New Telegram mini-applications are very convenient users do not know that it is crypto
Telegram's 900 million users can engage in peer-to-peer interactions as the messaging app includes mini-apps and the Tether (USDT) stablecoin. Many users encounter crypto for the first time and do not notice it.
Developers will benefit as they launch ecommerce, paywall content, games and other businesses on top of The Open Network's Layer-1 blockchain, said Justin Yun, Director of Investments at Tone Foundation. Token2049 conference in Dubai. Telegram continues to roll out a ton-based wallet.
Tether's launch on Tether means that users “no longer need to go through barriers to get a different type of crypto or token,” Hyun said. He added:
“The most interesting use cases are those that engage in social viral mechanics. So there are games being created every day that are powered by Telegram mini-apps.”
Those products are available without downloading third-party apps. The benefits of these are obvious. Hyun gave the example of Katizen's game. When the developers came to Ton from a different blockchain, they found 2 million users in two months, compared to 600,000 in the previous year and a half.
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Other social media are very regional. “We've seen the proliferation of super apps that can't get past the restrictions,” Hyun said, referring to China's WeChat, Japan's Line and South Korea's KakaoTalk. Ton's global reach and native USDT eliminates the need for local payment gateways. Tether allows Telegram to bypass payment restrictions imposed by Google and Apple.
So Ton is returning to its previous vision of The Open Network failing to hold an initial coin offering in 2020 due to objections from the United States Securities and Exchange Commission, Hyun said. Ton Foundation It was created by open source developers who took over the project in 2021.
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