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 release, the Hong Kong-headquartered VC agency mentioned that following the funding, HashKey Group may also be saying a “arising partnership with Catizen to additional amplify the attention of TON Mini-Sport,” although particular particulars concerning 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 mission “other than different mini-apps” within the TON (TON) ecosystem.
“With Pluto Studio planning to launch over 18 extra video games, this sturdy person base holds important potential for future development.”
HashKey Capital
The proceeds from the funding are mentioned for use to advance the mini-game platform, improve future initiatives, and co-develop the ecosystem. HashKey Capital may also assist Pluto Studio in exploring “the potential for a mini-game revolution throughout the TON ecosystem,” the press launch reads.
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 elements that aren’t fully below our management,” with out offering additional particulars on the explanations or new timing for the airdrop.
Catizen.AI shouldn’t be alone in going through scrutiny over delayed token launches. One other Telegram-based mission, Tapswap, has additionally delayed its token launch a number of instances, with the newest replace pushing the launch to Q3. Hamster Kombat, 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 improvement group is rumored to have potential ties, lawmakers have even proposed to ban the app resulting from considerations about attainable scams.
