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Amazon Prime Gaming has announced a strategic partnership with Worldwide Asset Exchange (WAX) to introduce the highly innovative game, Brawlers, to its vast

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DappRadar

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What is the metaverse? Are these virtual worlds that exist outside of our reality? Does the metaverse really exist? Important questions, and it's imperative that blockchain and crypto users understand the fundamentals of the metaverse. Yes, it exists, but the truth is that every person and every organization understands the metaverse as something different. "Billions of digital galaxies storing the entire digital experience of the universe" "The metaverse is a digital world where everybody can join and contribute" "A compatible, interconnected and open reality in which all people and all objects are not bound by the laws of physics that we are accustomed to" The metaverse is much more than blockchain or any other technology. It is a virtual universe in which everyone can interact with other people, while data and value can be shared permissionless. At the same time, it is important to understand that one virtual world can never be a metaverse, because we are talking about the interconnection of several worlds, if not all at once. Rules of the Metaverse In the metaverse there are no boundaries, there is no discrimination on any grounds. This universe is constant and open to everyone. For example, if you consider the individual projects that are part of the metaverse, their economies are interconnected and players can easily enter it with the same identifier. Everyone has the ability to interact with the metaverse in different ways, using virtual reality glasses or their smartphone. Even when you pay for products at the checkout and swipe your wallet to pay, you are already interacting with the metaverse. No matter who has what resources, no one is able to affect the functioning of the metaverse. It is always stable and uninterrupted. The metaverse opens up incredible possibilities for all. Everyone will be able to create their own digital goods and service and sell them to anyone on this planet (or beyond). In this way, every talent can be rewarded in its own right. “As we examine gaming’s performance, we see how vast its impact has been on the blockchain industry and just how powerful a propeller the play-to-earn narrative has become. Gaming accounts for half the industry’s usage and a fifth of the NFT trading volume for what’s been a record-breaking quarter. Axie beating blue-chips like CryptoPunks and NBA Top Shots to become the most traded collection ever poignantly illustrates this,” says Dragos. Metaverse identities In the metaverse, you can have several personalities at once, which you can create for different purposes. You can collect rare items, play the guitar or become a soccer player for a popular soccer club. You can create each of your characters for different purposes. There are simply no restrictions. In metaverse, each person will have their own digital avatar, which will essentially be our doppelganger. Interacting with the metaverse will be possible through augmented and digital reality, but we will be able to interact with some parts of this universe even in our physical space. With the metaverse, we will all be able to access the information we need when and where we need it, not just through the internet. As a matter of fact, the future of the internet could potentially no longer rely on Internet Service Providers (ISPs), but on the interconnectivity between all its participants. Closing thoughts You probably know how social media has revolutionized our world. Compared to the impact of the metaverse, social media will simply pale into insignificance. It will be a whole new world that we did not know before. Our real world is moving into virtual reality, giving us a wide range of possibilities. And it is advisable that we prepare for this world today. “Zoom out and we see these trends coming together into something even bigger and potentially all-encompassing: the metaverse. As things stand, we’re headed towards a complete shift in how we form communities, how we create, play, trade, and socialize —  how we live. It’s not that this shift wasn’t there before — we’ve been living a nomadic sort of digital life across disparate platforms for a while now — but blockchain gaming is catalyzing the creation of single virtual spaces where we can settle,” concludes Dragos. Closing thoughts You probably know how social media has revolutionized our world. Compared to the impact of the metaverse, social media will simply pale into insignificance. It will be a whole new world that we did not know before. Our real world is moving into virtual reality, giving us a wide range of possibilities. And it is advisable that we prepare for this world today. Also published on: https://dappradar.com/blog/what-is-the-metaverse This article is part of The hosted by HackerNoon in partnership with Gaming Metaverse Writing Contest . The Sandbox Submit your today for your chance to win up to $2000. #gaming-metaverse story

The Metaverse: Everything You Need to Know

The Covid-19-fueled sell-off across financial and investment asset classes on 12 March 2020 resulted in the largest ever day fall in the Ethereum price – from $195 down to $110 – that‘s a 44% drop. Investigating the 12 March 2020 - Covid-19 price dump. But where does that leave the growing Ethereum dapp ecosystem? DappRadar investigates. Up, up, up, down, down, down Many Ethereum decentralized applications saw their as users scrambled in reaction to the price collapse. highest ever daily activity This was especially notable with DeFi and exchange dapps, as users tried to reduce their financial risk. A particular driver of activity was how the falling ETH price impacted the MakerDAO-DAI stablecoin dapp. (and other cryptos) into a vault as collateral, generating some amount of DAI stablecoin (of smaller financial value) in return. People using this dapp lock their ETH A typical example would be locking up $150-worth of ETH and generating $100 of DAI in return as a loan, which at some point needs to be repaid, including an additional small interest payment. However, if the USD price of the ETH locked into the vault falls below the $100 value of the generated DAI, the loan will automatically be shut down unless more ETH is added to ensure the value of the collateral remains sufficiently high. Obviously a 44% one-day decline in the price of ETH forced many MakerDAO users to recapitalize or pay back their loans. Indeed, unique wallet activity on 12 March for MakerDAO was an all-time high of 1,458, up 243% compared to average activity over the past 30 days. Other financial dapps experiencing all-time activity highs included: Liquidity protocol – 1,543 unique active wallets, Kyber Network up 70% Decentralized trading dapp – 569 unique active wallets, dYdX up 133% Decentralized exchange – 491 unique active wallets, 1inch up 77% Similarly, decentralized exchange Uniswap experienced its second most active day ever with , while DeFi dapp Compound hit a 2020 . 1,693 active unique wallets (up 33%) high of 560 daily active unique wallets, up 90% In total, across these six financial dapps, the accumulated daily active unique wallet total was up 84% compared to the average for the previous 30 days. All this activity spiked the gas price that’s paid to get any transaction saved into the next Ethereum block. And this – in turn – had a knock-on impact on other dapps – notably games – running on the Ethereum blockchain as regular users declined to pay this higher gas costs. My Crypto Heroes saw its daily activity drop 44% compared to the average over the previous 30 days to 1,861 active unique wallets, while 0xUniverse saw a on 11 March to a mere 92 on 12 March. The most popular Ethereum game drop of 87%, falling from 738 active unique wallets Dapps running on the TRON and EOS blockchains, which because of their consensus mechanism don’t require a gas fee, experienced little change in daily activity. For example, experienced a daily activity rise of 4%, while and and both experienced a decline of 4% compared to the average over the previous 30 days. TRON gambling dapp 888TRON EOS exchange game dapps Newdex EOS Dynasty | | | | | Website Twitter Facebook YouTube Telegram Discord Originally published here

How Ethereum's 44% Price Drop in USD value Shocked the dapp Ecosystem [An Analysis]

