BlockchainCatizen's Rising User Base: Transforming the Future of Web3...

Catizen’s Rising User Base: Transforming the Future of Web3 Gaming

Total Catizen Users: Unprecedented Growth and User Engagement

Since its inception, Catizen has attracted over 27 million players, with 500,000 transitioning to paying users, half of whom are new to the Web3 ecosystem. The game’s integration with Telegram’s vast user base of over 900 million has been instrumental in its success. This strategic alignment has enabled Catizen to set a new benchmark in converting casual gamers into engaged Web3 participants.

Current Catizen Statistics:

Total Users: 27,939,929

Daily Users: 1,321,067

On-Chain Users: 1,730,351

On-Chain Transactions: 23,478,028

X Followers: 2,027,277

Channel Subscribers: 5,260,162

In the last 90 days, Catizen has witnessed a significant rise in unique active wallets (UAWs), from 47,990 in May 2024 to 113,450 by August 4, 2024, marking an increase of 65,460 UAWs. This growth demonstrates a robust and expanding ecosystem, indicative of strong user interest and engagement.

Catizen User Base Set to Skyrocket by End of 2024

Catizen has experienced remarkable growth, adding 65,460 UAWs in just three months, averaging around 21,820 UAWs per month. Should this trend continue, Catizen could add approximately 109,100 UAWs in the next five months, potentially surpassing 2.2 million UAWs by December 2024.

With an existing user base approaching 28 million and a consistent monthly growth of 1.5 to 2 million users, Catizen is on track to amass between 37 million and 40 million users by the close of 2024. Should this growth rate increase further, the figures could soar even higher, further establishing Catizen as a dominant force in the Web3 gaming sector.

Leveraging Telegram’s Ecosystem for Sustainable Growth

Catizen is harnessing Telegram’s user base and the TON ecosystem to fuel sustainable growth. By introducing more mini-apps and emphasizing transparency, engaging gameplay, and innovative revenue models, Catizen is setting new standards in Web3 gaming.

More than 40% of Telegram Premium subscribers are actively participating in Catizen and enjoying extra benefits. Catizen has an extensive user base with over 1.7 million on-chain users and over 550,000 paying users, not including its Telegram Premium subscribers.

Innovative Revenue Models and User Conversion

Catizen has redefined traditional in-app monetization by shifting from In-App Advertising (IAA) and In-App Purchases (IAP) to In-App Blockchain (IAB) and IAP. Unlike Web2 giants, Catizen encourages users to perform on-chain actions, guiding them to link their wallets and transition to Web3.

This strategy not only incentivizes users to be active on the blockchain but also helps them earn more, thereby fostering a pool of early adopters and converting them into a high-quality audience. Since its launch in March 2024, Catizen has become a popular play-to-earn game within the Telegram ecosystem, attracting millions of players and generating significant in-game earnings.

Future Prospects: Catizen Game Center

Catizen is preparing to unveil its game publishing platform, the Catizen Game Center, with ambitions to lead Web3 game distribution, similar to Steam’s role in the Web2 space. The platform will feature the Catizen SDK and Game Engine, allowing developers to easily publish HTML5-based games optimized for fast downloads.

Currently, the platform hosts 13 games, with over 200 more anticipated in the near future. This will open new revenue opportunities through publisher take-rates and advertising revenue. This effort aims to enhance the Web3 gaming experience on Telegram and simplify the game distribution process.

Conclusion

Catizen has successfully developed a unique Web3 gaming concept, with its integration with Telegram positioning it as a market leader. Through continuous addition of games and optimization of traditional monetization methods, Catizen not only attracts a high-quality audience but also paves the way for Web3 gaming. With the upcoming launch of the Catizen Game Center, Catizen is set to disrupt the gaming industry and promote long-term growth in the Web3 space.

As market sentiments remain bearish, reflected in the fear and greed index plummeting to around 27, a rebound is anticipated once sentiments shift from heavily bearish to neutral. Some buyers are already seizing this opportunity, but the market is likely to stay under bearish influence for a while longer.

Matthew Leising
Matthew Leisinghttps://www.newsalarms.com/
Matthew Leising is an accomplished journalist at NewsAlarms, specializing in trading across stocks, crypto, and forex markets. With a keen eye for market trends and in-depth analysis, he provides valuable insights into the world of financial trading

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