Crypto enterprise capital arm of HashKey has introduced its strategic funding in Pluto Studio, the publishing platform behind Telegram-based sport Catizen.AI.
HashKey Capital, the enterprise capital department of Hong Kong-based crypto firm HashKey, has supported Pluto Studio, the publishing platform behind the Telegram-based sport Catizen.AI, with a “strategic funding” in a bid to deeper its presence within the gamefi sector.
In a Jul. 30 press launch, the Hong Kong-headquartered VC agency stated that following the funding, HashKey Group may also be saying a “developing partnership with Catizen to additional amplify the notice of TON Mini-Recreation,” although particular particulars relating to the funding quantity and the character of the partnership weren’t disclosed.
As per HashKey Capital, Catizen has constructed a base of “over 500,000 paying customers,” including that this cohort units the challenge “other than different mini-apps” within the TON (TON) ecosystem.
“With Pluto Studio planning to launch over 18 further video games, this sturdy person base holds vital potential for future progress.”
HashKey Capital
The proceeds from the funding are stated for use to advance the mini-game platform, improve future initiatives, and co-develop the ecosystem. HashKey Capital may also help Pluto Studio in exploring “the potential for a mini-game revolution throughout the TON ecosystem,” the press launch reads.
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The funding announcement arrives regardless of ongoing uncertainty surrounding the airdrop of Catizen.AI’s native token, CATI. Initially slated for a July launch, the airdrop has been delayed. On July 29, Catizen.AI’s official X addressed the delay, saying “there are points that aren’t totally beneath our management,” with out offering additional particulars on the explanations or new timing for the airdrop.
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Catizen.AI isn’t alone in dealing with scrutiny over delayed token launches. One other Telegram-based challenge, Tapswap, has additionally delayed its token launch a number of occasions, with the most recent replace pushing the launch to Q3. Hamster Kombat, yet one more Telegram-based mini-app, has confronted related challenges.
Hamster Kombat, one other Telegram-based mini-app, has but to announce its token launch date. Though a number of crypto exchanges have added the HMSTR token for pre-market buying and selling, it hasn’t been formally listed. In Russia, the place the Hamster Kombat growth crew is rumored to have potential ties, lawmakers have even proposed to ban the app because of issues about attainable scams.
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