We’re moving rapidly into Spring and so it’s time for DappRadar to take a look at how the dapp ecosystem has grown during February 2020. We’ve evaluated data from the dapps running on the three main smart contract Blockchains – Ethereum, EOS, and TRON. Activity in terms of the accumulated across the three blockchains rose 1%. In terms of comparing February’s total to January 2020. daily active unique wallets But growth was a more significant 8% when corrected in terms of the number of days in the two months. 29 days in February vs 31 days in January. Taking a more long term view of the overall dapp ecosystem, some clear trends emerge about the state of each blockchain. Daily activity across all was up 104% year-on-year, while TRON rose 8%. EOS continues to decline, however, down a massive 80% when comparing total activity during February 2020 to February 2019. dapps running on Ethereum Key Takeaways continues into 2020; in terms of daily active and 683% in terms of USD value. Ethereum’s growth up 104% year-on-year was particularly vibrant. in terms of activity growth year-on-year. DeFi Up 294% in terms of daily activity. Across all , daily activity was down 17% when compared to January 2020. And 2019. EOS is still declining EOS dapps 80% when compared to February strongly in February compared to January 2020, however, thanks to activity on the Newdex exchange. EOS value rebounded & High-Risk category. Accounting for 89% of daily activity during February 2020. TRON continues to be highly concentrated in the Gambling Across all , daily activity was up 5% and value up 33% in February. TRON dapps Ethereum – On the up, especially DeFi and Games As well as being the first smart contract blockchain. Ethereum remains the most significant in terms of the users and value growth during February 2020. The daily value in dollars across the Ethereum dapp ecosystem in February 2020 – $1.9 billion – was up by 27% month-on-month in calendar terms. Or 36% when corrected in terms of the number of days in the two months. in calendar month terms or 16% when day corrected. More significant changes are seen when comparing the data from February 2019 to February 2020. Daily activity was up 8% The total USD value (including ETH and ERC20 tokens) of all dapps that run on Ethereum increased by 683%. Total daily active unique wallets increased by 104%. This is impressive growth but what’s important to consider is what categories of dapps are driving these increases. All expected strong year-on-year growth. The two that experienced the biggest growth were , up 114%, and DeFi, . Ethereum dapp categories Games & Marketplaces up 294% In February 2019, the DeFi category generated just over 200 daily active unique wallets. During February 2020 that figure is almost six times higher than it was one year ago – 1,147. During 2019, the DeFi category generated a lot of headlines and clearly remains one of the key trends of 2020. The data shows more and more people are acknowledging the advantages of decentralized finance. Dapps such as , , , and . Compound Fulcrum MakerDAO dYdX In this context, it will be fascinating to see how the DeFi category evolves in the later months of 2020. Both in terms of and how these and existing dapps react to wider economic uncertainty. Providing the potential to move from thousands to tens of thousands of users. new products launched EOS dApps: Long term Decline continues The first month of 2020 wasn’t promising for EOS. February data shows the same negative trend continuing, at least in terms of daily activity. The total daily active unique wallets interacting with all EOS dapps during February 2020 was . Or down 11% when day-corrected, and down 80% year-on-year. down 17% compared to January However, there was good news when it came to the value of tokens spent in EOS dapps. Towards the end of February, it strongly rebounded from its low levels at the end of 2019. Rising 140% compared to January 2020, or 156% when day-corrected. The vast majority of this activity was generated through decentralized exchanges, notably . Newdex Looking more generally at activity across EOS in terms of dapp categories. The biggest impact has clearly been experienced in Gambling and High-risk dapps. This has declined by a massive 89% year-on-year. Games and Marketplaces was down 11% and Exchanges by 13%. TRON dApps: Growth Driven by Gambling In contrast, TRON experienced growth during February, both in terms of daily active unique wallets and USD value. During February 2020, the total number of daily active unique wallets rose 5% month-on-month or 11%  when day-corrected. Value was up 33% month-on-month or 42% when day-corrected. It is no surprise that the category remains the biggest influence in terms of TRON’s growth. Gambling & High-Risk The USD value of this category during February rose by 34%. While driven by the growth of dapps such as and . Year-on-year the total daily active unique wallets in February was up 18%. 888TRON RocketGame Games, Marketplaces, and Exchanges remain a small element of TRON’s daily activity. Both have declined in importance during 2019 and 2020. Conclusion When looking at the three main smart contract blockchains, there are some very clear trends. It is also apparent the dapp ecosystem is growing. Ethereum continues to build on its 2019’s momentum. Notably in terms of the value of its DeFi category and the daily activity of games and . It is by far the dominant blockchain in terms of value generated by its dapps. marketplaces EOS is still struggling to overcome the network congestion resulting from the EIDOS airdrop in November 2019 ; its daily activity continues to decline. However, February 2020 saw a strong rebound in value, especially via the . Newdex exchange TRON’s reputation as “ ” remains undimmed as activity in the Gambling & High-Risk categories boosted both daily activity and value during February. Las Vegas on a blockchain

Ethereum dApps grow 104% as DeFi Activity Jumps 294%. EOS slows & TRON is Still Las Vegas [Analysis]

The monthly retention rates of the six gambling dapps covered in this report demonstrate large variation; both between dapps and across months for individual dapps. Key takeaways Retaining users is a key factor in the long term success of any gambling dapp. Features such as dividends, airdrops, and prize jackpots enable developers to better retain their audience month-on-month. On this basis, the best gambling dapps can maintain monthly retention rates of 70% Yet during 2019, the monthly retention rates for gambling dapps proved to be highly volatile, ranging from 4% to 87% continued to build on its reputation as “ ”. A constant stream of as well as market leaders like 888TRON and WINk. has seen a decrease in gambling activity. Although the amount of value spent on has remained solid at around $4 million daily. Gambling is often overlooked on . Around $1 million is spent daily on gambling, around 11% of the category’s total value by USDIntroduction TRON Las Vegas on the blockchain new gambling dapps EOS EOS gambling dapps Ethereum As discussed in our . Gambling remains the largest single dapp category on DappRadar with almost 1,000 dapps tracked. high-level overview of the dapp gambling ecosystem However, because they are so simple and quick to make, it’s difficult for gambling dapps to sustain a loyal audience. Gamblers are always on the lookout for new and potentially better . opportunities to make money And that’s why the focus of this report is the retention metrics of six of the . top gambling dapps These dapps are concentrated on the EOS and especially the TRON blockchains. Although some gambling dapps also successfully run on the . Ethereum blockchain Methodology There are many ways of measuring retention and for the sake of clarity and timeliness, in this report. We’re considering the monthly retention of unique active wallets on a per dapp basis. This metric breaks down each dapp’s monthly audience into new users and retained users. Each compared to the previous month’s unique active wallets. From this, it’s simple to calculate the number of wallets that have stopped playing. This provides a snapshot of whether players are enjoying the experience and continuing to play month-on-month, or quickly churning out. Note, this methodology doesn’t attempt to measure the medium or long term re-engagement of audiences over two or more months. Gambling dapps retention overview The largest variation in retention rate was experienced by 888TRON. Although it’s important to note that its retention rate improved during 2019. As shown by the dark color of the dots at the top of the graph. (The darker the dots, the later the month.) Not all gambling dapps experienced this spectrum of retention rates though. RocketGame, another TRON dapp, maintained a high level of retention throughout this period. But this sort of behavior is usual for gambling dapps. In particular, the two dapps covered running on the EOS blockchain – Dice and BigGame. Both suffered from strongly declining monthly retention. In part due to the overall congestion impacting the EOS chain in late 2019. Ethereum gambling dapp Dice2.win had the lowest average retention rate of all the dapps covered. This is due partly to the restrictions of running a dapp on a blockchain that uses proof of work consensus. Hence has long block times – and partly due to the dapp’s lightweight features. Gambling dapps on TRON In terms of the total number of active unique wallets interacting with all gambling dapps. TRON dapps currently account for around 83% of monthly activity. However, this figure reduces to around 43% when taking into account TRON’s proportion of the total monthly spend in USD across all gambling dapps. Roughly $4 million worth of the TRX cryptocurrency is spent daily in TRON gambling dapps. (Note: For technical reasons, in this analysis, we can only track the interaction of the TRX cryptocurrency, not TRON-based tokens.) In this report, we cover three TRON gambling dapps: 888TRON; WINk; and RocketGame. 