Pavel Durov announced Telegram's Web3 integration plans in July

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Telegram founder Pavel Durov detailed how “hundreds of millions of people” will get acquainted with blockchain technology through the messaging app this year.

On July 19, Durov announced that the messaging app will launch a Mini Apps store and an in-app browser with Web3 support at the end of July.

How does Telegram plan to implement the new plan?

As noted by BeInCrypto, this initiative comes as interest in Telegram Mini Apps (TMAs) skyrockets. TMAs are lightweight, JavaScript-based services within the Telegram application. They are easy to set up and can be used for a variety of purposes.

Recently, Telegram reported that more than 500 million users interact with mini-apps monthly to purchase products, access services, and play games. The platform's integration with the TON blockchain has led to a boom in cryptocurrency-based games, especially following the success of the coin-to-tap game Notcoin .

Earlier this month, Durov praised Hamster Kombat , another money-making game, for its rapid growth. This game attracted 239 million users in three months, with an Medium traffic of 4-5 million per day. XEM this success, Durov plans to “keep the flame alive” by making Telegram “the epicenter of [blockchain] social transformation.”

“2024 will be recorded in history as the year hundreds of millions of people became familiar with blockchain. We are proud that Telegram is at the epicenter of this social transformation,”

Durov spoke .

However, a cryptocurrency fan named Woody Lightyear on social media platform X expressed skepticism. He commented that the tap money trend may just be another fad that will come and go.

“Telegram's mini app gaming culture is a great thing with great potential, but I have yet to see a group or project that acknowledges the current limitations and builds a strategy against them,”

Lightyear added .

Still, market experts believe Durov's plan will greatly boost Web3 adoption by making the technology accessible to millions of Web2 messaging app users. However, the growing popularity can also attract bad actors looking to take advantage of crypto newcomers. Notably, security platform Web3 Slow Mist recently reported an increase in fraudulent activities targeting users of the TON blockchain network.

Durov acknowledged this, saying public user accounts will now display the month and country of registration. Additionally, Mini Apps will be able to issue labels to channels, thereby creating a decentralized marketplace for third-party verification.

“Soon, Telegram will start showing signup month and primary country for public accounts (similar to Instagram). We will also enable organizations to use their mini apps to issue labels to channels, creating a decentralized marketplace for third-party verification,”

He added.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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