Catizen 2.0: The World’s First VWA Game — Giving Players True Ownership of Their Game Assets

What’s more impressive is the strong market performance and real-world utility of the $CATI token. As the first cat-themed token listed on Binance, $CATI once reached an all-time high of $1.29, with a market cap approaching $1.3 billion. To date, over 52 million $CATI have been repurchased by the platform, and 30.89 million $CATI distributed via quarterly Airdrop Pass events — creating a sustainable and healthy token economy.

Yet, Catizen’s success also exposes a deeper truth:

The GameFi industry is facing structural challenges that can no longer be ignored.

GameFi’s Reality Check: What’s left after the hype fades

“The party’s over — it’s time to get real”

According to Gate Research’s 2024 GameFi Market Report, the industry presents a paradox: rapid growth alongside deepening fragmentation.
While the global market expanded from $19.58B to $23.75B with an annual CAGR of 28–29.5%, quality and sustainability have become major concerns.

ChainPlay’s annual review reveals that:

• 93% of GameFi projects have shut down
• The average game lifespan is only 4 months
  
  
• Over 60% of players churn within the first month
  
  
• The top-10 GameFi tokens in 2024 averaged an ROI of -10.59%
  
  

These figures signal a painful but necessary transition — from speculation-driven growth to value-driven sustainability.
Key flaws have become impossible to ignore:

• Poor UX design: confusing interfaces and complicated onboarding deter mainstream players
  
  
• Broken tokenomics: over-reliance on short-term speculative rewards
  
  
• Lack of technical integration: blockchain features often fail to enhance gameplay or player value

In essence, most GameFi titles are still Web2 games wearing a Web3 mask — offering airdrops instead of true ownership.
Players don’t actually own their assets, cross-game interoperability remains limited, and value creation is still monopolized by platforms.

"Redefining Ownership: From Centralized Control to Player Sovereignty"

Against this backdrop, Catizen is taking a bold step to reshape the future of Web3 gaming.
They’re building the Catizen Chain — a dedicated Layer 2 for the TON ecosystem, designed to make in-game assets truly belong to players.

Alongside it comes Catizen Play 2.0, a revolutionary platform that lets any traditional game integrate with blockchain seamlessly. Players will be able to access hundreds of games, earn massive airdrop rewards, and enjoy a unified cross-game economy.

To understand why Catizen chose this path, we first need to face the root problems in gaming today.

VWA（Virtual World Asset）

Let’s be honest — the GameFi industry is broken.
Its core flaws boil down to three things:

• Opaque data systems
  
  
• No real value returned to players
  
  
• In-game items with zero asset attributes
  

Players invest time and money, but everything they earn vanishes when a game shuts down.
Items are just lines of code on a central server — gone the moment the server disappears. Game updates, item prices, even your progress — all controlled by the developer. Players pay; studios profit. It’s an extractive system that destroys long-term trust and passion.

A Breakthrough in On-Chain Ownership and Transparency.

Catizen’s VWA (Virtual World Asset) technology changes everything. The first VWA-powered game will completely redefine how players interact with their assets.

Each in-game item becomes an on-chain asset, verifiable, tradable, and owned by the player — not the platform.Your items exist in your wallet, not in some company’s database. They can be sold, transferred, or monetized — just like real digital property.

On the payment side, players can use USDT, TON, or $CATI for direct on-chain transactions with near-zero fees. On the data side, recharge history, token distributions, and game scores are stored on-chain via IPFS decentralized storage, ensuring transparency and permanence. Anyone can verify data and even earn rewards for validation.

A True Value Loop: From Player to Creator

VWA isn’t just a technology — it’s a new economic model.It creates a closed-loop value ecosystem that ties rewards directly to player contribution.Players are no longer just consumers; they become co-creators and co-beneficiaries of the ecosystem.

Holding a game’s tokens grants voting rights over key decisions — establishing true co-governance between developers and players.

Meanwhile, all game items are minted as ERC-721 or ERC-1155 NFTs, freely tradable across platforms, with royalty income flowing back to creators.This transforms gameplay from a one-time experience into a sustainable value-creation process.

Powered by Catizen: Building the Future of On-Chain Gaming

Backed by its 63M+ users and a robust token economy, Catizen provides unmatched support for VWA-powered titles. $CATI is deeply integrated across the ecosystem — usable for payments, staking, and in-game rewards.

The synergy between Catizen’s traffic and $CATI’s market strength will drive exponential growth for the first generation of VWA games.

The Dawn of a New Era in GameFi

The so-called “GameFi winter” isn’t the end — it’s the dawn of a new model. While others chase short-term hype, Catizen is building for the future — combining technological innovation, economic design, and ecosystem synergy to redefine how players own, play, and earn.

True legends are born from those who seize the moment before the world changes. The Catizen VWA Revolution is just beginning — and it’s set to become the driving force that propels the entire GameFi industry to its next great chapter.

This post is commissioned by Catizen and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.