888TRON Launched in early 2019, 888TRON experienced a difficult early couple of months. Thanks to an immature token economy that was exploited by players. But the developer persevered. By the end of the year, 888TRON was one of the strongest gambling dapps on TRON. Both in terms of daily activity and daily value. This trend can clearly be seen when looking at the monthly flow of new and retained wallets interacting with 888TRON. There was a large inflow of new wallets in March, but the majority of these were not retained into April. In the final quarter of 2019, however, retention was much better, as demonstrated by the increasing blue line from November. During January 2020, attracted 3,462 active unique wallets. 888TRON As with many gambling dapps, a key retention mechanic within 888TRON is its custom 888Token. Used both to encourage players to spend TRX, as well as freeze (or lock) their tokens for long periods to gain greater rewards. This activity is reinforced with regular jackpot special events which provide the opportunity for even higher payouts. Looking more specifically at the monthly retention rate for 888TRON, the struggles the developer had to overcome during 2019 are obvious. The game retained fairly well for its first two months. Then retention declined to a low of 19% in July. But adding more retention features, especially large jackpots such as its current 50 million TRX event, has seen a steady increase back to a monthly retention rate of over 75%. WINk Previously called TRONbet, this gambling dapp rebranded as WINk in July 2019 following a strategic partnership with the TRON Foundation. As with many other gambling dapps, it has its own WIN token. Used to gamble with, or frozen for a period to time to generate dividend payments. It also lets users gamble with additional cryptocurrencies. Including the BitTorrent BTT token and the TRON version of the USDT stablecoin. Nevertheless, in 2019, WINk saw a steady decline in monthly activity. It peaked at over 16,000 active unique wallets during May, dropping to around 8,300 in January 2020. remained still the . WINk most popular dapp on TRON WINk maintained a fairly solid monthly retention rate of around 50% for most of 2019. Of course, this isn’t a particularly strong performance as it means half of the players during a month didn’t come back the following month. And retention fell significantly during January 2020 to 28%. Most likely driven by the rise of on TRON such as Dragon7. new gambling dapps This is something the developer is clearly aware of and is working on a new user loyalty and reward system. Due to be released as a beta during Q2 2020. RocketGame Compared to more traditional gambling dapps such as 888TRON and WINk, which have a strong casino component. RocketGame offers a much simpler set of gambling experiences. For example, there’s no live video poker or slots. However, it still has all the deeper retention features you’d expect from a blockchain gambling dapp. Including its own token – called RKT – as well as lotteries, dividends, and special events. More significantly, RocketGame has also integrated what could be considered game-style retention features. These include daily tasks, challenges, and leaderboards to drive engagement amongst its users. This approach appears to have been successful with RocketGame sustaining an audience of at least 3,500 monthly active wallets. It also has the highest retention curve of any of the in this report; averaging 80%. gambling dapps Gambling dapps on EOS In terms of the total number of active unique wallets interacting with gambling dapps. EOS dapps currently account for around 11% of daily activity. Historically, though, EOS used to make up a much larger part of the . gambling dapps ecosystem When it comes to value, EOS currently accounts for around 46% of the total monthly spend in USD across all gambling dapps. Roughly $4 million worth of the EOS cryptocurrency and EOS-based tokens are spent daily in EOS gambling dapps . Similar to spending in TRON gambling dapps . In this report, we cover two EOS gambling dapps: BigGame; and Dice, both of which experienced a declining audience in 2019. BigGame Much like RocketGame on TRON, BigGame isn’t a traditional gambling experience. For one thing, it only contains six games compared to the hundreds available in some . other dapps It does have plenty of blockchain-enabled retention features. Such as a strong VIP program that offers more rewards the more players spend. Players can also earn passive income through token mining and the game’s dividend plan. For the first half of 2019, this strategy appeared to work fairly well. BigGame retained more than half its monthly players. But over time, and as it attracted more new wallets, the dapp’s retention rate declined. Dropping particularly heavily from November onwards, which was when the EOS blockchain started to suffer from congestion. More generally, has never maintained a solid – far less a growing – monthly audience of retained wallets. New wallets always make up the majority of its audience. BigGame Dice Something of the volatility of the blockchain gambling economy can be seen by looking at Dice’s performance during 2019. Up until September, it retained a steady audience of at least 1,000 active wallets. Only a small number of new wallets were measured every month. This changed dramatically for the four final months of 2019. Dice gained more than 19,000 new wallets, including over 8,000 during September alone. However, the vast majority of these new wallets were immediately lost. Dice suffered from a monthly retention rate of 4% in January 2020. This was the lowest measured in this report. In combination with EOS’ congestion, one reason for this could be the dapp’s complex features. Combining simple gambling games like dice, blackjack, roulette and sports gambling with an overt investment angle. This is demonstrated by the prominent positioning of the earning rate. Users can get by either just depositing tokens into the dapp, and dividends that can be earned by staking the custom token. The dapp also has an inbuilt token exchange. DICE This sort of structure can attract a very large number of users. Looking for direct i.e. non-gambling – ways to generate a return on their tokens. Especially when driven by marketing and special promotions. Such inflows are very hard to retain, however, leading – as in this case – to a sharp collapse in activity. Gambling dapps on Ethereum Because the largest gambling dapps run on EOS and TRON, gambling activity is often overlooked on Ethereum. Currently, the combined monthly wallet activity on accounts for around 6% of the category’s total, and around 11% of the category’s total value by USD. This is around $1 million in terms of the daily value spent using ETH and other ERC20 tokens. Ethereum gambling dapps Because of the limitation of , these gambling dapps tend to be much simpler and less casino-focused than those running on EOS and TRON. Examples include peer-to-peer sports betting game Degens, lottery Lottoshi, and gamified ETH option trading experience . Ethereum’s proof of work consensus model YOLOrekt Dice2.win The most popular Ethereum gambling dapp is dice2.win. Although it only had an average of around 600 monthly active unique wallets during 2019. It only consists of four games: Coin flip; Roll a dice; Two dice; and Etheroll, a percentage-based game of chance. The only retention mechanic is a jackpot into which 1% of all bets are accumulated. In this way, Dice2.win offers by far the most stripped-down and simple gambling experience of the six dapps covered in this report. And this is most likely the reason that dice2.win has a steady but very low monthly retention rate of around 25%. This is the lowest sustained retention rate for all the gambling dapps covered in this report. Conclusion While audience retention is important for all dapps, it is particularly vital for gambling dapps. Which, because of low barriers to entry, suffer from intense competition. This is particularly true for gambling dapps on the TRON and EOS blockchains. Indeed, during 2019, TRON continued to build on its reputation as “Las Vegas on the blockchain”. This has continued into 2020, with a constant stream of new and innovative launching on the blockchain. gambling dapps In contrast, EOS has seen a falling away of gambling activity, especially due to its network congestion. The amount of value spent on EOS gambling dapps has remained solid, though. For this reason, the developers of the best gambling dapps focus as much on long term reward features such as custom tokens, dividend payments, jackpots, and special events as they do on their core gambling games. However, ensuring such complex economics are sustainable and not open to exploitation is very difficult. Nevertheless, as demonstrated by 888TRON, the good news is that even such serious problems can be overcome. It ended 2019 with a monthly retention rate of over 70% and a growing audience of almost 3,000 wallets retained month-on-month.

