The Open Platform (TOP) has announced a strategic investment in Pluto Studio, the developer behind the rapidly growing Telegram-based crypto game, Catizen.
The Open Platform (TOP) has announced a strategic investment in Pluto Studio, the developer behind the rapidly growing Telegram-based crypto game, Catizen. Catizen has been gaining significant traction alongside other major Telegram crypto games. Pluto Studio revealed on Monday that the game has now attracted around 25 million players.
TOP is a key developer within The Open Network (TON) blockchain ecosystem. TOP is well-known for developing the popular Wallet bot on Telegram and co-developing Notcoin, the original Telegram-based crypto game that sparked the trend earlier this year. The specific amount of TOP's investment in Pluto Studio remains undisclosed.
Catizen's gameplay revolves around simple puzzle matching mechanics, where players merge and upgrade felines in a cat café. The aim is to earn a greater share of an upcoming token airdrop. Pluto Studio also announced that 43% of the total token supply will be distributed to players via an airdrop, with the token set to launch on the TON blockchain. Pluto Studio aims to expand Catizen into an attention economy hub by continuously releasing more mini-games through its ecosystem platform.
"The Catizen team has launched one of the most successful social games in the Telegram mini-apps ecosystem to date," said Andrew Rogozov, founder and CEO of The Open Platform, in a press release. "Their innovative approach is setting a new standard for thousands of developers. They are shaping the future of gaming on Telegram."
In related news, TOP also announced a separate investment on Monday in Akedo Games. This studio includes developers who have previously worked on popular titles such as League of Legends and PUBG Mobile. Akedo Games is currently developing a virtual pet game for Telegram, where players can collect, nurture, and battle an “AkeDog.”