TLDR
- HashKey Group has officially joined forces with Catizen, a GameFi project thriving on the TON ecosystem typical of the Telegram platform.
- Achieving a stunning milestone, Catizen has grown its user base to over 29 million worldwide within just 150 days, boasting 3.5 million daily users.
- HashKey is set to deliver regulatory advice, technical support, and services that align with compliance for digital assets to bolster Catizen.
- The goal of this alliance is spearheading the development of groundbreaking GameFi initiatives and global digital entertainment infrastructure.
- This union is part of HashKey’s larger strategy to expand in the TON ecosystem, a continuation from their partnership with the TON Foundation in April.
As a leading digital asset service provider in Asia, HashKey Group enters a new partnership with Catizen. Announcing their collaboration, HashKey joins hands with Catizen, a dynamic GameFi initiative on The Open Network (TON). This marks HashKey’s inaugural step in Web3 alliances, propelling the creation of cutting-edge GameFi products and global digital entertainment infrastructure.
Catizen, an innovative game mixing AI, GameFi, and Metaverse features, has been on a rapid ascent since launch.
In a mere 150-day span, it has gathered an international audience of over 29 million, with daily active users hitting as high as 3.5 million. Further proof of its success includes 1.8 million on-chain users and 2.1 million Telegram Premium subscribers, with numbers on a steady climb.
Ben El-Baz, Managing Director of HashKey Global, shared his excitement about the partnership, saying,
“As a standout in the 2024 GameFi realm, Catizen opens doors for the evolution of next-gen GameFi. We’re thrilled to engage further in global digital entertainment innovation through our cooperative efforts within the
The alliance will employ HashKey’s licensed exchange, HashKey Global, to deliver reliable, regulation-compliant digital asset services for Catizen’s audience. This endeavor aims to bridge traditional gamers with the Web3 arena, potentially speeding up blockchain tech adaptation in gaming. TON ecosystem .”
Tim Wong, Chairman of the Catizen Foundation, emphasized the partnership’s importance:
“This cooperation is a pivotal step for Catizen, positioning us to offer our 29 million members enhanced, compliant, and trustworthy digital asset services. Together, we aim to transform the Web3 gaming sector.”
Beyond financial service provision, HashKey’s involvement includes regulatory guidance, blockchain infrastructure tech support, and consultancy for Catizen.
This extensive support is intended to empower Catizen to bring forward more innovative projects within the TON and to worldwide players, promoting blockchain tech's application within the global field of digital entertainment.
The partnership spans a wide range of initiatives, including gamified experiences in digital finance, a collaborative HSK airdrop campaign, animal protection efforts, and responsibilities in social initiatives. These goals aim to enhance both parties’ product lines and service potentials while extending their global community base.
Part of HashKey Group’s larger scheme is establishing a stronghold in Asia’s Web3 digital entertainment scene. This April, HashKey forged a strategic accord with the TON Foundation to further evolve the TON ecosystem.
This latest collaboration with Catizen builds on that foundation, leveraging the rapid growth of the TON ecosystem to create unique Web3 gaming experiences for global players and digital asset users.
The partnership echoes the trend of merging blockchain tech with renowned messaging platforms. Catizen’s surge in success
demonstrates the vast reach Web3 applications can achieve through current social media platforms. on Telegram As digital asset and gaming industries continue intertwining, partnerships like that of HashKey and Catizen are likely to play a pivotal role in shaping GameFi's and digital entertainment's future.
By merging HashKey’s regulatory and financial acumen with Catizen’s trailblazing gaming platform and substantial user base, this collaboration can set new Web3 gaming standards and hasten blockchain adoption within the entertainment industry.
Blockonomi's Editor-in-Chief and the founder of Kooc Media, a UK-based digital media company, embarks on sharing insights.