How Do Gambling dApps Retain Over 80% of their Audience [An Analysis]

SINGAPORE, Singapore, July 26th, 2024/Chainwire/--Recently, the "2024 GIPR2" voting event Dapp of MEET48, a metaverse virtual community based on an AI and WEB3.0 diversified UGC entertainment content ecosystem, has rapidly risen in the rankings on DappBay and DappRadar, attracting widespread attention. The MEET48 "2024 GIPR2" voting event (https://gipr.meet48.xyz/#/gipr) is divided into the Idol Group, Sprout Group, and Virtual Idol Group. Users can log into the MEET48 official website and app, complete tasks and watch contestant videos to earn points, mint NFTs, and use points to buy voting tickets to vote for idols. The final voting rankings will determine the metaverse and overseas offline performance resources that participants will receive. Users who participate in voting interactions will also be whitelisted for future airdrop eligibility. As of 12PM on July 26, 2024, the MEET48 event Dapp has become the number one social category Dapp on DappBay and ranked fifth in the social category on DappRadar. According to DappRadar data, MEET48's event Dapp recorded 25.25 million on-chain transactions in the past 30 days, with 669.98K active user addresses (UAW). In DappBay's statistics, MEET48's event Dapp also performed excellently, with 25.62 million on-chain transactions and 647K users in the past 30 days. Currently, the MEET48 "2024 GIPR2" voting event Dapp has over 3 million registered users, and the total accumulated votes in the event have exceeded 10 million. These users, who joined through the airdrop, will eventually be integrated into MEET48's intelligent social metaverse community through the MEET48 content ecosystem matrix products. With the final results of the "2024 GIPR2" voting airdrop event set to be announced on August 3rd, MEET48's popularity is expected to continue rising. For those who have not yet participated, there is still an opportunity to complete tasks and earn points to join the airdrop event: https://gipr.meet48.xyz/#/gipr. About MEET48 MEET48 currently boasts a technical and R&D team of 500 people, covering regional operations in Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. This makes it one of the largest Web3 application project teams globally. MEET48 aims to achieve the mass adoption of Web3 technology by focusing on an AI UGC content ecosystem centered on AIGC (Animation, IDOL, GAME, and Comics) Gen Z trend entertainment content and a graphical, intelligent metaverse social base. For more information users can visit MEET48's: Official Website | Twitter (X) | Telegram | Discord Contact Marketing Director Siyu Yang MEET48 siyu@meet48.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. SINGAPORE, Singapore, July 26th, 2024/Chainwire/--Recently, the "2024 GIPR2" voting event Dapp of MEET48, a metaverse virtual community based on an AI and WEB3.0 diversified UGC entertainment content ecosystem, has rapidly risen in the rankings on DappBay and DappRadar, attracting widespread attention. The MEET48 "2024 GIPR2" voting event ( https://gipr.meet48.xyz/#/gipr ) is divided into the Idol Group, Sprout Group, and Virtual Idol Group. Users can log into the MEET48 official website and app, complete tasks and watch contestant videos to earn points, mint NFTs, and use points to buy voting tickets to vote for idols. https://gipr.meet48.xyz/#/gipr https://gipr.meet48.xyz/#/gipr The final voting rankings will determine the metaverse and overseas offline performance resources that participants will receive. Users who participate in voting interactions will also be whitelisted for future airdrop eligibility. As of 12PM on July 26, 2024, the MEET48 event Dapp has become the number one social category Dapp on DappBay and ranked fifth in the social category on DappRadar. According to DappRadar data, MEET48's event Dapp recorded 25.25 million on-chain transactions in the past 30 days, with 669.98K active user addresses (UAW). In DappBay's statistics, MEET48's event Dapp also performed excellently, with 25.62 million on-chain transactions and 647K users in the past 30 days. Currently, the MEET48 "2024 GIPR2" voting event Dapp has over 3 million registered users, and the total accumulated votes in the event have exceeded 10 million. These users, who joined through the airdrop, will eventually be integrated into MEET48's intelligent social metaverse community through the MEET48 content ecosystem matrix products. With the final results of the "2024 GIPR2" voting airdrop event set to be announced on August 3rd, MEET48's popularity is expected to continue rising. For those who have not yet participated, there is still an opportunity to complete tasks and earn points to join the airdrop event: https://gipr.meet48.xyz/#/gipr . https://gipr.meet48.xyz/#/gipr https://gipr.meet48.xyz/#/gipr About MEET48 MEET48 currently boasts a technical and R&D team of 500 people, covering regional operations in Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. This makes it one of the largest Web3 application project teams globally. MEET48 MEET48 MEET48 aims to achieve the mass adoption of Web3 technology by focusing on an AI UGC content ecosystem centered on AIGC (Animation, IDOL, GAME, and Comics) Gen Z trend entertainment content and a graphical, intelligent metaverse social base. For more information users can visit MEET48's: Official Website | Twitter (X) | Telegram | Discord Official Website Official Website Twitter (X) Twitter (X) Telegram Telegram Discord Discord Contact Marketing Director Siyu Yang MEET48 siyu@meet48.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

