the token also involves other trading venues, technical risks such as downtime of the connection or faulty code are also possible.
Human errors: Due to the irrevocability of blockchain-transactions, approving wrong transactions or using incorrect networks/addresses will most likely result in funds not being accessibly anymore.
Custodial risk: When admitting the token to trading, the risk of losing clients assets due to hacks or other malicious acts is given. This is due to the fact the token is hold in custodial wallets for the customers.
03\. Market and Liquidity
Volatility: The token will most likely be subject to high volatility and market speculation. Price fluctuations could be significant, posing a risk of substantial losses to holders.
Liquidity Risk: Liquidity is contingent upon trading activity levels on decentralized exchanges (DEXs) and potentially on centralized exchanges (CEXs), should they be involved. Low trading volumes may restrict the buying and selling capabilities of the tokens.
04\. Counterparty
As the admission to trading involves the connection to other trading venues, counterparty risks arise. These include, but are not limited to, the following risks:
General Trading Platform Risk: The risk of trading platforms not operating to the highest standards is given. Examples like FTX show that especially in nascent industries, compliance and oversight-frameworks might not be fully established and/or enforced.
Listing or Delisting Risks: The listing or delisting of the token is subject to the trading partners internal processes. Delisting of the token at the connected trading partners could harm or completely halt the ability to trade the token.
05\. Liquidity
Liquidity of the token can vary, especially when trading activity is limited. This could result in high slippage when trading a token.
06\. Failure of one or more Counterparties
Another risk stems from the internal operational processes of the counterparties used. As there is no specific oversight other than the typical due diligence check, it cannot be guaranteed that all counterparties adhere to the best market standards.
Bankruptcy Risk: Counterparties could go bankrupt, possibly resulting in a total loss for the clients assets hold at that counterparty.
### 02. Issuer-related risks
01\. Insolvency
As with every other commercial endeavor, the risk of insolvency of the issuer is given. This could be caused by but is not limited to lack of interest from the public, lack of funding, incapacitation of key developers and project members, force majeure (including pandemics and wars) or lack of commercial success or prospects.
02\. Counterparty
In order to operate, the issuer has most likely engaged in different business relationships with one or more third parties on which it strongly depends on. Loss or changes in the leadership or key partners of the issuer and/or the respective counterparties can lead to disruptions, loss of trust, or project failure. This could result in a total loss of economic value for the crypto-asset holders.
03\. Legal and Regulatory Compliance
Cryptocurrencies and blockchain-based technologies are subject to evolving regulatory landscapes worldwide. Regulations vary across jurisdictions and may be subject to significant changes. Non-compliance can result in investigations, enforcement actions, penalties, fines, sanctions, or the prohibition of the trading of the crypto-asset impacting its viability and market acceptance. This could also result in the issuer to be subject to private litigation. The beforementioned would most likely also lead to changes with respect to trading of the crypto-asset that may negatively impact the value, legality, or functionality of the crypto-asset.
04\. Operational
Failure to develop or maintain effective internal control, or any difficulties encountered in the implementation of such controls, or their improvement could harm the issuer's business, causing disruptions, financial losses, or reputational damage.
05\. Industry
The issuer is and will be subject to all of the risks and uncertainties associated with a memecoin-project, where the token issued has zero intrinsic value. History has shown that most of this projects resulted in financial losses for the investors and were only set- up to enrich a few insiders with the money from retail investors.
06\. Reputational
The issuer faces the risk of negative publicity, whether due to, without limitation, operational failures, security breaches, or association with illicit activities, which can damage the issuer reputation and, by extension, the value and acceptance of the crypto-asset.
07\. Competition
There are numerous other crypto-asset projects in the same realm, which could have an effect on the crypto-asset in question.
08\. Unanticipated Risk
In addition to the risks included in this section, there might be other risks that cannot be foreseen. Additional risks may also materialize as unanticipated variations or combinations of the risks discussed.
