The messaging platform Telegram has significantly increased its user base to 950 million and gained momentum in Web3 gaming in 2024. As mini-games began attracting users with token rewards on Telegram, a notable growth occurred in this sector. Games developed over the TON Blockchain captured the interest of Telegram users. A statement made in August revealed that approximately 20% of the platform’s users actively engaged in gaming.
Turning Point Initiated by ‘Notcoin’ Game
The launch of the ‘Notcoin’ game at the beginning of 2024 paved the way for gaming development within the TON ecosystem. The game’s substantial success was bolstered by a massive token AirDrop. The $1 billion AirDrop conducted in May facilitated the distribution of 80 billion NOT tokens to users.
Martin Masser, the business development manager at Ston.Fi, stated that “Notcoin” achieved this success and outlined a new roadmap in the gaming world. However, Masser cautioned that such games may only provide short-term successes, emphasizing that sustainable gaming models would likely yield better outcomes.
Growth within the TON Blockchain
Following ‘Notcoin’, new games such as ‘Hamster Kombat’, ‘Yescoin’, and ‘Catizen’ were introduced. However, these games did not achieve the same level of success as ‘Notcoin’. The TON Blockchain experienced significant growth due to the impact of these games.
TON network accounts surged from 4 million to 128 million within a year. The main network asset of TON, Toncoin, saw an increase of over 100% in value, reaching a market cap of $14 billion.
The success of ‘Notcoin’ within the TON ecosystem enabled cryptocurrency users to create wallets easily by playing games on Telegram. This development led to broader participation in the Web3 ecosystem. Looking ahead, it is anticipated that ‘mid-core’ games with strategic elements could provide long-term successes, offering a deeper experience for users.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