MEET48 "2024 GIPR2" Voting Event Final Results On August 3rd, Ranking Top On DappBay And DappRadar

MEET48 "2024 GIPR2" ভোটিং ইভেন্টের চূড়ান্ত ফলাফল ৩রা আগস্ট, DappBay এবং DappRadar-এ শীর্ষস্থানীয়

Endergebnisse der Abstimmungsveranstaltung „2024 GIPR2“ von MEET48 am 3. August, Spitzenplätze bei DappBay und DappRadar

Resultados finales del evento de votación MEET48 "2024 GIPR2" el 3 de agosto, ocupando el primer lugar en DappBay y DappRadar

Résultats finaux de l'événement de vote MEET48 "2024 GIPR2" le 3 août, en tête du classement sur DappBay et DappRadar

MEET48 "2024 GIPR2" वोटिंग इवेंट के अंतिम परिणाम 3 अगस्त को, DappBay और DappRadar पर शीर्ष रैंकिंग

MEET48「2024 GIPR2」投票イベント最終結果8月3日発表、DappBayとDappRadarでトップに

MEET48 '2024 GIPR2' 8월 3일 투표 이벤트 최종 결과, DappBay 및 DappRadar 1위 차지

Resultados finais do evento de votação MEET48 "2024 GIPR2" em 3 de agosto, classificado em primeiro lugar no DappBay e no DappRadar

Окончательные результаты голосования MEET48 «2024 GIPR2» 3 августа заняли первое место в рейтингах DappBay и DappRadar

MEET48 "2024 GIPR2" Oylama Etkinliği Nihai Sonuçları 3 Ağustos'ta DappBay ve DappRadar'da İlk Sırada

Kết quả cuối cùng của sự kiện bình chọn MEET48 "2024 GIPR2" vào ngày 3 tháng 8, Xếp hạng hàng đầu trên DappBay và DappRadar

