Telegram game Catizen announced on X that it will postpone the airdrop plan originally scheduled for July to achieve the long-term development and sustainability of CATI tokens. The goal is to optimize the key elements of token listing, including identifying exchanges, ensuring sufficient liquidity, providing trading options, and determining listing prices, etc. In addition, factors such as compliance and market sentiment must be considered.
In the TGE, seed round investors, advisors, and teams will not receive CATI tokens. When they receive tokens after the initial 12 months, there will be a 12-month cliff period, after which the tokens will be vested within 4 years.