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- Published: March 25, 2022 10:00
New Delhi: A newly launched memecoin, Catecoin built on the depiction of cats in the crypto world has announced plans to expand its in-game economy. From the upcoming week of March, players will be able to earn CatPay tokens by playing a game called the Rise of Cats on their phones and desktops. Besides, these tokens will be used in the form of in-game currency and can be spent on upgrading cats and playing the tournament entry fee.
Reportedly, the makers hinted at March 24, for the launch of CatPay. At the same time, the users of this memecoin are eagerly waiting for a new gaming experience where players can earn CatPay tokens by playing the game. This concept follows Axie Infinity policy, where gamers earn SLP (Smooth Love Potion) tokens to play the game. Similarly, the gamers will earn a CatPay token to play the Rise of Cats game.
The Most awaited @Catpayio token launch is happening on Mar 24, 7:30 UTC on https://t.co/je2OkPz8vw
Catpay is reward token by #CateCoin used in #RiseOfCats #play2earn game.
4 Better understanding#Cate = AXS#CatPay = SLP
Stake your #catecoin to participate#ido #cryptos pic.twitter.com/OxFA4PmLMY
— CateCoin (@catecoin) March 22, 2022
High return on investment
Notably, those who had invested just $100 in Catecoin, acquired a return of $50,000 in a few months of launching. Besides, the launch has created a craze on Catecoin’s popularity and many people are predicting that CatPay will also give the same return. CatPay token will enable the value of Catecoin to rise again, providing splendid returns to the investors.
CatPay tokens and its usability
The team behind CatPay is working hard to ensure that the token comes with a multitude of properties. The token earned can be traded or sent and received between wallets.
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. https://t.co/qARVQN0E0Z— CateCoin (@catecoin) March 18, 2022
Also, the host of CatPay developers is introducing meme stalking where users can stake popular meme coins like Shiba Inu and baby Doge to earn CatPay tokens.
Transferring of CatPay tokens from one wallet to another happens in seconds, without paying any additional fees or taxes for the transfer. In other words it is free.
What’s more?
Rise of Cats intends to use a portion of its transaction volume to buy back and burn CatPay. Apart from earning CatPay by playing the game, you can have your assets appreciated as the number of CatPay tokens shrinks. Currently, the market capitalisation of CatPay token stands at $300K.
