Cats Airdrop telegram bot has disclosed that the first season will end on the 30th of September and a snapshot will be taken after which, airdrop calculations will be made. In the announcement, they also mentioned the eligibility criteria users have to meet in order to qualify for the upcoming airdrop.
In this article, we will be discussing the airdrop eligibility criteria of cats as well as the reasons why you should think twice before performing the ton transactions or trying to complete the OG pass criterion. The truth is that, most credible and reputable airdrops are free, it doesn’t mean requesting for users to deposit money once in a while towards the development of the product is completely abnormal, but then, there are certain indications that should be considered fraudulent.
Catsgang bot otherwise known as Cats Airdrop telegram mini-app was launched some months ago and since then, they have not really introduced new and sustainable ways for users to earn more Cats, yet they have systematically introduced several ways of earning more money from the users and this leaves me wondering, the essence of the airdrop? Why is it an airdrop when users are expected to pay for it?
According to the information released on their official telegram channel, they not only disclosed the the airdrop criteria but also, the total supply of Cats token which they claim is about 600 Billion with 180 Billion set out for the first season of the airdrop.
Additionally, they mentioned three main criteria that users who are interested in receiving a favourable token allocation needs to meet in order to be well positioned and they are as follows;
- OG Pass – this involves depositing 1 TON ($5-6) to unlock features that should be accessible to all users under normal circumstances. Features such as 100% unlock of token during TGE, AI image point farming, double points balance etc. These are the features you get to unlock when you spend 1 TON to get the OG pass. Unfortunately, it’s not even optional, it’s a compulsory requirement all users must meet to qualify for the upcoming airdrop.
- Daily Transactions – there is a daily transaction with the caption, “Make TON Great Again” that users are expected to complete with 0.2 TON on a daily basis to earn additional Cats token. For a user to qualify for the airdrop, he or she has to complete the daily transactions
- In App Activities such as, completing tasks, inviting friends and AI farming are also part of the criteria that will determine whether or not a users gets the airdrop.
Reasons Why You Should Not Spend Money
1. Cats Premarket Price is terribly poor – now it may seem as though I’m judging a book by its cover by using the premarket as a yardstick for measuring the potential of the cats airdrop, but truth be told, most of the telegram crypto mining apps tend to list at the same price or something very similar to the premarket price.
As a matter of fact, recently I have come to the realization that, the premarket price is more or less a near-accurate data to examine when trying to predict or come up with what could come out as the main listing price of a crypto token. From the premarket price of Cats on Bitget and other exchanges, it’s clear that the listing price will be pretty bad.
1. It’s currently at $0.0004 and a token that’s not a memecoin having such a poor premarket price, should probably make you rethink your financial involvement in such a project. Cats is not looking good, worse case being that, users are not even given the opportunity to earn more Cats except of course, they deposit money or complete the daily transactions.
2. The Airdrop Criteria is heavily monetized – prior to their most recent announcement, I didn’t really have high hopes that the project will perform well. Due to the fact that, they basically replicated DOGs, but after seeing their eligibility criteria, I reached a conclusion that there is no way, the project will do well.
3. Cats is a seasonal project – from their last announcement, it’s clear that, there will be a season 2 after the completion of season 1 and allocation calculations. It’s a major red flag judging from the experience of players who participated in the just concluded Hamster Kombat Airdrop and Rocky Rabbit. It turns out projects with more than one season underperform significantly and that is another area you should conduct due diligence before proceeding to spend money for the OG Pass.
4. Cats team are unprofessional – in one of their posts on the telegram channel, they stated that, details about their upcoming airdrop will only be revealed when they surpass DOGS telegram channel in number of subscribers. I saw that as a gross display of unprofessionalism, goes a long way in showing the pettiness of whoever is in charge of the project.
Conclusion
There are numerous reasons why you should not spend money on Cats telegram airdrop. It is unadvisable to purchase the OG pass and there’s no point completing the daily transactions. The project is most likely a scam out to milk users of the little they have with promises of giving them a worthless airdrop. Steer clear and be safe.
