Image(s) are kindly provided by Loremflickr
Our analysis of the situation
Telegram, the popular messaging platform, has taken a giant leap into the future by launching an in-app browser and a mini app store for its colossal user base of nearly 1 billion people. This move not only revolutionizes the way users interact with the platform but also introduces the concept of decentralized web, or Web3, to a global audience.
The newly introduced in-app browser seamlessly integrates decentralized websites TON Sites hosted on the Open Network (TON) blockchain. Sporting features such as search, bookmarks, and multiple tabs, this browser offers a smooth browsing experience while leveraging the security and decentralization benefits of blockchain technology. This means that users can now navigate messaging, browsing, and gaming on Telegram without missing a beat.
In tandem with the browser, Telegram is set to unveil the Mini App Store, a central hub for all Telegram-based mini apps. This feature is a game-changer for the platform’s 500 million monthly users who actively engage with these miniature wonders. In line with this trend, notable entries such as the crypto exchange OKX's free-to-play game OKX Racer have already made waves.
The ‘Apps’ tab in the Search function now showcases popular and trending mini apps, making it easier for users to discover and access these bite-sized experiences. Furthermore, the ability for developers to share video demonstrations and screenshots for their mini apps enhances user understanding and exploration.
One particularly exciting addition is the ability for users to gift Stars, the units of the mini-app payment system, to friends and contacts. This innovative approach not only streamlines the payment process but also promotes the exchange of these Stars as a currency for exclusive content and digital goods within mini apps.
The reaction within the Telegram community has been overwhelmingly positive, especially from the crypto investor sector. Enthusiasts are thrilled at the prospect of widespread adoption of Web3 technologies, eagerly anticipating the potential that these updates hold for the future.
These developments arrive on the heels of a surge in the popularity of Telegram-based games utilizing the TON blockchain’s native token, Toncoin. Games such as Catizen, Hamster Kombat, Yescoin, and TapSwap are all driving significant interest in this space. Toncoin itself has witnessed impressive growth, exemplified by a 470% surge in the past year and its current ranking as the 9th largest cryptocurrency by market capitalization.
In summary, Telegram’s foray into the decentralized web is not only a remarkable technological advancement but also a significant validation of the potential of Web3. With a thriving ecosystem of mini apps and the growing influence of the TON blockchain, Telegram is poised to shape the future of online interaction for its vast community.
The future is undeniably decentralized, and Telegram is leading the charge.
Disclaimer: Our articles are NOT financial advice, and we are not financial advisors. Your investments are your own responsibility. Please do your own research and seek advice from a licensed financial advisor beforehand if needed.
Image(s) are provided by Loremflickr or other free sources. They are illustrative and may not represent the content truly.
0 Comments
Please, behave!