Catheon Gaming, the developer of P2E game SolChicks, has completed $55 million in financing and will launch a new token and P2E game platform

According to The Block, Catheon Gaming, the developer of the P2E game SolChicks on Solana, completed a $55 million financing in November 2021 by selling chicks tokens. Catheon CEO William Wu confirmed that the number of full-time employees at the company has dropped from 80 to 40. people around. However, Catheon Gaming is planning to launch a new token called catheon and a new play-to-earn (P2E) gaming platform on October 24th. The Catheon Gaming program allows eligible chicks holders to swap their tokens for catheons at a 1:1 ratio.