Telegram, renowned for its robust privacy settings and user-friendly design, has made a notable entry into the Web3 landscape. On July 31, the messaging app announced the debut of a new in-app browser capable of hosting decentralized websites, dubbed “TON Sites.” This initiative is set to provide Web3 technology access to Telegram’s approximately 950 million users, enabling direct interaction with decentralized websites within the app itself.
What are the New Features?
The newly launched in-app browser is accessible on both mobile and desktop versions, allowing users to effortlessly toggle between browsing and messaging. Telegram’s integration of Web3 technology into its platform signifies a landmark advancement, facilitating millions to experience decentralized web browsing. CEO Pavel Durov highlighted that this feature merges communication with web browsing, permitting users to set up their own web servers and host websites on The Open Network (TON).
Besides the in-app browser, Telegram also rolled out a Mini App Store. This store provides various applications for users to interact with directly within the app. Notably, users can now send “Stars,” Mini App payment units, to their friends. With over 500 million users engaging with Mini Apps each month, their significant integration and popularity within the platform are evident.
How Are Apps Influencing the Platform?
Two notable apps, Hamster Kombat and Catizen, exemplify the increasing adoption of cryptocurrency on Telegram. Hamster Kombat, a touch-to-win game, attracted 300 million players in just four months, making it the third fastest app to gain 150 million users. Catizen, a Web3 social entertainment platform, has amassed 26 million users since its March launch, generating $16 million in in-app purchases. Impressively, part of these earnings went to street cat rescue efforts, showing the app’s social commitment.
Key Insights
Key Takeaways:
- Telegram’s in-app browser simplifies access to decentralized websites.
- The Mini App Store within Telegram offers diverse applications and payment units called “Stars.”
- Hamster Kombat and Catizen reveal the growing cryptocurrency use within Telegram’s ecosystem.
- TON, the main cryptocurrency for The Open Network, saw a 467% value increase over the past year.
Both Hamster Kombat and Catizen utilize Toncoin (TON), The Open Network’s primary cryptocurrency. Over the last year, Toncoin’s value surged by 467%, reaching $6.78, reflecting its rising acceptance and integration within Telegram’s ecosystem.