Telegram Makes Web3 Accessible to Nearly One Billion Users

Key Takeaways
  • Telegram's new in-app browser for TON Sites brings Web3 directly to users, merging messaging and decentralized web access
  • The Mini App Store lets users interact with apps and send payment units called "Stars" within the app, boosting engagement
  • Popular apps like Hamster Kombat and Catizen are driving Toncoin’s value up by 467%, showing growing crypto adoption
01-08-2024 By: Simran Mishra
Telegram Makes Web3

Telegram Brings Web3 to Millions with In-App Browser & Mini App Store

Telegram is making a headline in the world of Web3 because of its strategic move. It always positioned itself from the crowd, especially for its strong privacy features and user-friendly interface. It has also been a top choice for millions of users worldwide. Now again telegram proves its innovative factor by taking a big step forward towards a bright future.

As we all are aware Telegram is a very popular messaging app in social media. It's moving ahead in the journey to develop itself through a Well-thought-out move. 

Suppose you could explore the newest online technologies without ever logging out of your preferred chat app. Imagine being able to quickly switch between chatting with friends and exploring the fascinating Web3 world with only a few taps. Well, it is possible and it's all thanks to Telegram's progressive mind.

Telegram's Big Move – Web3 Now at Your Fingertips

Telegram has introduced a new in-app browser that supports decentralized websites called "TON Sites." This means users can now easily access Web3 technology directly within the app, making it simple for Telegram's nearly 950 million users to explore and interact with decentralized websites. This exciting development was announced by Telegram’s team in a post on July 31.

This move offers Web3 to our 1 billion users instantly every month

This new browser is available on both phones and computers, allowing users to switch seamlessly between browsing and messaging. By integrating Web3 technology into its platform, Telegram is making it more accessible and convenient for millions of people to experience the benefits of decentralized web browsing.

The decentralized websites, known as “TON Sites,” are now available on both mobile and desktop platforms. This move aims to integrate the convenience of Web3 with Telegram's strong user base. Telegram CEO Pavel Durov highlighted that this feature allows users to easily switch between browsing websites and messaging, effectively merging communication with news consumption.

With the introduction of TON Sites, Telegram users can now launch their own web servers and host websites on The Open Network (TON). This feature enhances the platform's capability, bringing decentralized web hosting directly to Telegram’s extensive user base.

Launch of the Mini App Store and New Features

In addition to the in-app browser, Telegram has also launched its Mini App store, which was promised to be available by the end of July. This new store offers a variety of apps that users can interact with directly within the Telegram app. Among these new features, users can now send “Stars,” which are Mini App payment system units, to their friends.

Telegram reported that over 500 million of its 950 million users engage with Mini Apps every month, demonstrating the significant integration and popularity of these applications within the platform.

Popular Apps and Their Success Stories

One of the most popular apps on Telegram is Hamster Kombat, a crypto tap-to-earn game that has attracted a lot of attention since its launch. In this game, players tap a hamster to earn tokens $HMSTR and improve their virtual cryptocurrency exchange. Surprisingly Hamster Kombat has achieved 300 million players in just four months, making it the third-fastest app to reach 150 million users. There are more telegram-based tap-to-earn games, which gained a lot of popularity in the gaming world.

Another popular Telegram app is Catizen, a Web3 social entertainment platform. Catizen, which launched in March, quickly gained 26 million users and made $16 million in in-app purchases. Impressively, about $160,000 of this cash has been donated to the rescue of stray cats, showing the app's devotion to social concerns.

TON Ecosystem and Crypto Integration

Both Hamster Kombat and Catizen use Toncoin (TON), the main cryptocurrency of The Open Network. Over the past year, Toncoin's value has increased by 467%, reaching $6.78. This rise shows that more people are using and accepting TON within Telegram's ecosystem.

The Open Network blockchain has also made progress with the help of Tonkeeper. They launched the W5 smart wallet standard, which allows for gasless transactions. According to Tonkeeper’s CEO, Oleg Andreev, this update makes it easier for people to start using the TON ecosystem without needing to buy Toncoin first, lowering the barriers for new users.

Impact on the Future of Web3 and Social Messaging

Telegram’s integration of decentralized websites and the expansion of its Mini App store mark a noteworthy step towards mainstream adoption of Web3 technologies. By providing an in-app browser for decentralized sites and incorporating cryptocurrency into everyday app interactions, Telegram is positioning itself as a major player in the growing digital world.

These new features not only enhance the user experience but also promote the use of decentralized technologies among a broader audience. As Web3 continues to grow, platforms like Telegram are likely to play an important role in driving its adoption and integration into daily digital activities.

To sum up, Telegram's most recent updates, featuring an in-app browser for TON Sites and the opening of the Mini App store, represent an important turning point in making decentralized web and cryptocurrency more accessible to millions of users worldwide. This move not only boosts Telegram's market position but also promotes the use of Web3 technology.

Also read – Telegram Launches Mini App Store and How to Use It

WHAT'S YOUR OPINION?
Related News
Related Blogs