The new token will be given to users as rewards for playing the Rise of Cats game.
Catecoin Introduce CatPay Reward Token
CateCoin has introduced the CatPay reward token for its PlayToEarn (P2E) product, Rise of Cats v2 GameFi. Players will now earn CatPay tokens while they play the game.
CatPay was unveiled to the public via Twitter on March 18. According to the protocol’s tweet, the token will facilitate all in-game transactions within the GameFi ecosystem.
“Introducing #catpay a decentralized reward token for #catecoin. CatPay is a kind of universal token in the Rise of Cats world, and players can earn CatPay by playing Rise of Cats. Catpay can be used to upgrade cats in-game, pay entry fees, and unlock various future game features,” wrote Catecoin.
The Catecoin team has been developing the Rise of Cats game. Following two rounds of Beta testing, it has added new features, including tournament gameplay, battle records, and leaderboards, in preparation for the v2 launch. CatPay, which is the latest addition by the team, is another welcome development for lovers of the game.
Catecoin, unlike regular memecoins, was launched with the intention of adding value to users. Alongside the GameFi product, the protocol also has a native Catecoin wallet plus staking application, which now has support for six blockchains. Catecoin’s tweet on March 12 listed all the supported chains, including the most prominent BNB Chain, Ethereum, and Polygon.
Rise of Cats v2 launch is imminent, and the latest features plus the innovative CatPay reward token are massive for the protocol’s progressive development in the Decentralized Finance (DeFi) space.
What is Catecoin
Catecoin is a utility-oriented meme creation and content farming platform made to help meme creators earn from their creativity. The creative meme community can share their content and earn from the community response. CATE is the native token of Catecoin, and CATE’s limited supply and burn mechanism aim to increase the token’s value offering rewards to long-term hodlers. The creative community will also be able to sell their memes via NFT minting.
Where to find Catecoin:
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