The world of crypto gaming and meme coins is in constant flux, with each day bringing new opportunities and potential rewards.
The world of crypto gaming and meme coins is constantly evolving, with each day presenting new opportunities and potential rewards. Recently, Catizen, a Telegram-based crypto game, has garnered immense attention with over 35 million players.
While Catizen has captivated the gaming and crypto communities, it hasn’t been without its controversies, particularly surrounding its highly anticipated token airdrop. Meanwhile, another project, Crypto All-Stars, is gaining momentum by offering investors a chance to earn passive income through its innovative staking platform.
As the buzz around Catizen intensifies and the airdrop unfolds, those who missed out on earlier Telegram-based crypto game opportunities are turning to Crypto All-Stars for a fresh opportunity at securing early staking rewards. Here’s how both of these projects are shaping up and why Crypto All-Stars might just be the next big thing in the world of meme coin staking.
Catizen: Telegram’s Latest Crypto Game Sparks Controversy
Catizen, a swipe-to-earn feline-themed game on Telegram, has taken the crypto gaming world by storm. Developed by Pluto Studio, the game promised players an exciting token airdrop with the launch of its token, CATI, on September 20. Built on The Open Network (TON), the same blockchain used by other popular Telegram games like Hamster Kombat and Notcoin, Catizen was expected to follow in the footsteps of its predecessors by rewarding loyal players.
CATI boasts a total supply of 1 billion tokens, with 43% allocated for airdrops and community incentives. However, the distribution of these tokens has sparked frustration among players.
On September 14, Pluto Studio revealed the token allocations for players, allowing them to transfer their shares to exchanges ahead of the token generation event (TGE) on September 20. While some players eagerly anticipated the rewards, others were left dissatisfied with their allocations, causing controversy and backlash within the community.
Players expressed discontent over the airdrop criteria, accusing the developers of changing the allocation process at the last minute. Initially, Pluto Studio had promised that players would receive rewards based on their in-game performance, including profit speed, fish coin activity and completed tasks.
However, the criteria were altered after the studio discovered that some users had artificially boosted their in-game earnings. As a result, many players felt that the adjustments unfairly penalized those who had been grinding in the game for months.
Despite the controversy, Catizen’s CATI token will officially launch on major exchanges like Binance, Bybit, and Bitget on September 20, and players will have the option to stake their tokens for additional rewards. While some players may feel frustrated, others are looking to capitalize on the token’s launch, hoping to benefit from future rewards campaigns.
Crypto All-Stars: A New Opportunity for Early Staking Rewards
As some players become disillusioned with the outcomes of Catizen’s airdrop, many are turning their attention to Crypto All-Stars (STARS), a new meme coin staking platform built on Ethereum.
Crypto All-Stars offers a unique opportunity for investors to earn passive income through staking popular meme coins, including Dogecoin (DOGE), Pepe (PEPE) and DogWifHat (WIF), via the platform’s MemeVault feature.
Unlike typical meme coins that rely on hype and speculative buying, Crypto All-Stars introduces a fresh approach to the market by offering real utility. Through MemeVault, investors can stake their meme coins to earn STARS tokens, the platform’s native ERC-20 token. This provides an opportunity for holders to put their assets to work, earning rewards rather than simply holding them in hopes of a future price surge.
The project’s ultimate goal is to create a “hub” for retail investors seeking to generate passive income through staking.
In addition to MemeVault, Crypto All-Stars has launched a secondary staking app that allows STARS holders to lock up their tokens to earn additional rewards, incentivising long-term holding and engagement with the platform.
Crypto All-Stars’ Rapid ICO Success
Since its initial coin offering (ICO) began on August 10, Crypto All-Stars has quickly gained traction, raising over $1.3 million to date. The ICO allows investors to purchase STARS tokens at a price of $0.0014477 each, offering an early entry point before the tokens are listed on decentralised exchanges (DEX).
The funds raised will be used to provide liquidity for the token’s future listing, with 10% of the total STARS supply allocated for DEX liquidity and 20% reserved for marketing efforts.
In terms of security, Crypto All-Stars has undergone audits by two reputable firms, Coinsult and SolidProof, both of which found no vulnerabilities in the project’s smart contracts. These audits have been made publicly available on the project’s website, ensuring transparency and trust within the community.
Crypto All-Stars
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