### 03. Crypto-assets-related risks
01\. Valuation
As the crypto-asset does not have any intrinsic value, and grants neither rights nor obligations, the only mechanism to determine the price is supply and demand. Historically, most crypto-assets have dramatically lost value and were not a beneficial investment for the investors. Therefore, investing in these crypto-assets poses a high risk, and the loss of funds can occur.
02\. Market Volatility
Crypto-asset prices are highly susceptible to dramatic fluctuations influence by various factors, including market sentiment, regulatory changes, technological advancements, and macroeconomic conditions. These fluctuations can result in significant financial losses within short periods, making the market highly unpredictable and challenging for investors. This is especially true for crypto-assets without any intrinsic value, and investors should be prepared to lose the complete amount of money invested in the respective crypto-assets.
03\. Liquidity Challenges
Some crypto-assets suffer from limited liquidity, which can present difficulties when executing large trades without significantly impacting market prices. This lack of liquidity can lead to substantial financial losses, particularly during periods of rapid market movements, when selling assets may become challenging or require accepting unfavorable prices.
04\. Asset Security
Crypto-assets face unique security threats, including the risk of theft from exchanges or digital wallets, loss of private keys, and potential failures of custodial services. Since crypto transactions are generally irreversible, a security breach or mismanagement can result in the permanent loss of assets, emphasizing the importance of strong security measures and practices.
05\. Scams
The irrevocability of transactions executed using blockchain infrastructure, as well as the pseudonymous nature of blockchain ecosystems, attracts scammers. Therefore, investors in crypto-assets must proceed with a high degree of caution when investing in if they invest in crypto-assets. Typical scams include – but are not limited to – the creation of fake crypto-assets with the same name, phishing on social networks or by email, fake giveaways/airdrops, identity theft, among others.
06\. Blockchain Dependency
Any issues with the blockchain used, such as network downtime, congestion, or security vulnerabilities, could disrupt the transfer, trading, or functionality of the crypto-asset.
07\. Smart Contract Vulnerabilities
The smart contract used to issue the crypto-asset could include bugs, coding errors, or vulnerabilities which could be exploited by malicious actors, potentially leading to asset loss, unauthorized data access, or unintended operational consequences.
08\. Privacy Concerns
All transactions on the blockchain are permanently recorded and publicly accessible, which can potentially expose user activities. Although addresses are pseudonoymous, the transparent and immutable nature of blockchain allows for advanced forensic analysis and intelligence gathering. This level of transparency can make it possible to link blockchain addresses to real-world identities over time, compromising user privacy.
09\. Regulatory Uncertainty
The regulatory environment surrounding crypto-assets is constantly evolving, which can directly impact their usage, valuation, and legal status. Changes in regulatory frameworks may introduce new requirements related to consumer protection, taxation, and anti-money laundering compliance, creating uncertainty and potential challenges for investors and businesses operating in the crypto space. Although the crypto-asset do not create or confer any contractual or other obligations on any party, certain regulators may nevertheless qualify the crypto-asset as a security or other financial instrument under their applicable law, which in turn would have drastic consequences for the crypto-asset, including the potential loss of the invested capital in the asset. Furthermore, this could lead to the sellers and its affiliates, directors, and officers being obliged to pay fines, including federal civil and criminal penalties, or make the crypto- asset illegal or impossible to use, buy, or sell in certain jurisdictions. On top of that, regulators could take action against the issuer as well as the trading platforms if the the regulators view the token as an unregistered offering of securities or the operations otherwise as a violation of existing law. Any of these outcomes would negatively affect the value and/or functionality of the crypot-asset and/or could cause a complete loss of funds of the invested money in the crypto-asset for the investor.
10. Counterparty risk
Engaging in agreements or storing crypto-assets on exchanges introduces counterparty risks, including the failure of the other party to fulfill their obligations. Investors may face potential losses due to factors such as insolvency, regulatory non-compliance, or fraudulent activities by counterparties, highlighting the need for careful due diligence when engaging with third parties.
