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Non-fungible tokens (NFTs) are becoming a popular topic on Telegram as more people learn about Web3. According to Web3 data provider Helika, the use of #NFTs on Telegram increased by 400% in the third quarter of 2024.
Helika's "Q3 '24 Telegram Games Report" highlighted this growing trend, showing that the number of unique wallets transferring NFTs on the platform jumped from less than 200,000 in July to over one million by September. What's particularly exciting is how active these users are—it's not just about creating wallets but actively buying, sending, and using NFTs, especially within Telegram-based games. In September alone, Helika recorded three million active wallets across nine different games.
And it’s not just the #NFT action that’s on the rise—Telegram gamers are spending more time playing, too. The average session length nearly tripled from 2.8 minutes in August to 6.7 minutes by early October, driven by increasingly immersive gaming experiences.
One standout game on #Telegram is Hamster Kombat. This viral hit has drawn in over 300 million users, and it's making moves to integrate NFTs into its ecosystem. The game recently shared a roadmap for 2024-2025, where NFTs will play a big role in Season 2, launching in November. The developers are also teasing an exciting new storyline, where players will step into the role of CEOs, running their own companies.
Source: Nftinsider
#meme_coin #MemeWatch2024
Helika's "Q3 '24 Telegram Games Report" highlighted this growing trend, showing that the number of unique wallets transferring NFTs on the platform jumped from less than 200,000 in July to over one million by September. What's particularly exciting is how active these users are—it's not just about creating wallets but actively buying, sending, and using NFTs, especially within Telegram-based games. In September alone, Helika recorded three million active wallets across nine different games.
And it’s not just the #NFT action that’s on the rise—Telegram gamers are spending more time playing, too. The average session length nearly tripled from 2.8 minutes in August to 6.7 minutes by early October, driven by increasingly immersive gaming experiences.
One standout game on #Telegram is Hamster Kombat. This viral hit has drawn in over 300 million users, and it's making moves to integrate NFTs into its ecosystem. The game recently shared a roadmap for 2024-2025, where NFTs will play a big role in Season 2, launching in November. The developers are also teasing an exciting new storyline, where players will step into the role of CEOs, running their own companies.
Source: Nftinsider
#meme_coin #MemeWatch2024
Title: Institutional Adoption and Mainstream Acceptance: The Growing Influence of Cryptocurrencies
Cryptocurrencies have come a long way since their inception, transitioning from a niche interest to a global phenomenon. One of the significant trends shaping the crypto landscape is institutional adoption and mainstream acceptance. In this essay, we will explore the implications of institutional involvement in cryptocurrencies, examining its impact on the market, regulatory landscape, and the overall perception of digital assets.
The Rise of Institutional Interest: Over the past few years, we
The Rise of Institutional Interest: Over the past few years, we
Currency against US Dollar, past month
🇿🇦 South Africa: +5.2%
🇧🇷 Brazil: +3.8%
🇬🇧 UK: +2.6%
🇦🇺 Australia: +2.1%
🇨🇦 Canada: +2%
🇪🇺 Euro: +1%
🇮🇳 India: +0.9%
🇵🇰 Pakistan: -0.6%
🇮🇩 Indonesia: -0.7%
🇨🇳 China: -1.9%
🇯🇵 Japan: -2%
🇷🇺 Russia: -4.6%
🇦🇷 Argentina: -6.4%
🇹🇷 Turkey: -18%
#USD #Marketupdate
🇧🇷 Brazil: +3.8%
🇬🇧 UK: +2.6%
🇦🇺 Australia: +2.1%
🇨🇦 Canada: +2%
🇪🇺 Euro: +1%
🇮🇳 India: +0.9%
🇵🇰 Pakistan: -0.6%
🇮🇩 Indonesia: -0.7%
🇨🇳 China: -1.9%
🇯🇵 Japan: -2%
🇷🇺 Russia: -4.6%
🇦🇷 Argentina: -6.4%
🇹🇷 Turkey: -18%
#USD #Marketupdate
Environmental Sustainability and Crypto Mining: Striking a Balance for a Greener Future
As the popularity of cryptocurrencies continues to rise, so does the concern about their environmental impact. Crypto mining, particularly for proof-of-work (PoW) cryptocurrencies like Bitcoin, has drawn attention due to its significant energy consumption and carbon footprint. In this essay, we will explore the crucial topic of environmental sustainability in crypto mining, highlighting relevant examples and discussing potential solutions for a greener future.
The Carbon Footprint Challenge:
C
The Carbon Footprint Challenge:
C
Central Bank Digital Currencies (CBDCs); cons and pros
Central Bank Digital Currencies (CBDCs) have emerged as a potential alternative to traditional fiat currencies, offering a digital form of central bank money. Imagine a world where you can use digital currency issued and regulated by your country's central bank, just like you would with physical cash. CBDCs have the potential to revolutionize the way we transact and interact with money.
CBDCs aim to combine the benefits of cryptocurrencies, such as transparency and efficiency, with the stabilit
CBDCs aim to combine the benefits of cryptocurrencies, such as transparency and efficiency, with the stabilit
Decentralized Finance (DeFi) and its Impact on the Economy
Decentralized Finance (DeFi) has revolutionized the way we think about traditional financial systems and their impact on the economy. It's like a breath of fresh air in the world of finance, offering exciting possibilities and opportunities for individuals and businesses alike.
