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Home Crypto News & Analysis Adoption & Use Cases

Is Telegram the Future of Crypto Gaming?

by Abena Sarfo
July 16, 2024
in Adoption & Use Cases
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Is Telegram the Future of Crypto Gaming?
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DISCLAIMER: This article is sponsored and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please. If you encounter any problems, please report them [email protected].

The crypto and decentralized play space has been quite active recently, with a number of developments indicating mainstream integration. A total of seven established gaming brands have now launched crypto gaming projects, including Square Enix, Ubisoft and Bandai Namco. Konami Holdings, the Japanese video game developer behind the massive Silent Hill and Castlevania franchises, became the most recent world-class company to enter the space, announcing its Avalanche-powered NFT platform in June.

While it’s certainly encouraging to see such Big Tech luminaries embrace crypto and blockchain technology, it also comes with increased competition for existing GameFi projects, most of which are led by indie creators. Of course, gaming with cryptocurrencies is a wide spectrum, spanning activities as diverse as playing online casino games with Bitcoin to battling Axies for Smooth Love Tokens (SLP) in Sky Mavis’ groundbreaking game. However, one of the core aims of the sector is to democratize both the opportunity to own digital assets and how players are rewarded for the time they spend playing games, so big names from the pay-to-play world tend to to let in a sour taste. the mouth.

Nevertheless, there are a few factions in the GameFi space that uphold the radical, decentralized ethos that propelled the crypto industry forward in the first place. Enter, Telegram!

Telegram and Crypto Gaming—the perfect match?

Telegram, the cloud-based messaging app, has newly emerged as a pivotal platform for the crypto-gaming community — an event that doesn’t require too much imagination to wrap your head around when you consider the overwhelming popularity of mobile gaming not . The same privacy features and user-friendly interface that have made Telegram instrumental in decentralized communication processes are also proving to be a big draw for the GameFi community across the board.

It’s easy to see why the app’s transformation into a P2E gaming hub took off the way it did. For starters, the platform’s ability to support both public and private groups makes it ideal as a central channel for managing global communities as well as fostering more intimate discussions. Plus, countless ICOs, as well as, among others, the Bitcoin and Ethereum projects use Telegram for real-time updates and community engagement.

The real-time, immediate nature of Telegram also makes it a platform that can support the fast-paced nature of the crypto-gaming sector, especially considering the latter’s impressive growth trajectory. In just a few years, the market has seen rapid developments in both the quality and scope of P2E games, as players engage with them not only for entertainment, but also as a potential means of generating revenue.

Based on the Telegram Gaming Landscape

There is now a rapidly growing range of Telegram-based games that draw in millions of players in search of virtual asset rewards. It started earlier in 2024 with Notcoin and the vertical has now swelled to include Pixelverse’s PixelTap, TapSwap and Catizen, with promises of more to come.

However, how exactly do crypto games work on Telegram?

Well, they work much like most other crypto games in terms of gameplay, but developers and players have found clever ways to leverage the messaging app’s features to support typing and facilitate in-game earning.

For example:

Telegram is known for its bots, automated programs that can perform various tasks. When applied to games, they can automate in-game actions, manage game logic, and facilitate in-game cryptocurrency transactions. Bots can even send real-time updates to players about their status, new rewards, and community events.

Speaking of community, Telegram’s groups and channels features are used to build and engage the gaming community. For example, developers can set up channels to broadcast announcements, updates and events, while players can join groups to discuss strategies and share experiences.

Development and Customization

Developers can also enhance the gameplay of their titles by creating custom Telegram bots. The platform’s Bot API allows developers to build sophisticated bots that can handle complex game mechanics, as well as ones that can be integrated with blockchain networks to verify transactions and manage digital assets.

Telegram itself is also embracing gaming, having recently unveiled a new mini-app bar feature that will simplify the process of switching between different games across both the iOS and Android apps. The new feature will allow players to switch between various mini-apps, promoting shameless gameplay and making the process of farming crypto games much easier.

Top Telegram Games to Check Out

In addition to Notcoin, which just announced plans to launch its Telegram Gaming Accelerator in partnership with AI-powered analytics firm Helika, there are several crypto games running on the app worth checking out.

For example, Hamster Kombat is one of the most famous games, with a gaming audience of 60 million players. This tap to earn game features simple gameplay – you tap a digital hamster to mine HMSTR coins – and it can be easily accessed through a Telegram bot.

Alternatively, Catizen is a must for cat lovers! It transports players to a world where they are charged with managing a colony of cats. A fusion of strategy and simulation, it plays to earn players with digital assets as they build and expand their cat colonies.

Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Abena Sarfo

Abena Sarfo

A champion for economic empowerment, Abena showcases how blockchain can bridge the financial gap in developing economies. Her insightful articles highlight real-world projects and initiatives bringing financial services to unbanked communities.

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