As a researcher with a background in blockchain technology and experience in studying the growth of various ecosystems, I find the recent surge in popularity of the TON ecosystem truly remarkable. The ease of use and accessibility offered by “tap-to-earn” games like Hamster Kombat and Notcon, which require no prior crypto knowledge, is a game changer for attracting a broader audience to the space.
As a researcher studying the TON ecosystem, I’ve noticed a resurgence in its popularity. With the number of active on-chain wallets nearing 10 million, this growth can be attributed to the recent wave of “tap-to-earn” games. Games such as Hamster Kombat and Notcon have gained traction due to their engaging nature and the real-world rewards they offer, making them an appealing entry point for newcomers to the blockchain space.
I analyzed the data from July 2024, and was astounded by the explosive growth of the Hamster Kombat niche. In just one week, between the 2nd and the 9th, the user base expanded from 239 million to an impressive 250 million, representing a significant increase of 4.6%.
Despite the relatively new entrance into the market, Tomarket, a decentralized exchange for fresh assets on TON, has set an impressive growth milestone. Having been launched on July 4th, it surpassed the 1 million user threshold within just under five days, underscoring the significant draw of this ecosystem to attract a large number of new users.
Key Factors Of TON‘s Growth
The growth of TON can be attributed to several reasons. One significant factor is the popularity of “tap-to-earn” games which do not require prior knowledge of cryptocurrencies. Due to their simple and engaging gameplay, they have a wider appeal, drawing more people into the TON ecosystem compared to traditional crypto projects that can be intimidating with their technical terminology.
In simple terms, earning real-world incentives from in-game actions and airdrops boosts user involvement even more significantly within the TON ecosystem. Additionally, effortlessly connecting to Telegram, a widely used messaging platform with a large user base, ensures a smooth onboarding process.
Tomarket: New TON Assets And Web3 Onboarding
Tomarket, a rapidly expanding decentralized marketplace for innovative assets like RWA, crypto bond yields, points, and pre-circulation tokens on the TON blockchain, boasts the largest user base among TON dApps to date. By leveraging the Telegram Mini App game, Tomarket has successfully cultivated an early community and is dedicated to facilitating a seamless transition for Web2 users into the Web3 realm. With the support of Bitget Wallet and Foresight X, Tomarket has recently formed a strategic partnership with Bitget Exchange.
Over the past few years, Bitget has played a significant role in fostering the expansion of the TON ecosystem through strategic collaborations, the establishment of the $20 million TON Ecosystem Fund, and the integration of Telegram Signal Bots with zero transaction fees. On July 12th, the exchange made an announcement about listing BOOM tokens, the popular Telegram game based on TON, on its Spot market.
Gracy Chen, the CEO of Bitget, expressed her excitement about Tomarket becoming the initial project under the $10M BWB fund for On-chain Layer projects on TON. This development underscores the significance of backing emerging projects within the TON ecosystem. The user-friendly and swift projects developed on TON have the potential to attract hordes of new users, potentially bringing hundreds of millions into our industry. The crypto sector is now closer than ever to achieving mass adoption.
As an analyst, I would explain it this way: By forming a partnership, Tomarket and Bitget expand their reach to fresh projects and investment prospects, thereby enhancing the TON cryptocurrency’s engagement with decentralized applications (dApps) and one-click solutions.
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2024-07-12 12:11