Market Trend Insight: Can Kaia Blockchain jointly launched by social giants Kakao and LINE surpass TON in one fell swoop?

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How can you easily grasp the market hot spots, technical trends, ecological progress, governance trends, etc. in the Web3 industry? The "Market Trend Insight" column launched by Web3Caff Research will go deep into the front line to explore the current hot events, and interpret the value, comment and analyze the principles. See the essence through the phenomenon, and follow us immediately to quickly capture the market trend of Web3.

Author: wuyue.eth , Researcher at Web3Caff Research

Cover: Photo by Unsplash+, Typography by Web3Caff Research

Word count: 2500+ words in total

The TON (The Open Network) blockchain has risen rapidly in 2024, with the key driving factors being the successful integration with social giant Telegram and the widespread adoption of Telegram Mini Apps (TMA). The biggest advantage of TON is that it has a huge user base of Telegram. As one of the world's major instant messaging platforms, Telegram has more than 900 million users, which provides a natural market foundation for TON's blockchain applications. By embedding encrypted wallets and decentralized applications (dApps) in Telegram, TON allows ordinary users to enjoy blockchain services without leaving their familiar social environment. This approach reduces the learning cost of users and greatly increases the application popularity of blockchain.

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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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