Displaying 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 a number of different mini-games on Telegram, the challenge has rapidly boosted its consumer base by way of a latest airdrop marketing campaign, accumulating within the distribution of WAT tokens in return for collected Wat factors.Â
Following the disclosure of the information, WAT skilled a pointy rise and doubled in worth, however has since dropped again.
Kicking off the airdrop development on Telegram firstly 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 peak 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 development of the ecosystem, Animoca’s bullishness on Telegram and TON is clear, however the two platforms usually are not essentially synonymous with one another.
Any recreation can launch on Telegram, no matter whether or not they’re web3-enabled or not. Equally, video games will 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 throughout the subsequent 12 to 18 months due to platforms like Telegram.Â
Maybe much more bullish an announcement, Animoca CEO Robby Yung additionally predicts Telegram will play an important function in mass adoption of web3, likening the messaging platform to the banking system’s adoption to on-line banking. In an analogous method, he thinks video games will use Telegram as a strategy to funnel customers to their primary browser-based video games. Certainly, he foresees a future the place each sector from DeFi to gaming could 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% enhance in new recreation titles. Lower than three weeks into This fall, this quantity is up from 385 to 416, exhibiting an extra enhance of seven%.
