$CATS Announces Airdrops, Community Thrilled!
The CATS project is a meme coin built on The Open Network (TON) blockchain, targeting the large and growing Telegram user base. Recent announcements have created buzz within the community, particularly around the distribution of their native token, $CATS, and upcoming airdrop rewards.
Tokenomics
The total supply of $CATS is 600 billion, distributed as follows:
- 55% for Airdrops (split between Season 1 and Season 2)
- 12% for Exchanges
- 10% for Early Growth Supporters
- 10% for Ecosystem Funds
- 6% for the Team
- 4% for Strategic Investments
- 2% for Media Partners
- 1% for Advisory
Airdrop Season 1 & 2
For the first season of the airdrop, 30% of the total supply (180 billion $CATS) will be distributed. To qualify for the airdrop, users must:
- Own an OG pass
- Conduct daily transactions
- Complete in-app activities such as tasks, friend invitations, and AI farming.
The distribution of the Season 1 airdrop will be as follows:
- 70% to users who meet the participation criteria. Larger transactions will result in larger rewards, with additional bonuses for those with a higher CATS Points Balance.
- 30% to active community contributors.
The final snapshot for Season 1 is set for September 30, 2024, at 21:00 UTC, after which the rewards will be calculated and distributed.
Season 2 Launch
Season 2 will begin immediately after the Season 1 snapshot. This phase will focus on AI photo farming, where users can craft their own unique CAT PFPs (Profile Pictures). More engagement and rewards are expected for active participants.
Emphasis on Community Growth
The CATS project aims to reward users who invest time and effort into growing the community, discouraging short-term speculators. This approach ensures that the larger rewards go to genuine members contributing to the project’s long-term success.
These announcements have sparked significant interest within the CATS community, especially with the promising airdrop and engagement activities.