11. Reputational concerns
Crypto-assets are often subject to reputational risks stemming from associations with illegal activities, high-profile security breaches, and technological failures. Such incidents can undermine trust in the broader ecosystem, negatively affecting investor confidence and market value, thereby hindering widespread adoption and acceptance.
12. Technological Innovation
New technologies or platforms could render Solana's design less competitive or even break fundamental parts (i.e., quantum computing might break cryptographic algorithms used to secure the network), impacting adoption and value. Participants should approach the crypto-asset with a clear understanding of its speculative and volatile nature and be prepared to accept these risks and bear potential losses, which could include the complete loss of the asset's value.
13. Community and Narrative
As the crypto-asset has no intrinsic value, all trading activity is based on the intended market value is heavily dependent on its community and the popularity of the memecoin narrative. Declining interest or negative sentiment could significantly impact the token’s value.
14. Interest Rate Change
Historically, changes in interest, foreign exchange rates, and increases in volatility have increased credit and market risks and may also affect the value of the crypto-asset. Although historic data does not predict the future, potential investors should be aware that general movements in local and other factors may affect the market, and this could also affect market sentiment and, therefore most likely also the price of the crypto-asset.
15. Taxation
The taxation regime that applies to the trading of the crypto-asset by individual holders or legal entities will depend on the holder’s jurisdiction. It is the holder’s sole responsibility to comply with all applicable tax laws, including, but not limited to, the reporting and payment of income tax, wealth tax, or similar taxes arising in connection with the appreciation and depreciation of the crypto-asset.
16. Anti-Money Laundering/Counter-Terrorism Financing
It cannot be ruled out that crypto-asset wallet addresses interacting with the crypto-asset have been, or will be used for money laundering or terrorist financing purposes, or are identified with a person known to have committed such offenses.
17. Market Abuse
It is noteworthy that crypto-assets are potentially prone to increased market abuse risks, as the underlying infrastructure could be used to exploit arbitrage opportunities through schemes such as front-running, spoofing, pump-and-dump, and fraud across different systems, platforms, or geographic locations. This is especially true for crypto-assets with a low market capitalization and few trading venues, and potential investors should be aware that this could lead to a total loss of the funds invested in the crypto-asset.
18. Timeline and Milestones
Critical project milestones could be delayed by technical, operational, or market challenges.
### 04. Project implementation-related risks
As this white paper relates to the "Admission to trading" of the crypto-asset, the implementation risk is referring to the risks on the Crypto Asset Service Providers side. These can be, but are not limited to, typical project management risks, such as key- personal-risks, timeline-risks, and technical implementation-risks.
### 05. Technology-related risks
As this white paper relates to the "Admission to trading" of the crypto-asset, the technology-related risks mainly lie in the settling on the Solana-Network.
01\. Blockchain Dependency Risks
TON Network Downtime: Potential outages or congestion on the TON blockchain could interrupt on-chain token transfers, trading, and other functions.
Scalability Challenges: Despite Solana's comparatively high throughput design, unexpected demand or technical issues might compromise its performance.
02\. Smart Contract Risks
Vulnerabilities: The smart contract governing the token could contain bugs or vulnerabilities that may be exploited, affecting token distribution or vesting schedules.
03\. Wallet and Storage Risks
Private Key Management: Token holders must securely manage their private keys and recovery phrases to prevent permanent loss of access to their tokens, which includes Trading-Venues, who are a prominent target for dedicated hacks.
Compatibility Issues: The tokens require TON-compatible wallets for storage and transfer. Any incompatibility or technical issues with these wallets could impact token accessibility.
04\. Network Security Risks
Attack Risks: The TON blockchain may face threats such as denial-of-service (DoS) attacks or exploits targeting its consensus mechanism, which could compromise network integrity.
Centralization Concerns: Although claiming to be decentralized, TON’s relatively smaller number of validators/concentration of stakes within the network compared to other blockchains and the influence of the TON Foundation might pose centralization risks, potentially affecting network resilience.
05\. Evolving Technology Risks: Technological Obsolescence: The fast pace of innovation in blockchain technology may make TON token standard appear less competitive or become outdated, potentially impacting the usability or adoption of the token.