MEET48“2024 GIPR2”投票活动8月3日最终结果公布，位列DappBay、DappRadar榜首

DappRadar is now the World’s Dapp Store, leading in all dapp analytics and discovery areas. The company has more than 40 blockchains, more than 10,000 dapps, and over 2,000 NFT collections, sending 1 million users to dapps every month. : Vested Interest Disclosure The author's an independent contributor, and while HackerNoon has reviewed the story for quality, the claims hereon belong to the author. #DYOR Understanding the State of Crypto with DappRadar Ishan Pandey: Hi Skirmantas, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ? DappRadar Founded by myself and Dragos Dunica over a weekend, DappRadar is now the World’s Dapp Store, leading in all areas of dapp analytics and discovery. Growing from two dedicated admirers of the decentralized world, DappRadar stands almost 60 pioneers deep, with headquarters in Lithuania and strategic outposts in the UK and China. DappRadar has grown tremendously over the last few years. But it all started from the needs of two young men looking for decentralized applications on the Ethereum blockchain. Skirmantas Januškas: There wasn’t anything central or in any kind of friendly list. But we kept hearing about these apps on the blockchain. There were only Reddit threads and tweets to look through. We found ourselves building the first iteration of DappRadar for ourselves. We just wanted to bring all the dapps on Ethereum into one place – then I shared it on my Reddit account. People were interested straight away as we had just made their lives much easier. That’s a premise that’s remained with DappRadar. DappRadar launched on February 4, 2018, as a weekend project. It all started with just Ethereum and a handful of dapps. However, the EOS and Tron blockchains started expanding their dapp ecosystems in the following six to eight months. By the end of 2018, DappRadar had three blockchains integrated and a few hundred dapps. At this point, the pair decided to focus all efforts on building a more extensive and comprehensive dapp tracking system, DappRadar. Furthermore, after a wild couple of years, the cryptocurrency markets cooled off, heading into a bear market situation for almost two years. Importantly, this is when we decided to get our heads down and build. During that down market, many waves of different dapps trying to break out and get early adopters and cryptocurrency holders engaged. The situation played into the hands of dapps as many investors were now sitting on tokens they didn’t want to sell, looking for utility. Hot potato, game theory dapps, shrimp farms, roll the dice with dividend tokens style applications came and went as developers played with different ideas. It was so different from what it is today, and it’s incredible how far things have come in three years. It’s remarkable to be playing a part in that journey. Ishan Pandey: Please tell us a little bit about DappRadar and the current market for decentralized applications in terms of yield? Skirmantas Januškas: DappRadar has become The World’s Dapp Store and is blockchain and category agnostic, supporting more than 40 blockchains, more than 10,000 dapps, and over 2,000 NFT collections, sending 1 million visitors to dapps every month. These numbers are growing every month and the current market for dapps is buoyant with more users than ever. Ishan Pandey: What new data trends are we seeing in the blockchain industry? The dapp market is currently in one of the most exciting places it’s ever been due to waves of more user-friendly crypto projects entering the space and ramping up dapp usage. The strongest trends can be seen in gaming and NFTs since around the third quarter of 2021 and persist today with more than half of all dapp usage in Q1 2022 coming from games, which represents a 2,000% increase from the previous year. More importantly, users are making a passive income from playing games and learning about DeFi mechanics. Skirmantas Januškas: NFTs brought about a shift in thinking in crypto as suddenly complex financial instruments came in the shape of visual avatars or images with arguably far more appeal to regular people. The NFT hype of 2021 doesn’t seem to be going anywhere, but investors have had a year or so to better understand the landscape and pick good projects that want to offer real utility and growth. Alongside this, we see the emergence of bigger players within the gaming and NFT space. Companies like Yuga Lab’s acquisition of the CryptoPunks IP, the release of Moonbirds collection, the BAYC official token ApeCoin and rapid price appreciation of collections like Azuki point toward powerful cliques forming that will weird increasing amounts of influence and power in the crypto world as we move forward. In the world of gaming, Animoca Brands invests and builds in and with many different projects, all in the effort to make blockchain gaming mainstream. Ishan Pandey: Web3 is an attempt to integrate blockchain, smart contracts, and decentralized applications together, although its exact utility is difficult to determine. Please elaborate a little on your thoughts about Web 3.0? For me, it’s essential to keep in focus that Web3 refers to the next interpretation of the internet and focuses on decentralization and user ownership. The core vision is one of empowerment and financial independence. Moreover, it’s one of evolution for mankind. Your Web3 wallet is how you are identified, log in to applications, prove that you own things, and authorize something to happen. You can keep your wallet anonymous if you want to. The important thing is that you, and only you, control your wallet. More importantly, anybody with a device can use Web3. That’s why we say it’s permissionless. All you need is your Web3 wallet and enough currency in it to pay for the things you want to do. Skirmantas Januškas: Furthermore, the idea that some people have already been priced out of certain cryptocurrencies or NFT collections doesn’t have the same repercussions in Web3. In Web3 an individual or group can start their own project without the constraints of physical property or huge overheads. These days a 14-year-old can start the next billionaire boys club, and it’s happening. Ishan Pandey: Solana’s blockchain has started to generate hefty revenue for its network due to its remarkable speed. Do you think Dapp developers will benefit from moving to Solana? DappRadar is blockchain agnostic, but of course, we see the unique propositions of each network. Solana’s stated mission is to support all high-growth and high-frequency dapps and to democratize the world’s financial systems. At its core, Solana offers scalability to dapps and is capable of supporting over 50,000 transactions per second. Furthermore, transaction costs on the network are estimated to cost approximately $10 for 1 million transactions. Based on these aspects, Solana is set up to deal with the majority of decentralized applications tracked by DappRadar from across various categories such as DeFi, Gaming, and NFTs. Skirmantas Januškas: Solana offers a great solution to dapp developers looking for scalability and speed so we are not surprised to see tremendous growth in both its dapp ecosystem and TVL figure. Platforms like Orca, Magic Eden, and Raydium are building strong user bases and continue to offer the services people want. However, Solana - like Ethereum - will not carry the crown alone. We believe in a multichain future where various blockchains attract an audience. More importantly, value and information will transfer swiftly and smoothly between these different blockchains, all while the regular consumer won’t notice anything about the complexities in the background. Ishan Pandey: What are your views on NFTs and NFT collateralization? NFTs have been on our radar for years (pardon the pun), and Dragos and I started this journey with a solid idea that NFTs would revolutionize the industry through actual ownership. We pivoted hard in 2021 as a company to focus on the emerging asset class, and it paid off. We now have the most comprehensive NFT tracking in the space and are the go-to data provider for the world’s leading media outlets. Skirmantas Januškas: What we have seen emerge over the last 18 months has been incredible to observe as DappRadar, and as individuals - the birth of a new asset class with its audience and mechanics that seem to defy cryptocurrency market trends. More importantly, NFTs have brought investors into the space with a more visually appealing investment option that can provide further utility in metaverse platforms. The sky is the limit, but I think now it’s all about top collections delivering on promises made while new ones carefully consider that the audience for NFTs is now far savvier than it was just a year ago. Instead of using a bank that would require a person to put up their home or car as collateral, people can now leverage their NFTs through specialized services that connect owners of digital art and collectibles NFTs with lenders. The main idea of NFT collateralization is to give people who potentially sunk considerable amounts of money into NFTs a way to release some equity without selling their digital assets. It also gives people a way to make a passive income on their investments through lending. Lenders are also attracted to using NFT collateralization services by the potential of charging rates that far exceed traditional loans. In theory, a lender could also take ownership of a valuable NFT if a borrower defaults. Ishan Pandey: What are your views on GameFi and Play-2-Earn? GameFi and Play-to-Earn gaming are developments at the forefront of what blockchain technology can do to enhance digital consumer experiences. Blockchain technology on its own already provides users with actual digital ownership, the ability to trade digital assets as if these are physical ones. While GameFi or gamified financial services provide a sense of entertainment to otherwise passive and arguably boring financial services, play-to-earn or play-and-earn gaming takes the most significant entertainment industry to another level. Skirmantas Januškas: Gamers spend around 8 hours and 27 minutes per week playing video games. That’s 442 hours per year. In the United States, gamers spend an average of $84 per year on in-game content, not counting regular game purchases. Game companies need these gamers, these communities, to build a fun experience for everybody. Yet, gamers spend time and money without getting anything in return. Play-to-earn gaming changes this and allows gamers to earn something from their time spent. It’s still early, but we at DappRadar see the revolution happening, embracing this new game paradigm. Ishan Pandey: What does the roadmap ahead look like for DappRadar? Where the first quarter of 2022 was about laying the technical foundation for our road ahead, the second quarter will be about paving the way. The road ahead is an exciting one for DappRadar and our community. When we started the calendar year, we dedicated lots of time and development resources to improving our infrastructure. Profiles that first couldn’t load because they contained too many NFTs, now load within seconds. Not only did we optimize our servers, but we’ve also reduced the amount of data required to load visuals of NFTs. This has become a big win for our users, especially those with mobile data packages. Our efforts for optimization will never end, and this is just one example of how we improve our product. Skirmantas Januškas: In addition, we’re on a hiring spree! We’re growing our development and marketing teams in order to build better, faster, and communicate with our audience more clearly. At the same time, DappRadar is creating partnerships with some of the most promising blockchain protocols. We started tracking dapps on Optimism and Hedera, Moonbeam, Moonriver, Everscale, Algorand, KardiaChain, Cronos, Fantom, Oasis, and Shiden. In 2022 we will transform and supercharge this key product with all kinds of new features. Think about more metrics, trending dapps, and tighter integration of the rankings into the portfolio and the dapp product pages. The DappRadar Rankings on steroids give users deeper insights while also integrating the product into the user experience throughout the website. We will also upgrade the dapp product pages. We will introduce special features tailored for gamers on these pages, hopefully helping those who are excited about play-to-earn gaming and GameFi. our rankings We’re not only working on improving existing features, but we will also add new ones to DappRadar. Right now, you can find and the most popular based on their trading volume, but we don’t offer a proper way to dive deeper into collections yet. This will change. Soon you can check out entire collections, jump into their metadata, and follow and analyze them. DappRadar will launch the NFT Collections Explorer to help you discover, analyze, and track. the latest NFT sales NFT collections What’s the cherry on the cake? We’re working on a native app for iOS and Android. In the app, users will be able to engage with the most popular and personal elements of the DappRadar website. The most interesting proposition here is that everything will be available for free, but users with a DappRadar PRO membership get enhanced and supercharged versions of our services. Anybody can become a PRO member, simply by holding 5,000 RADAR tokens in their wallet. Ishan Pandey: What trends do you see in the funding scene for the blockchain industry? The amount of capital invested in blockchain games in Q1 is overperforming the $4 billion raised in 2021. In the first three months of 2022, VCs and investors have raked at least $2.5 billion into blockchain games and their underlying infrastructure. At this pace, play-to-earn and metaverse-related projects will add $10 billion this year to keep building the future of this industry. Skirmantas Januškas: In March 2022, over $785 million was invested across different projects. , the studio behind the renowned NFT collection Bored Ape Yacht Club (BAYC), received a $450 million investment led by Animoca Brands, with The Sandbox, FTX, and Coinbase involved in the deal. The investment further cements the status of Yuga Labs as one of the names to follow in the Web3 narrative. It also boosts the team’s metaverse plans as they prepare for the launch of Otherside. Otherside will become an interoperable metaverse platform involving play-to-earn games, fashion, and media. Yuga Labs It is also worth highlighting the $200 million investment led by Temasek in Immutable-X (IMX). The investment brings the value of the Sidney-based Ethereum scaling solution to a $2.5 billion Series C valuation. IMX hosts two popular blockchain games in and Guilds of Guardians. Furthermore, Gary V’s Book Games have already seen more than $100 million in NFT trading volume on Immutable X. These dapps will be joined by Illuvium and in the upcoming months. The capital raised will bring flexibility to keep building and scaling the IMX product further. Investors see the bigger picture here. NFTs and gaming will pave the way for mainstream users to show interest in blockchain technology. At the same time, improved tech and better user experiences will make onboarding even easier. Gods Unchained Ember Sword Don’t forget to like and share the story!

