It has reached several remarkable goals, from the fair launch of $NOT without any VC backing to the rise of Hamster Kombat.
Hamster Kombat gained 142 million users in 77 days. Let’s explore more about this report about TON gaming.
The Strength of Telegram
With 900 million active users (MAU), Telegram is one of the fastest-growing messaging apps. People see it as secure, making it a communication tool for the crypto community. It’s worth mentioning that every non-US user gets a crypto wallet when they sign up.
This wallet feature puts the TON ecosystem in a unique spot to boost Web3 adoption on a large scale.
Source: X
Social Gaming Takes Off
In 2010, social platforms started to add games to keep users around and make money. Facebook led the pack with games like Farmville. This game grabbed 10 million active users in two months and peaked at 80 million MAU. These games encouraged social interaction and competition, increasing user engagement and revenue.
But success in social gaming isn’t easy. Discord struggled to make its game store profitable. It shifted focus to its Nitro subscriptions. WeChat succeeded by integrating mini-apps, including games, leading to significant user engagement.
Source: X
TON Ecosystem and Gaming
HTML5 for bots marked Telegram’s entry into gaming in 2016. TON gives game makers essential tools, like paying, storing data without a central server, and using smart contracts. This system backs many apps, from wallets to games, all linked by the $TON token. This token powers trades, smart contracts, and more.
The TON token also helps make choices without a central authority. But, its high concentration (the top 100 holders own 92% of the supply) limits how well this works.
Source: X
TON’s Boom
The TON ecosystem is growing fast. Notcoin and Hamster Kombat have drawn in millions of users.
Telegram’s announcement about sharing ad revenue with channel owners through TON also caused excitement. This led to a 40% increase in Toncoin’s value.
Source: X
TON’s developer community has expanded a lot, particularly among Mandarin-speaking coders.
The number of DAWs and transactions has gone up, thanks to Notcoin and Hamster Kombat.
TON Foundation’s Role and Challenges
The TON Foundation, a non-profit organization, promotes the ecosystem. With lots of financial backing, TON helps fund various projects through investments and grants. The foundation runs programs like the TONX Accelerator. It gives out community rewards to spark new ideas and grow the ecosystem.
The TON ecosystem’s growth is impressive, but keeping it going needs good plans. Running things well and turning free users into paying ones matters a lot. Dealing with problems like bots is vital to making gaming fun and fair for everyone.
Source: X
Conclusion
TON’s recent wins show how it could help more people get into Web3 gaming. With many users, excellent gaming tools, and a helpful community, TON looks set to change social gaming. But to do well in the long run, TON needs to keep working on holding onto users.
Here is the second part of the article.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
