Exhibiting its dedication for the way forward for the TON blockchain, Animoca Manufacturers has revealed it intends to purchase WATCoins on the secondary market.
WAT is the utility token of WatBird, which is the Telegram app run by Animoca subsidiary Gamee. Alongside just a few different mini-games on Telegram, the undertaking has shortly boosted its person base by a current airdrop marketing campaign, accumulating within the distribution of WAT tokens in return for collected Wat factors.
Following the disclosure of the information, WAT skilled a pointy rise and doubled in value, however has since dropped again.
Kicking off the airdrop development on Telegram in the beginning of 2024, Notcoin has since hit 40 million customers. Hamster Kombat and Catizen have additionally adopted swimsuit, reportedly peaking at round 155 million and 30 million customers respectively on the top of their airdrop frenzy.
As for WatBird, its Telegram bot presently has 3.6 million customers, whereas Gamee’s Telegram channel has 4.5 million.
As TON’s largest validator and an investor within the progress of the ecosystem, Animoca’s bullishness on Telegram and TON is apparent, however the two platforms aren’t essentially synonymous with one another.
Any sport can launch on Telegram, no matter whether or not they’re web3-enabled or not. Equally, video games could be deployed to different blockchains than TON, as with Ronin-based Lumina Hunt; one thing including to the thesis that Telegram is poised for mass adoption of web3 extra genrally.
Emphasising this level, Animoca Manufacturers co-founder and chairman Yat Siu has mentioned he predicts 100 million new web3 customers inside the subsequent 12 to 18 months due to platforms like Telegram.
Maybe much more bullish an announcement, Animoca CEO Robby Yung additionally predicts Telegram will play a significant position in mass adoption of web3, likening the messaging platform to the banking system’s adoption to on-line banking. In an identical method, he thinks video games will use Telegram as a solution to funnel customers to their important browser-based video games. Certainly, he foresees a future the place each sector from DeFi to gaming may have a complementary Telegram app.
Crunching knowledge on the rising variety of mini-games on TON, his predictions would appear well-founded. Throughout Q3 2024, the blockchain noticed a 320% improve in new sport titles. Lower than three weeks into This autumn, this quantity is up from 385 to 416, displaying a further improve of seven%.
