According to Foresight News, during the '2024 Hong Kong Web3 Carnival', TON Foundation President Steve Yun and Telegram APP Chief Investment Officer John Hyman gave a keynote on 'Cryptographic Changes Within the Telegram Ecosystem'. Yun pointed out that Web3 faces challenges in mass adoption, such as complex user experience, lack of simple engagement methods, lack of viral marketing, and lack of distribution channels. However, TON has addressed these issues to some extent by integrating wallets, Mini Apps, simple login mechanisms, and Telegram ads into Telegram.

Yun also explained that there needs to be a layer of engagement between Web2 and Web3, which requires simple mechanisms such as Click-to-Earn, social viral spread, and gamification such as Play-Ear, Learn-Ear, and Redeem. to win. Viral applications combined with the Web3 economy can achieve mass adoption effects. The TON Foundation's goal is to include 30% of Telegram users on Web3 by 2028.

Telegram APP Chief Investment Officer John Hyman stated that their relationship with the blockchain community is symbiotic and they are at the forefront of the development of many applications. FRAGMENT, which allows usernames to be bought and sold, has surpassed $350 million in sales of Telegram usernames since its launch. Telegram is becoming a hub for Mini App development with 360 million active users using Bots and Mini Apps every month.

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