DeFi Cattos has announced Monday, July 21 as the official date for the $CATTOS TGE, taking place a day before players can start to play to earn in the web3 game on Tuesday, July 22.

Where Will $CATTOS TGE Take Place?

The TGE for the $CATTOS token is set to take place on the Aptos network, potentially on funtasy, a token launch platform with an AI-powered SocialFi engine that uses the chain's unified liquidity and trading layer Hyperion. This is according to the profile bio of the game’s X account, as the announcement itself does not specifically mention any platform or exchange. It’s worth noting that while the funtasy website is up and running, the dApp does not seem to have launched yet, so perhaps this token will be the first or one of the first to launch there. It also seems that the token will initially only launch on Aptos, which makes sense given that the project is backed by the Layer 1 blockchain itself. No other specific decentralized or centralized exchange was announced at the time of writing.

Aside from the day, we also don’t know the specific launch time during Monday, so be sure to keep an eye on official announcements from the game’s social medial channels in the coming days to find out more details. Just one day later post-TGE, the P2E launch should take place to allow you to play and earn rewards in the game itself by playing through Telegram or a web browser.

Whether this is your first time hearing about this token or you haven’t looked into it much before, let’s take a look at what it’s all about and find out what holder utility and benefits await those who choose to buy this gaming token.

What Is $CATTOS?

$CATTOS is the primary earnable token of the CATTOS ecosystem, and as such comes with integral utility for gameplay and player progression in DeFi Cattos.

Holders can look forward to a total of 7 different key use cases, 4 of which should be available on launch:

  • Leveling up heroes and main character
  • Star upgrades & hero enhancements
  • Unlocking auto tap to earn features
  • Special event participation & exclusive purchases
  • In-game marketplace (future utility)
  • Staking & passive rewards (future utility)
  • Limited time boosters and power-ups (future features)

While players will use in-game currency SUSHI to earn XP, once 100% XP for a hero or main character is reached, the $CATTOS token then needs to be used to level up the hero or main character, enabling players to further strengthen their characters and progress through the game.

Each hero has a star rating that goes from 0 to 5 stars. Players will want to upgrade this star rating in order to improve abilities and unlock “significant” power boosts. To upgrade the star rating, players will need to pay a fee in $CATTOS tokens but also in hero shards, which can be found in chests earned as rewards from winning turn-based battles.

If you want to earn passive rewards while you’re away from the game, you will probably want to unlock auto tap to earn features, and the only way to do so will be to use the token to buy special items unlocking passive earnings. Some limited time special events may require paying an entry fee in $CATTOS tokens, while certain exclusive skins, heroes, and in-game boosts might become available for purchase with the game’s core currency.

At some point in the future, the developers aim to launch an in-game, player-to-player marketplace to enable trading and renting of various items, skins, and heroes using the $CATTOS token. If you want more passive rewards next to the auto tap to earn features, then you can probably look forward to staking being introduced eventually. By staking $CATTOS, you will be able to earn exclusive NFT skins, in-game perks, and possibly other tokens too.

The final key utility planned to be introduced later on is the ability to spend tokens on limited time boosters and power-ups. These will help speed up player progression and as such will include items that deliver EXP boosts, faster hero cooldowns, increased drop rates, and temporary tap damage multipliers.

In terms of tokenomics, while the total supply does not seem to have been revealed in official documentation, we do know that the supply should supposedly be allocated in the following way:

  • Game Rewards: 70%
  • Liquidity on Hyperion: 20%
  • CEX Listing: 5%
  • Ecosystem Development: 3%
  • Market: 2%

Information on how each allocation is used was not revealed in the tokenomics section of the official docs.

Now, let’s find out how you can play to earn the token in DeFi Cattos.

Play and Earn $CATTOS in DeFi Cattos on July 22

DeFi Cattos is a tap to earn RPG built on Aptos and designed to be played on Telegram, with a browser version going live on the game’s website on July 22, which is when the P2E phase officially begins.

In this web3 game, the goal is to build a strong team of unique cat heroes ready to take on waves of different enemies in turn-based battles in order to earn various rewards, including $CATTOS tokens.

You start off by opening treasure chests to unlock varied heroes and items. There are 5 types of chests, with better chests having a higher chance of dropping rarer heroes. Though you might be able to play and possibly earn for free, chests are not free, but instead have to be purchased using $APT tokens, with the cheapest chest costing 1 $APT.

Each hero differs in stats, skills, equippable items and more, allowing for plenty of different strategies and team setups. Next to heroes, you also have your own customizable main character that can be leveled up to increase the amount of tap damage you inflict on various monsters. The level of your character dictates the levels of heroes in your team, so if your character is level 5, heroes in your team cannot go above that level until you level up your main character.

As you play with your team, you get to engage in various turn-based battles featuring waves of enemies to defeat, with your heroes taking turns to automatically attack. You progress through increasingly challenging stages, with a boss battle awaiting you at the end of each stage. By clearing stages, you get to earn various rewards, including chests and $CATTOS tokens.

By simply winning turn-based battles and enjoying the game, you get to earn $CATTOS tokens through gameplay. That’s the main way to play and earn the token in the game, and players are encouraged to start playing as early as possible thanks to the inclusion of a halving mechanism.

The halving mechanism is designed to lower the number of tokens being distributed based on the remaining total reward pool. With this system, when 50% of the rewards pool has been distributed, the mechanism will kick in and automatically halve player earnings, so if you’re, for example, potentially earning 10 $CATTOS tokens a day initially, your rewards will drop to 5 $CATTOS tokens a day once halving is activated. The halving process will continue to be used every time another 50% of the reward pool is distributed, continuously lowering earnings to reward early players and long-term commitment while “addressing a common issue in GameFi projects where early adopters face value dilution due to inflation,” according to the game’s documentation. 

That being said, if you want to make the most out of earning tokens from playing this game, you will probably want to jump in as soon as possible once the play to earn system is live on July 22.