Understanding the State of Crypto with DappRadar 

In-messenger games, a digital era phenomenon born in Asia and rapidly adopted across the globe, have fundamentally reshaped social interactions and digital economies since their emergence in the early 2010s. These games, integrated into popular instant messaging platforms like WeChat, Kakao, and Telegram, have evolved from simple entertainment to complex ecosystems involving blockchain technology and digital assets. The question now is: Which player will reshape the landscape with decentralized technologies and take the lead in this evolving space? Drawing from my experience at TonTon Games. Asian In-Messenger Games: WeChat vs. Kakao WeChat, developed by Tencent, has positioned itself as a leader in integrating mini-games within its messaging platform since 2017. This initiative has proven highly successful, with WeChat’s mini-games attracting over 400 million monthly active users and generating approximately $2.3 billion in revenue in the first half of 2024 alone. Popular titles include "Jump Jump," known for its simplicity and addictiveness, and "The Pirate Game," a strategy-based offering. Meanwhile, "Xundao Daquian" has shown firm performance, leading Interactive Entertainment rankings with 162.41 million monthly active users in February 2024. WeChat's success can be attributed to the seamless integration of these games, their accessibility, and high user retention rates. The platform's mini-games have become integral to daily user engagement, demonstrating the massive potential of in-messenger gaming. KakaoTalk, founded by Kakao Corp in 2010, dominates the South Korean market with a 93% market penetration. Leveraging this extensive user base, Kakao Games has implemented in-messenger gaming features. Their strategy revolves around utilizing KakaoTalk's social network to enhance player connectivity, driving user engagement and retention. Kakao Games has taken a strategic approach to its growth, forming partnerships with global developers like Ocean Drive Studio, Chrono Studio, Candy Digital, and METABORA. This collaborative strategy has diversified its gaming portfolio, focusing on high-quality, narrative-driven experiences. Key offerings like "Guardian Tales" and "Eversoul" testify to the platform's commitment to quality and innovation, instilling confidence in its future. Innovative Approach to In-Messenger Games: Telegram's Web3 Strategy In the Western market, Telegram has emerged as a frontrunner in integrating blockchain technology within its messaging platform, positioning itself at the forefront of the Web3 movement. As of 2024, Telegram boasts a substantial global user base of 950 million active users, largely driven by the growing popularity of games, creating a significant market for its Web3 initiatives. Telegram's strategy leverages The Open Network (TON) to facilitate secure and rapid transactions within the app, supporting in-game economies and decentralized applications (dApps). This aligns with industry projections from DappRadar, which anticipate the blockchain gaming market to reach a valuation of $39.7 billion by 2025, indicating substantial growth potential and exciting opportunities in this sector. However, as Daniil Shcherbakov, CEO of TonTon Games, cautions, merely porting over successful Web2 games won’t resonate with today’s Web3 audience on Telegram. Shcherbakov explains, “It’s not enough to take a Web2 game, even a successful Web2 game, and put it on Telegram and expect money to grow on trees. There is no audience currently for that. It should have a proper, well-developed Web3 narrative. Without it, people won’t play it, at least the people that are playing now.” This focus on Web3-native gaming mechanics is evident in Telegram's gaming portfolio, which includes titles designed to leverage blockchain integration. For instance, Notcoin is a tap-to-earn game where users can accumulate Notcoin (NOT) through simple gameplay mechanics, while SnakeTON is a survival game that rewards players with cryptocurrency as they navigate obstacles. Similarly, Catizen is a strategic, community-based game allowing players to earn and trade digital assets, offering an experience that appeals to Web3-minded users looking for both entertainment and economic participation. By addressing these demands, Telegram is building an ecosystem that supports not only traditional gaming enjoyment but also deeper engagement with GameFi (Game Finance) elements. Asian Super Apps vs. Telegram: Key Differences Cultural background undoubtedly shapes game design, impacting every step in the process — from narrative themes to character development. Game developers often draw inspiration from their cultural heritage, enriching gameplay and fostering a deeper connection between players through storytelling. Telegram games focus more on individualism, freedom, and open-world exploration, while Asian games often emphasize community, structured progression, and deep storytelling. This approach reflects players' cultural values and preferences in each region, vividly illustrated through game mechanics, aesthetics, and engagement strategies. The adoption of blockchain and Web3 technologies further highlights the divergence between these approaches. WeChat faced significant hurdles in this area due to strict government oversight of blockchain and cryptocurrency activities in China. Kakao, despite joining the Bank of Korea's digital currency project through its subsidiary Ground X, was positioned more as a follower than a leader in blockchain innovation. Telegram's approach differs markedly from that of its Eastern counterparts. The platform enhanced user engagement by integrating blockchain technology via TON, implementing features such as collectible gifts and NFTs, and opening new monetization channels. This proactive approach positioned it as a pioneer in the Web3 space within messaging platforms, yet it also poses some challenges. Potential Challenges for Telegram's Web3 Ecosystem Achieving mass adoption of Web3 technologies, including decentralized applications (dApps) on Telegram, will be critical for the long-term success of its ecosystem. However, widespread adoption demands significant efforts in user education and onboarding, as blockchain technology remains unfamiliar to many users. Ensuring clear, accessible information alongside user-friendly interfaces is essential for driving engagement and building a broader user base within the Web3 environment. Integrating Web3 features within a messaging platform also presents challenges related to interoperability with TON. Maintaining scalability, performance, and security will be essential to support high transaction volumes without compromising user experience. Additionally, Telegram must navigate regulatory compliance carefully, as evolving legal landscapes across jurisdictions could impact the development and deployment of Web3 features. Final Thoughts: The Future of In-Messenger Games and Web3 Integration Blockchain technology will likely reshape the gaming industry in several exciting ways. Virtual worlds and economies will become more interconnected, allowing players to own and trade in-game assets across different games truly. This will create new revenue streams for both developers and players. As in-messenger gaming continues to evolve, a few key technologies are paving the way for broader adoption across global audiences. HTML5 and Cocos are emerging as essential tools that can support mass-market growth and enhance game quality, accessibility, and lightweight functionality — crucial elements for games hosted within messaging platforms. These technologies provide the flexibility and performance needed to deliver responsive, visually rich experiences while keeping the file size low and eliminating the need for complex installations, making them ideal for today’s mobile-first world. The social dynamics within these games are shifting, too. Where early in-messenger games were primarily focused on single-player or light social elements, modern games within platforms like WeChat, Kakao, and Telegram are deeply interactive, with live chat channels and in-game communities allowing hundreds of thousands of players to engage, give real-time feedback, and build a sense of camaraderie. This is a departure from the one-way ratings and reviews seen on app stores, adding another dimension to user experience and engagement. Finally, the integration of blockchain technology on platforms like Telegram brings a new level of innovation through GameFi elements. In-game assets are becoming valuable digital items, tradable and secure through NFTs, while in-game staking and blockchain-based payments offer users new ways to invest, earn, and participate in the ecosystem. This trend echoes a global shift toward decentralized ownership and economies, signaling a new era of in-messenger gaming where players can interact with, own, and trade game assets freely. In-messenger games, a digital era phenomenon born in Asia and rapidly adopted across the globe, have fundamentally reshaped social interactions and digital economies since their emergence in the early 2010s. These games, integrated into popular instant messaging platforms like WeChat, Kakao, and Telegram, have evolved from simple entertainment to complex ecosystems involving blockchain technology and digital assets. The question now is: Which player will reshape the landscape with decentralized technologies and take the lead in this evolving space? Drawing from my experience at TonTon Games. TonTon Games. Asian In-Messenger Games: WeChat vs. Kakao Asian In-Messenger Games: WeChat vs. Kakao WeChat, developed by Tencent, has positioned itself as a leader in integrating mini-games within its messaging platform since 2017. This initiative has proven highly successful, with WeChat’s mini-games attracting over 400 million monthly active users and generating approximately $2.3 billion in revenue in the first half of 2024 alone. 400 million monthly active users 400 million monthly active users $2.3 billion in revenue Popular titles include "Jump Jump," known for its simplicity and addictiveness, and "The Pirate Game," a strategy-based offering. Meanwhile, "Xundao Daquian" has shown firm performance, leading Interactive Entertainment rankings with 162.41 million monthly active users in February 2024. WeChat's success can be attributed to the seamless integration of these games, their accessibility, and high user retention rates. The platform's mini-games have become integral to daily user engagement, demonstrating the massive potential of in-messenger gaming. KakaoTalk, founded by Kakao Corp in 2010, dominates the South Korean market with a 93% market penetration . Leveraging this extensive user base, Kakao Games has implemented in-messenger gaming features. Their strategy revolves around utilizing KakaoTalk's social network to enhance player connectivity, driving user engagement and retention. 93% market penetration 93% market penetration Kakao Games has taken a strategic approach to its growth, forming partnerships with global developers like Ocean Drive Studio, Chrono Studio, Candy Digital, and METABORA. This collaborative strategy has diversified its gaming portfolio, focusing on high-quality, narrative-driven experiences. Key offerings like "Guardian Tales" and "Eversoul" testify to the platform's commitment to quality and innovation, instilling confidence in its future. Innovative Approach to In-Messenger Games: Telegram's Web3 Strategy Innovative Approach to In-Messenger Games: Telegram's Web3 Strategy In the Western market, Telegram has emerged as a frontrunner in integrating blockchain technology within its messaging platform, positioning itself at the forefront of the Web3 movement. As of 2024, Telegram boasts a substantial global user base of 950 million active users , largely driven by the growing popularity of games, creating a significant market for its Web3 initiatives. 950 million active users 950 million active users Telegram's strategy leverages The Open Network (TON) to facilitate secure and rapid transactions within the app, supporting in-game economies and decentralized applications (dApps). This aligns with industry projections from DappRadar , which anticipate the blockchain gaming market to reach a valuation of $39.7 billion by 2025, indicating substantial growth potential and exciting opportunities in this sector. industry projections from DappRadar However, as Daniil Shcherbakov, CEO of TonTon Games, cautions, merely porting over successful Web2 games won’t resonate with today’s Web3 audience on Telegram. Shcherbakov explains, “It’s not enough to take a Web2 game, even a successful Web2 game, and put it on Telegram and expect money to grow on trees. There is no audience currently for that. It should have a proper, well-developed Web3 narrative. Without it, people won’t play it, at least the people that are playing now.” “It’s not enough to take a Web2 game, even a successful Web2 game, and put it on Telegram and expect money to grow on trees. There is no audience currently for that. It should have a proper, well-developed Web3 narrative. Without it, people won’t play it, at least the people that are playing now.” “It’s not enough to take a Web2 game, even a successful Web2 game, and put it on Telegram and expect money to grow on trees. There is no audience currently for that. It should have a proper, well-developed Web3 narrative. Without it, people won’t play it, at least the people that are playing now.” “It’s not enough to take a Web2 game, even a successful Web2 game, and put it on Telegram and expect money to grow on trees. There is no audience currently for that. It should have a proper, well-developed Web3 narrative. Without it, people won’t play it, at least the people that are playing now.” This focus on Web3-native gaming mechanics is evident in Telegram's gaming portfolio, which includes titles designed to leverage blockchain integration. For instance, Notcoin is a tap-to-earn game where users can accumulate Notcoin (NOT) through simple gameplay mechanics, while SnakeTON is a survival game that rewards players with cryptocurrency as they navigate obstacles. Similarly, Catizen is a strategic, community-based game allowing players to earn and trade digital assets, offering an experience that appeals to Web3-minded users looking for both entertainment and economic participation. By addressing these demands, Telegram is building an ecosystem that supports not only traditional gaming enjoyment but also deeper engagement with GameFi (Game Finance) elements. Asian Super Apps vs. Telegram: Key Differences Asian Super Apps vs. Telegram: Key Differences Cultural background undoubtedly shapes game design, impacting every step in the process — from narrative themes to character development. Game developers often draw inspiration from their cultural heritage, enriching gameplay and fostering a deeper connection between players through storytelling. Telegram games focus more on individualism, freedom, and open-world exploration, while Asian games often emphasize community, structured progression, and deep storytelling. This approach reflects players' cultural values and preferences in each region, vividly illustrated through game mechanics, aesthetics, and engagement strategies. The adoption of blockchain and Web3 technologies further highlights the divergence between these approaches. WeChat faced significant hurdles in this area due to strict government oversight of blockchain and cryptocurrency activities in China. Kakao, despite joining the Bank of Korea's digital currency project through its subsidiary Ground X, was positioned more as a follower than a leader in blockchain innovation. Telegram's approach differs markedly from that of its Eastern counterparts. The platform enhanced user engagement by integrating blockchain technology via TON, implementing features such as collectible gifts and NFTs, and opening new monetization channels. This proactive approach positioned it as a pioneer in the Web3 space within messaging platforms, yet it also poses some challenges. Potential Challenges for Telegram's Web3 Ecosystem Potential Challenges for Telegram's Web3 Ecosystem Achieving mass adoption of Web3 technologies, including decentralized applications (dApps) on Telegram, will be critical for the long-term success of its ecosystem. However, widespread adoption demands significant efforts in user education and onboarding, as blockchain technology remains unfamiliar to many users. Ensuring clear, accessible information alongside user-friendly interfaces is essential for driving engagement and building a broader user base within the Web3 environment. Integrating Web3 features within a messaging platform also presents challenges related to interoperability with TON. Maintaining scalability, performance, and security will be essential to support high transaction volumes without compromising user experience. Additionally, Telegram must navigate regulatory compliance carefully, as evolving legal landscapes across jurisdictions could impact the development and deployment of Web3 features. Final Thoughts: The Future of In-Messenger Games and Web3 Integration Final Thoughts: The Future of In-Messenger Games and Web3 Integration Blockchain technology will likely reshape the gaming industry in several exciting ways. Virtual worlds and economies will become more interconnected, allowing players to own and trade in-game assets across different games truly. This will create new revenue streams for both developers and players. As in-messenger gaming continues to evolve, a few key technologies are paving the way for broader adoption across global audiences. HTML5 and Cocos are emerging as essential tools that can support mass-market growth and enhance game quality, accessibility, and lightweight functionality — crucial elements for games hosted within messaging platforms. These technologies provide the flexibility and performance needed to deliver responsive, visually rich experiences while keeping the file size low and eliminating the need for complex installations, making them ideal for today’s mobile-first world. The social dynamics within these games are shifting, too. Where early in-messenger games were primarily focused on single-player or light social elements, modern games within platforms like WeChat, Kakao, and Telegram are deeply interactive, with live chat channels and in-game communities allowing hundreds of thousands of players to engage, give real-time feedback, and build a sense of camaraderie. This is a departure from the one-way ratings and reviews seen on app stores, adding another dimension to user experience and engagement. Finally, the integration of blockchain technology on platforms like Telegram brings a new level of innovation through GameFi elements. In-game assets are becoming valuable digital items, tradable and secure through NFTs, while in-game staking and blockchain-based payments offer users new ways to invest, earn, and participate in the ecosystem. This trend echoes a global shift toward decentralized ownership and economies, signaling a new era of in-messenger gaming where players can interact with, own, and trade game assets freely.

