$CATCH AIRDROP

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20 Dec 2023
29

Airdrop deadline

While the launch of our SpaceCatch game and token listing on CEX is planned for several weeks later, we will conclude our airdrop campaign on Zealy on January 14, 2024, at 6 pm UTC. At this time, a snapshot of all users will be taken, and the calculation for the allocation of $CATCH tokens to individual users will follow.
However, please note that even though this date marks the end of the official Zealy campaign for the $CATCH airdrop, tasks on Zealy will continue to be added. The answer to whether there will be future rewards for these tasks is yes. Details will be presented when the time is right.

Airdrop conditions

Everyone is likely interested in the exact conditions for obtaining the $CATCH airdrop. Now is the time for their complete disclosure. You can acquire $CATCH tokens in two ways:
1. XP -> $CATCH token
In this case, the amount of your airdrop will be determined by the number of XP you have on your Zealy account. After the end of the airdrop campaign on Zealy, the total number of earned XP will be calculated from a subsequent snapshot. Subsequently, a fixed conversion rate of XP to $CATCH token will be determined.
Example: Users on Zealy earned a total of 10 million XP. For the airdrop, 1 million tokens are allocated. The conversion rate is 1 XP = 0.1 $CATCH. If you earned 14,530 XP, you would receive 1,453 $CATCH tokens as an airdrop.
The minimum threshold to qualify for this airdrop category is 10,000 XP.
2. Completed categories -> $CATCH token
The second way to increase your $CATCH airdrop base is through additional rewards for completing all tasks in various categories. Completion of these categories involves entering your Ethereum address into the “Paste Ethereum Address” task. Note that this bonus applies independently of completing individual tasks within each category. It is not necessary to complete all tasks in each category.
Example: For completing the first category, 200,000 $CATCH tokens will be allocated for rewards. 2,500 people completed this category, meaning each person will receive an additional reward of 80 $CATCH tokens. Keep in mind that the fewer people who complete a specific category, the more tokens you can receive.

Airdrop allocation & vesting

For this first airdrop, a total of 1,500,000 $CATCH tokens are allocated, representing 1.5% of the total supply. Out of this, 1,000,000 tokens are allocated for the XP conversion airdrop, and an additional 500,000 tokens will be distributed among users who have completed entire categories.
To maintain price stability and ensure a gradual token distribution, the airdrop will also be subject to vesting. At the Token Generation Event (TGE), 600,000 tokens (40%) will be available immediately, and the remaining 900,000 tokens will be distributed through linear vesting over 6 months (150,000 tokens monthly).

Wallet submission

At the end of the Zealy campaign, there will be a window of one week during which users will have the opportunity to publish their address where they would like to receive the airdrop from the first “XP category”. The airdrop from the second category will be distributed automatically to the addresses provided in the “Paste Your Ethereum Address…” tasks.

On January 7th, the “Paste Your Ethereum Address…” tasks will be added to the remaining categories. Each category will be concluded with this task, where you can input your address if you manage to complete all tasks in that category. Those who successfully complete all categories will receive a bonus category and a reward of 20,000 XP.

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