HashKey Capital, a venture capital arm of the Hong Kong-based crypto company HashKey, has announced its strategic investment in Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI. This move aims to strengthen HashKey’s presence in the gamefi sector.

In a July 30 press release, HashKey Capital revealed plans for a partnership with Catizen to enhance the visibility of the TON Mini-Game. Although specific details regarding the investment and partnership were not disclosed, the announcement highlights significant growth potential.

According to HashKey Capital, Catizen has amassed over 500,000 paying users, distinguishing it from other mini-apps in the TON ecosystem. With Pluto Studio planning to launch over 18 additional games, this substantial user base is expected to drive future growth.

“With Pluto Studio planning to launch over 18 additional games, this robust user base holds significant potential for future growth.”

The funds from this investment will be utilized to advance the mini-game platform, enhance upcoming projects, and co-develop the ecosystem. HashKey Capital will also support Pluto Studio in exploring the potential for a mini-game revolution within the TON ecosystem.

The funding announcement comes amid ongoing uncertainty surrounding the airdrop of Catizen.AI’s native token, CATI. Initially scheduled for a July release, the airdrop has been delayed. On July 29, Catizen.AI’s official communication addressed the delay, citing factors beyond their control without providing further details or a new timeline for the airdrop.

Catizen.AI is not the only project facing scrutiny over delayed token launches. Tapswap, another Telegram-based project, has postponed its token release multiple times, pushing the launch to Q3. Similarly, Hamster Kombat, another Telegram-based mini-app, has yet to announce its token launch date. Although several crypto exchanges have listed the HMSTR token for pre-market trading, it has not been officially listed. In Russia, lawmakers have proposed banning the app due to concerns about potential scams.

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