### 06. Mitigation measures
None.
### Part J – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
### 01. Adverse impacts on climate and other environment-related adverse impacts
### 01. Name
Catizen Limited
### 02. Relevant legal entity identifier
254900NMEW3ERVK9YO69
### 03. Name of the crypto-asset
CATI
### 04. Consensus Mechanism (TON)
**Model**
* Proof‑of‑Stake (PoS) with Byzantine Fault Tolerance (BFT).
* Validators lock TON to participate in block production and validation.
**Validator elections and rotation**
* Stakes are placed and elections happen on the masterchain.
* The active validator set is periodically rotated; voting power is proportional to stake.
* Objective: decentralization, liveness, and resistance to capture.
**Sharded architecture**
* TON consists of a masterchain and multiple workchains, each split into shardchains.
* Validators are assigned to shardchains for epochs/rounds, producing blocks in parallel to scale throughput.
**Block proposal, validation, and finality**
* Blocks are proposed and confirmed via a PoS+BFT protocol.
* Finality: a shardchain block is economically finalized when it’s referenced and confirmed in the masterchain.
* Typical confirmation times: seconds to tens of seconds, depending on network conditions.
**Cross‑shard messaging**
* Asynchronous internal messages carry transactions between shards.
* Inclusion of cryptographic proofs (Merkle proofs) in the masterchain ensures ordered, secure delivery across shards.
**Incentives and slashing**
* Validators earn rewards from block rewards/fees and storage rent.
* Misbehavior (e.g., double‑signing, censorship) or prolonged downtime can incur penalties or slashing of staked TON.
**Security assumptions**
* Safety holds if less than one‑third of validator power is Byzantine.
* Liveness requires at least two‑thirds honest participation.
* Economic security scales with the total value staked and validator decentralization.
**Implications for CATI**
* CATI transfers and smart‑contract calls inherit TON’s PoS security and finality.
* Once included and confirmed in the masterchain, CATI transactions are considered final.
* High throughput and sharding support large holder counts and frequent transfers with low latency.
### 05. Incentive Mechanisms and Applicable Fees
**Incentive mechanisms (network level, inherited by CATI)**
* **Validators**
* Stake TON to join the validator set and produce/validate blocks.
* Earn: transaction fees, a share of protocol rewards (if/when defined), and portions of storage rent.
* Face penalties/slashing for misbehavior or downtime, aligning incentives toward honest operation.
* **Users and dApps**
* Pay TON for gas and storage; benefit from fast finality and high throughput.
* Activity (payments, swaps, transfers of CATI) drives fee revenue to validators, sustaining the network.
**Incentive mechanisms (CATI token level)**
* **Jetton standard**
* CATI is a TIP‑3.x Jetton. The standard itself doesn’t pay yield to holders by default.
* Any emissions, buybacks, staking, or liquidity mining are application/issuer‑defined and should be disclosed by CATI’s team if they exist.
* **Liquidity providers and integrators**
* DEX LPs (e.g., STON.fi pools) earn trading fees from swaps that include CATI; APR depends on pool parameters and volume.
* Market makers/routers may receive routing or performance fees per their integrations.
**Applicable fees you’ll encounter**
* **Gas (paid in TON)**
* Covers compute steps in TVM and message sizes.
* Each CATI transfer consists of multiple internal messages (transfer → internal\_transfer → transfer\_notification), each consuming gas.
* Typical cost: small fractions of a TON per transfer; varies with payload size and network load.
* **Storage rent**
* Persistent state (jetton master and per‑holder wallet contracts) accrues rent over time.
* Transfers usually include a small forward\_ton\_amount to the recipient wallet to cover execution and rent; unused TON is refunded as “Excess.”
* **DEX/trading fees (if swapping CATI)**
* Pool fee (commonly around 0.3%, but pool‑specific).
* Possible aggregator/router fee for multi‑hop routes.
* Plus standard TON gas for each swap leg.