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By Ezra Strauss, Head of Partnerships at Portal I’m proud to be writing this article about a partnership that will reshape the landscape of Web3 gaming. Portal and Immutable have come together to redefine how games are distributed, monetized, and experienced in the Web3 space. This collaboration isn’t just a strategic business move; it’s a personal milestone for me, reuniting with former colleagues at Immutable, as we aim to push the boundaries of what’s possible in gaming. Together, we’re setting the stage for a new era in the Web3 world, where seamless user experiences and cutting-edge technology converge. But what does this partnership really mean for gamers, developers, and the broader gaming ecosystem? To understand the impact, we need to explore the synergies between Portal and Immutable and why this collaboration has the potential to accelerate the adoption of Web3 gaming. Addressing the Web3 Gaming Challenge The Web3 space has long been a promise of ownership, decentralization, and community-driven innovation. Gaming, in particular, has proved a fertile ground for Web3 disruption - a classic case of innovative technology giving rise to new, high-growth business models. The industry has always always been an early adopter of new tech, from cheap home computing in the 1990s and UGC in the 2010s - to blockchain and AI in the 2020s. This culture of early adoption has led to meteoric growth over the past 3 decades, with gaming now worth $300bn+ yearly. But the Web3 gaming sector has encountered one key challenge—how to reach mainstream audiences. Games built on blockchain technology have struggled with accessibility, distribution, and monetization in ways that traditional gaming companies do not. Players want seamless access and rewards; developers want a robust infrastructure to build games. This is where Portal and Immutable step in. At Portal, we’ve been laser-focused on solving Web3 distribution—connecting games with players through frictionless products that aggregate users across multiple chains. From discovering a Web3 game to playing it, buying in-game assets, joining its community and ultimately becoming an evangelist, our product suite caters to every stage in the prospective Web3 gamer’s journey. By making this process seamless, we massively boost the chances of mass adoption. Ultimately, we want Web3 gaming to be the most accessible and rewarding online experience, period. The first step on this journey is simplifying the payments in the space. With Portal Pay, our cross-chain payments offering, we’re helping games take payments in over 5,000 cryptocurrencies on any chain. Gamers can pay in whatever token they want, and with Pay’s SmartSwap feature, games only receive the token they need. For example, a gamer who only plays Solana-based games might only have $SOL in their Phantom wallet. With Portal Pay, they can buy into a sale on Ethereum without having to bridge, swap, or even create a new wallet. By removing these pain points for both games and gamers, we’re widening the TAM of every game onchain, improving liquidity in the gaming ecosystem in the process. Immutable, on the other hand, has developed a sophisticated gaming platform that allows developers to confidently build and deploy Web3 games while prioritizing usability and security. By leveraging their extensive ecosystem and technology like zero-knowledge (zk) scaling, Immutable empowers developers to create groundbreaking gaming experiences. The Power of Synergy: Portal + Immutable This partnership is about more than just technology integration—it’s about creating a holistic, streamlined experience for players and developers alike. By integrating Immutable chains into the Portal platform, we are enabling game developers to access Portal Pay, our seamless payment and rewards solution, for their in-game economies. This enhances the way transactions, rewards, and player engagement are handled, which is critical in Web3’s user-first world. In addition, Portal’s cross-chain technology is designed to bring users from every blockchain into a single, vibrant ecosystem of games. This is a game-changer for developers on the Immutable platform who now have access to a much broader audience. Gamers can experience titles from Immutable’s impressive roster of games, like Gods Unchained and Guild of Guardians, with less friction, while developers can benefit from Portal’s comprehensive tools to boost monetization and player retention. We’re tackling the liquidity issue head-on, too. By introducing advanced liquidity solutions through this partnership, developers will be able to capture more value from their in-game assets and transactions, while players are rewarded more effectively for their engagement. This adds a new level of depth to the gaming economy and significantly enhances the user experience. A Vision for the Future: Web3 Gaming Meets the Mainstream Looking at the broader picture, the partnership between Portal and Immutable signals the beginning of a Web3 gaming revolution. Data from DappRadar indicates that Web3 gaming generated $3.1 billion in 2023, yet it remains a small fraction of the $184.4 billion global gaming market. The potential for growth is enormous, especially as mainstream audiences begin to realize the benefits of decentralized gaming—true ownership of in-game assets, seamless cross-platform experiences, and innovative monetization strategies. Our collaboration with Immutable is focused on making Web3 gaming more accessible, scalable, and lucrative for everyone involved. We’re already seeing indicators that Web3 gaming will grow exponentially. According to a report by Citi, the Metaverse economy could be worth up to $13 trillion by 2030, and gaming will be at the heart of this digital revolution. As the boundaries between digital and physical worlds continue to blur, Portal and Immutable are uniquely positioned to drive the gaming sector’s transformation, not just in the Web3 space but across the global industry. The Road Ahead: Innovation Through Collaboration For me, personally, this partnership is the culmination of years of dedication to pushing the frontiers of gaming. Working alongside the brilliant team at Immutable, some of whom I’ve had the privilege of collaborating with in the past, has reignited the passion I have for the possibilities that lie ahead. We’re not just enhancing distribution and monetization; we’re creating an entirely new blueprint for how gaming can—and will—thrive in a decentralized world. The next steps in this journey are exciting. With Immutable’s zk-based scaling technology, games can continue to drive down costs and improve scalability, making Web3 games more accessible than ever before. And as Portal continues to innovate with our distribution layer, developers will be able to focus on what they do best: building the next generation of AAA games on any chain, while we connect them with players from around the globe. This is just the beginning. The collaboration between Portal and Immutable is poised to accelerate the adoption of Web3 gaming and bring the future of gaming into the present. Together, we are setting a new standard for what gaming can be—and I couldn’t be more excited for what’s to come. About Ezra Strauss Ezra Strauss is the Head of Partnerships at Portal, a leader in Web3 gaming distribution. Previously, he held roles at Immutable, where he contributed to their mission of revolutionizing blockchain gaming. Ezra is passionate about building synergies between technology and gaming to create experiences that are accessible, rewarding, and enjoyable for players worldwide. About Portal Portal is building the distribution layer for Web3 and beyond. An ecosystem that’s bringing together users from every chain and connecting them with the best dApps in the space – starting with gaming. Via frictionless products, a pioneering liquidity layer, and a world-class network, Portal is helping Web3 solve distribution – aggregating users into a single, vibrant ecosystem in the process. Builders of top-level games and dApps can now focus on creating AAA experiences on any chain – Portal is connecting them to users from around the world. Portal’s advisors include Jamie King, Rockstar Games Co-Founder, Russell Hanson, former CSO of Consensys, Matt Dixon, former Head of BD, EA Games, and John Yao, CEO Team Secret eSports. Portal is proudly represented by WME. For more information, users can follow Portal on X: https://x.com/Portalcoin This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. By Ezra Strauss, Head of Partnerships at Portal I’m proud to be writing this article about a partnership that will reshape the landscape of Web3 gaming. Portal and Immutable have come together to redefine how games are distributed, monetized, and experienced in the Web3 space. This collaboration isn’t just a strategic business move; it’s a personal milestone for me, reuniting with former colleagues at Immutable, as we aim to push the boundaries of what’s possible in gaming. Together, we’re setting the stage for a new era in the Web3 world, where seamless user experiences and cutting-edge technology converge. But what does this partnership really mean for gamers, developers, and the broader gaming ecosystem? To understand the impact, we need to explore the synergies between Portal and Immutable and why this collaboration has the potential to accelerate the adoption of Web3 gaming. Addressing the Web3 Gaming Challenge Addressing the Web3 Gaming Challenge The Web3 space has long been a promise of ownership, decentralization, and community-driven innovation. Gaming, in particular, has proved a fertile ground for Web3 disruption - a classic case of innovative technology giving rise to new, high-growth business models. The industry has always always been an early adopter of new tech, from cheap home computing in the 1990s and UGC in the 2010s - to blockchain and AI in the 2020s. This culture of early adoption has led to meteoric growth over the past 3 decades, with gaming now worth $300bn+ yearly. But the Web3 gaming sector has encountered one key challenge—how to reach mainstream audiences. Games built on blockchain technology have struggled with accessibility, distribution, and monetization in ways that traditional gaming companies do not. Players want seamless access and rewards; developers want a robust infrastructure to build games. This is where Portal and Immutable step in. At Portal, we’ve been laser-focused on solving Web3 distribution—connecting games with players through frictionless products that aggregate users across multiple chains. From discovering a Web3 game to playing it, buying in-game assets, joining its community and ultimately becoming an evangelist, our product suite caters to every stage in the prospective Web3 gamer’s journey. By making this process seamless, we massively boost the chances of mass adoption. Ultimately, we want Web3 gaming to be the most accessible and rewarding online experience, period. The first step on this journey is simplifying the payments in the space. With Portal Pay, our cross-chain payments offering, we’re helping games take payments in over 5,000 cryptocurrencies on any chain. Gamers can pay in whatever token they want, and with Pay’s SmartSwap feature, games only receive the token they need. For example, a gamer who only plays Solana-based games might only have $SOL in their Phantom wallet. With Portal Pay, they can buy into a sale on Ethereum without having to bridge, swap, or even create a new wallet. By removing these pain points for both games and gamers, we’re widening the TAM of every game onchain, improving liquidity in the gaming ecosystem in the process. Immutable, on the other hand, has developed a sophisticated gaming platform that allows developers to confidently build and deploy Web3 games while prioritizing usability and security. By leveraging their extensive ecosystem and technology like zero-knowledge (zk) scaling, Immutable empowers developers to create groundbreaking gaming experiences. The Power of Synergy: Portal + Immutable The Power of Synergy: Portal + Immutable This partnership is about more than just technology integration—it’s about creating a holistic, streamlined experience for players and developers alike. By integrating Immutable chains into the Portal platform, we are enabling game developers to access Portal Pay, our seamless payment and rewards solution, for their in-game economies. This enhances the way transactions, rewards, and player engagement are handled, which is critical in Web3’s user-first world. In addition, Portal’s cross-chain technology is designed to bring users from every blockchain into a single, vibrant ecosystem of games. This is a game-changer for developers on the Immutable platform who now have access to a much broader audience. Gamers can experience titles from Immutable’s impressive roster of games, like Gods Unchained and Guild of Guardians, with less friction, while developers can benefit from Portal’s comprehensive tools to boost monetization and player retention. We’re tackling the liquidity issue head-on, too. By introducing advanced liquidity solutions through this partnership, developers will be able to capture more value from their in-game assets and transactions, while players are rewarded more effectively for their engagement. This adds a new level of depth to the gaming economy and significantly enhances the user experience. A Vision for the Future: Web3 Gaming Meets the Mainstream A Vision for the Future: Web3 Gaming Meets the Mainstream Looking at the broader picture, the partnership between Portal and Immutable signals the beginning of a Web3 gaming revolution. Data from DappRadar indicates that Web3 gaming generated $3.1 billion in 2023, yet it remains a small fraction of the $184.4 billion global gaming market. DappRadar The potential for growth is enormous, especially as mainstream audiences begin to realize the benefits of decentralized gaming—true ownership of in-game assets, seamless cross-platform experiences, and innovative monetization strategies. Our collaboration with Immutable is focused on making Web3 gaming more accessible, scalable, and lucrative for everyone involved. We’re already seeing indicators that Web3 gaming will grow exponentially. According to a report by Citi , the Metaverse economy could be worth up to $13 trillion by 2030, and gaming will be at the heart of this digital revolution. As the boundaries between digital and physical worlds continue to blur, Portal and Immutable are uniquely positioned to drive the gaming sector’s transformation, not just in the Web3 space but across the global industry. report by Citi The Road Ahead: Innovation Through Collaboration The Road Ahead: Innovation Through Collaboration For me, personally, this partnership is the culmination of years of dedication to pushing the frontiers of gaming. Working alongside the brilliant team at Immutable, some of whom I’ve had the privilege of collaborating with in the past, has reignited the passion I have for the possibilities that lie ahead. We’re not just enhancing distribution and monetization; we’re creating an entirely new blueprint for how gaming can—and will—thrive in a decentralized world. The next steps in this journey are exciting. With Immutable’s zk-based scaling technology, games can continue to drive down costs and improve scalability, making Web3 games more accessible than ever before. And as Portal continues to innovate with our distribution layer, developers will be able to focus on what they do best: building the next generation of AAA games on any chain, while we connect them with players from around the globe. This is just the beginning. The collaboration between Portal and Immutable is poised to accelerate the adoption of Web3 gaming and bring the future of gaming into the present. Together, we are setting a new standard for what gaming can be—and I couldn’t be more excited for what’s to come. About Ezra Strauss About Ezra Strauss About Ezra Strauss Ezra Strauss is the Head of Partnerships at Portal , a leader in Web3 gaming distribution. Previously, he held roles at Immutable, where he contributed to their mission of revolutionizing blockchain gaming. Ezra is passionate about building synergies between technology and gaming to create experiences that are accessible, rewarding, and enjoyable for players worldwide. Portal About Portal About Portal About Portal Portal is building the distribution layer for Web3 and beyond. An ecosystem that’s bringing together users from every chain and connecting them with the best dApps in the space – starting with gaming. Via frictionless products, a pioneering liquidity layer, and a world-class network, Portal is helping Web3 solve distribution – aggregating users into a single, vibrant ecosystem in the process. Portal Builders of top-level games and dApps can now focus on creating AAA experiences on any chain – Portal is connecting them to users from around the world. Portal’s advisors include Jamie King, Rockstar Games Co-Founder, Russell Hanson, former CSO of Consensys, Matt Dixon, former Head of BD, EA Games, and John Yao, CEO Team Secret eSports. Portal is proudly represented by WME. For more information, users can follow Portal on X: https://x.com/Portalcoin https://x.com/Portalcoin This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here . here

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