NFTs are far from being over there are lots of still coming and the volume is increasing. so CATA is launched at the right moment and I think the team is waiting for the right moment to launch the product when they think they have there moment.
I have zero doubt about popularity of NFTs but the only concern is that there are already too many NFTs in the market and the competition is too tough for new comers. CATA has to come up with strong implementation of its project to have a success else it will just another shot coin.