So, what exactly is DeFi?
It's a collective term for various blockchain-based applications and protocols that aim to recreate traditional financial services in a decentralized manner. Instead of relying on intermediarie
So, what exactly is DeFi?
It's a collective term for various blockchain-based applications and protocols that aim to recreate traditional financial services in a decentralized manner. Instead of relying on intermediarie
What is GameFi?
GameFi, short for Game Finance, is a revolutionary concept that merges gaming and decentralized finance (DeFi) within the blockchain ecosystem. It introduces financial elements and incentives into gaming experiences, allowing players to earn real-world value and participate in the economy of virtual worlds. GameFi creates a symbiotic relationship where players can have fun while also benefiting financially.
One example of GameFi is play-to-earn games. These are blockchain-based games where play
One example of GameFi is play-to-earn games. These are blockchain-based games where play
BTC MARKET UPDATE
UPDATE ON #BTC
As predicted in the last piece, the price has dropped to the $29,200 support level.
The correction has begun, but everything is in order. Altcoins are quite strong; individuals are shifting funds from Bitcoin to Ethereum, as evidenced by the ETH/BTC chart.
We are not selling altcoins here, but rather have stop losses set at breakeven. around the case of Bitcoin, if we drop $29,200, the next support level will be around the $28,200 - $28,400 range.
As predicted in the last piece, the price has dropped to the $29,200 support level.
The correction has begun, but everything is in order. Altcoins are quite strong; individuals are shifting funds from Bitcoin to Ethereum, as evidenced by the ETH/BTC chart.
We are not selling altcoins here, but rather have stop losses set at breakeven. around the case of Bitcoin, if we drop $29,200, the next support level will be around the $28,200 - $28,400 range.
CHINA CENTRAL BANK: CUTS INTEREST RATE ON STANDING LENDING FACILITY. #China #Marketupdate
U.S. MAY CORE CPI (MOM): 0.4%, [EST. 0.4%, PREV. 0.4%]
U.S. MAY CORE CPI (YOY): 5.3%, [EST. 5.3%, PREV. 5.5%]
U.S. MAY CPI (MOM): 0.1%, [EST. 0.2%, PREV. 0.4%]
U.S. MAY CPI (YOY): 4.0%, [EST. 4.1%, PREV. 4.9%] $USD #CPIData #MarketUpdate
U.S. MAY CORE CPI (YOY): 5.3%, [EST. 5.3%, PREV. 5.5%]
U.S. MAY CPI (MOM): 0.1%, [EST. 0.2%, PREV. 0.4%]
U.S. MAY CPI (YOY): 4.0%, [EST. 4.1%, PREV. 4.9%] $USD #CPIData #MarketUpdate
NFT 3D Play2Earn Web3 Game: A concise overview
An NFT 3D Play2Earn Web3 game combines several concepts and technologies to create a unique gaming experience. Let's break down each component:
NFT: NFT stands# for Non-Fungible Token. It is a digital asset that represents ownership or proof of authenticity of a unique item or piece of content. In the context of gaming, NFTs can represent in-game assets, such as characters, weapons, or collectibles, that players can buy, sell, and trade.
3D: 3D refers to the three-dimensional aspect of the gam
NFT: NFT stands# for Non-Fungible Token. It is a digital asset that represents ownership or proof of authenticity of a unique item or piece of content. In the context of gaming, NFTs can represent in-game assets, such as characters, weapons, or collectibles, that players can buy, sell, and trade.
3D: 3D refers to the three-dimensional aspect of the gam
Benefits of Metaverse
The metaverse provides a plethora of advantages that have the ability to transform our lives and reshape human interaction. Let us look at some of these benefits:
Enhanced Connectivity: The metaverse bridges geographical barriers, allowing people from different corners of the world to connect and collaborate effortlessly. Whether it's joining virtual communities, attending events, or working on projects, the metaverse enables us to form connections and foster global collaboration like never bef
Enhanced Connectivity: The metaverse bridges geographical barriers, allowing people from different corners of the world to connect and collaborate effortlessly. Whether it's joining virtual communities, attending events, or working on projects, the metaverse enables us to form connections and foster global collaboration like never bef
What Is Metaverse?
Metaverse Explained
Picture of Metaverse
The concept of the metaverse has been generating buzz lately, but what exactly does it mean? Well, think of the metaverse as a virtual realm where people can interact with each other and digital environments in real-time. It's a collective space that blurs the lines between the physical and digital worlds, offering a new dimension of shared experiences and limitless possibilities.
Imagine stepping into a virtual world where you can attend concerts, exp
Picture of Metaverse
The concept of the metaverse has been generating buzz lately, but what exactly does it mean? Well, think of the metaverse as a virtual realm where people can interact with each other and digital environments in real-time. It's a collective space that blurs the lines between the physical and digital worlds, offering a new dimension of shared experiences and limitless possibilities.
Imagine stepping into a virtual world where you can attend concerts, exp
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