* **Bridge/oracle fees (if used)**
* Third‑party bridges charge service fees and also require gas on both chains; risks and costs depend on the provider.
**What the referenced transaction pattern shows**
* Tonviewer shows for CATI transfers: Jetton Transfer → Jetton Internal Transfer → Jetton Notify, with small TON amounts for each step and “Excess” refunds.
* Example lines you may see:
* \~0.03 TON for internal transfer execution,
* \~0.0001 TON for notify,
* Excess TON returned to the sender after execution.
* This is consistent with a standard TIP‑3.1 flow and cost structure.
**Best practices to minimize costs and manage rent**
* Keep a small TON balance in your wallet to cover gas and forward\_ton\_amount for token transfers.
* When integrating CATI in a dApp:
* Use the canonical TIP‑3.1 transfer layout to ensure compatibility and predictable refunds.
* Right‑size forward\_ton\_amount so the recipient wallet remains rent‑covered without overpaying.
* Batch operations or use routers that minimize message hops.
### 06. Beginning of the period to which the disclosure relates
20 September 2025
### 07. End of the period to which the disclosure relates
19 September 2026
### 08. Energy consumption
Estimated annual energy consumption:
Low: 1 MWh / year\
Mid: 4 MWh / year\
High: 20 MWh / year
### 09. Energy consumption sources and methodologies
* Step 1 — Estimate TON network electricity use (E\_TON)
* E\_TON = N\_active × P\_node\_kW × hours × duty × PUE × M
* N\_active: average active validators over the period.
* P\_node\_kW: average real power per validator node (include sentry/backup if not modeled separately).
* hours: 24 × 365 for the reporting year.
* duty: validator uptime (e.g., 0.95–1.00).
* PUE: datacenter PUE (e.g., 1.2–1.6).
* M: optional multiplier for additional nodes per validator (e.g., 1.0–2.0) if not embedded in P\_node\_kW.
* Cross-check: Compare E\_TON per validator to peer PoS chains and any available operator disclosures.
* Step 2 — Allocate to CATI
* Preferred activity share: s\_gas = (CATI-related gas) / (total TON gas) for the same period.
* Fallback: s\_tx = (CATI-tagged transactions) / (total TON transactions).
* E\_CATI = s × E\_TON, where s = s\_gas when available, else s\_tx.
* Note: Document how CATI-related gas/txs are identified (contract addresses, event signatures).
Sources
* N\_active: TON masterchain election snapshots; explorers (Tonviewer, tonapi).
* P\_node\_kW: operator measurements, validator disclosures; vendor/server power under load; cloud instance power studies.
* PUE: Uptime Institute, hyperscaler sustainability reports (region-specific where possible).
* Activity share s: on-chain analytics/indexers with gas-by-contract; else explorer transaction counts.
* Benchmarks: Academic/industry PoS energy assessments for plausibility bounds.
Output
* Provide low/mid/high scenarios by varying N\_active, P\_node\_kW, duty, PUE, and s within documented ranges.
* State all assumptions, the exact 12‑month period, scope boundaries, and any exclusions (e.g., end-user devices, developer infrastructure).
### 10. Renewable energy consumption
27%
### 11. Energy intensity
0.00000 kWh
### 12. Scope 1 DLT GHG emissions – Controlled
0.00000 tCO2e/a
### 13. Scope 2 DLT GHG emissions – Purchased
0.01388 tCO2e/a
### 14. GHG intensity
0.00000 kgCO2e
### 15. Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal energy cost wrt. one more transaction.
Ember (2025); Energy Institute - Statistical Review of World Energy (2024) – with major processing by Our World in Data. “Share of electricity generated by renewables – Ember and Energy Institute” \[dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” \[original data]. Retrieved from .
### 16. Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal emission wrt. one more transaction.
Ember (2025); Energy Institute - Statistical Review of World Energy (2024) – with major processing by Our World in Data. “Carbon intensity of electricity generation – Ember and Energy Institute” \[dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” \[original data]. Retrieved from . Licenced under CC BY 4.0.
