PANews reported on December 31 that, according to The Block, the growth of games on Telegram has had a positive impact on the TON blockchain. According to TonStat, the number of accounts on the TON network increased from about 4 million to 128 million over the course of approximately a year. Additionally, the price of the blockchain's native token, toncoin, has risen by over 100%, reaching a market capitalization of $14 billion as of December 18.
Reports indicate that user acquisition has been the biggest challenge facing the Web3 gaming sector. However, by 2024, with the launch of mini-games on the Telegram messaging platform, Web3 gaming seems to have found a turning point. Many believe that the success of the mini-game 'Notcoin' has sparked a wave of game development in the TON ecosystem, largely thanks to the success of its airdrop campaign. Following 'Notcoin', other popular games have also been launched. The current challenge is to maintain user engagement in Telegram games and encourage them to try other blockchain-based applications on the messaging platform. However, the success of user acquisition is undeniable; according to Animoca Brands CEO Robby Yung, Telegram games have proven to be another way to launch crypto games.
