Bitget, the world’s leading cryptocurrency exchange and Web3 company, has shed light on the increasing user interest in the Tap-To-Earn (T2E) games on the popular social media platform Telegram in its recent report. This social media platform has been quite famous among crypto users because of its involvement with the TON network and supporting the crypto industry. However, that is now on another level as the platform has launched many successful TON games, especially in the Tap-to-earn section, as revealed by the Bitget report.
The report focused on exploring the most popular TON games, user habits, and commonly used decentralized wallets within the TON ecosystem. However, it has also revealed valuable insights into understanding user behavior in the vibrantly growing TON ecosystem.
Bitget has recently surveyed Telegram users by distributing questionnaires, collecting 10,534 valid responses. With that, the Bitget survey report revealed the high popularity of T2E games among users on the platform, especially as Telegram nears one billion users.
As per the survey, most Telegram game users have plenty of leisure time and are keen on “Tap-to-Earn” task-based games. They prefer games that are simple to operate, have low entry costs, and offer daily or even hourly rewards. Out of these games, Hamster Kombat, a hamster figure collecting tokens as the user taps, has the highest market share, played by 86% of the survey participants. Next in the line are the Tapswap and Blum, played by 79% and 78% of the survey users. But the list does not end there, as Yescoin and Catizen are also among the top five most popular games.
Interestingly, 54% of surveyed participants reported playing up to five tap-to-earn games, indicating a high overlap among users of popular games. Additionally, the demand for decentralized wallets supporting the TON ecosystem has also grown with this.
The Bitget report has revealed that 41% of users believe that recommendations from friends are the most important source of information for choosing decentralized wallets, highlighting the critical role of Word of Mouth (WOM). More importantly, 31% and 27% of users learn about decentralized wallets through Telegram communities and the games they are currently playing.
Alving Kan, the Chief Operating Officer at Bitget Wallet Says,
“The development of T2E games on TON is garnering significant industry attention. These developers are experiencing unprecedented growth, and many users tap for a living via these games. We are proud to be among the first decentralized wallets to fully support the TON ecosystem. To help users easily trade TON assets and enjoy TON dApps, we support over 50 major dApps like Catizen, Notcoin, Hamster Kombat, and Yescoin. Moreover, through close collaboration with TON, we have introduced 0 gas fee transactions.”
Telegram and its games have surged the crypto industry users count by a huge margin, impacting the performance of the market. Notably, these new joiners of the web3 world have preferred mobile apps over the traditional browser extension of the decentralized wallets. This is why the Trust and Bitget wallet dominated the market with 71% and 68% usage rates in place of the traditional Metamask wallet.
Bitget report has presented interesting data on the tap-to-earn games, revealing the high popularity of games like Hamster Kombat, Tapswap Blum, and many others due to their simplicity, low entry costs, and high reward rate. This increasing interest in the TON T2E games has increased the user’s interest in the crypto as well. Through this survey, the popular crypto exchange has not only revealed the behavioral characteristics of game users within the TON ecosystem but also provides valuable market insights for the industry, which will aid in the optimization of future products and services. The continued development of the TON ecosystem and the growth of its user base is bound to bring more innovation and opportunities to the gaming and crypto industries.
The U.S. Senate Banking Committee has released an updated version of the draft Crypto Market…
Strategy, led by Executive Chairman Michael Saylor, has been left out of the latest S&P…
SOL Strategies Inc. has received approval to be listed on the Nasdaq Global Select Market.…
Ethereum (ETH) price fell sharply as Fidelity, Grayscale, and VanEck drove heavy ETF outflows, but…
SharpLink has reaffirmed its full compliance with Nasdaq rules, dismissing speculation about shareholder approval requirements.…
A deal with Crypto.com has led to the establishment of a Cronos Treasury by the…