Builder, let's go again! Anchoring the Telegram ecosystem, OKX Web3 is scaling up again?
Since its launch, Telegram has rapidly risen with strong privacy protection and communication features. As of 2024, the monthly active users have reached 900 million, an increase of 12.5% compared to last year, ranking second only to Whatsapp, WeChat, and Messenger among global messaging apps. The large user base not only consolidates Telegram's position in the Web2 communication field, but also lays the foundation for its expansion into the Web3 field.
By integrating the TON ecosystem, Telegram introduces Web3 product experiences such as encrypted payments, digital asset management, and decentralized applications (dApps) while retaining core communication functions. Relying on the traffic advantages of Telegram and the payment and transaction capabilities provided by TON, Mini Apps in the Telegram ecosystem have covered more than 20 types of applications such as Staking, Wallet, and Centralized Exchange Platform (CEX), providing users with a richer Web3 interactive experience.
In addition, TON has also brought new profit opportunities for developers. However, most current applications (especially games and social mini programs) are still focused on Meme culture and entertainment speculation, making it difficult to meet the needs of large-scale Web2 users, and the ecosystem is still in its early stages.
Regarding the Telegram ecosystem, we know that the conditions are: a large user base and a very open and flexible social ecosystem. However, what we don't know is how to make it a "cross sea bridge" for people to freely communicate between the Web2 world and Web3 countries?
OKX Web3 is providing an answer to this.
On the one hand, the launch of Telegram's native Mini wallet supports users to perform asset management, swaps, cross chain operations, and other operations within Telegram, helping users quickly explore the TON ecosystem; On the other hand, OKX Connect has been launched as a communication protocol between wallets and applications in the Telegram ecosystem, helping developers seamlessly connect their DApps developed on Telegram with different public chain ecosystems, thereby creating the best on chain experience for a wider range of users.
OKX Connect is essentially a middleware that can help other ecosystems such as EVM connect with the Telegram ecosystem. The role of OKX Mini Wallet is to become the Web3 entry point for Telegram users, as we support the most complete chain and dapp connections. Users can directly complete transfer, cross chain, swap and other operations on Telegram without jumping. Overall, the value of our work is to help Telegram users enter the native cryptocurrency ecosystem with low barriers to entry, while also providing opportunities for crypto native projects to reach Telegram users, gradually attracting 900 million Telegram users to Web3.
The person in charge of OKX Web3 stated that the special feature of OKX Connect is that it is currently the only bridge connecting non TON on chain dapps with Telegram users. For users, the OKX Web3 wallet first supports asset management and DeFi protocol parsing for over 100 chains, as well as dapp connections. On Telegram, other wallets usually only support a few chains, which is far less convenient than the OKX Mini wallet.
The project team has been longing to directly reach real users, and Telegram is the one they most want to reach, not just an address. However, there are only a few protocols on Telegram Mini Apps that support wallet connections, and Ton Connect supports TON chain. Therefore, DApps from other ecosystems want to reach them, but cannot, as there is no bridge across the river. So from this perspective, the existence of OKX Connect is a key bridge for various project parties to establish connections with Web2 users He continued speaking.
Nowadays, many project parties have improved their development efficiency due to the emergence of OKX Connect. Bitbot, a Telegram trading terminal that focuses on unmanaged AI, said that OKX Connect has smooth connections, one click recharge and transfer, simplified operation steps, and made user experience more convenient. Duckchain, the Telegram ecosystem foundation layer project for consumers, stated that OKX Connect provides a seamless and reliable connectivity solution, making it the Consumer Layer of TON. It can easily integrate multi chain functions in DuckChain, enhance user experience, and promote deep interconnection with the TON ecosystem.
2、 Why support the construction of Telegram ecosystem?
In addition, OKX Mini Wallet has also been integrated into OKX Connect and supports users to deploy and connect to OKX Connect's Telegram Mini Apps on TON, Sui, EVM, Solana chains for direct interaction without having to jump to other apps.
To further attract users to experience the Telegram ecosystem, OKX Web3 wallet has also launched multiple activities, providing rewards while guiding users to enjoy the Telegram ecosystem.
At present, users of OKX Web3 wallet can receive exclusive benefits in different activities such as Giveaway, Cryptopedia, Mantle Telegram Adventure, etc. In the Mantle Telegram Adventure event, users can link to multiple Mantle based mini games deployed on Telegram through OKX Connect and participate in winning a total of approximately $100000 worth of MNT rewards.
Obviously, OKX is using the combination of OKX Mini Wallet and OKX Connect to simplify the process for Web2 users to enter the Telegram Web3 application, and to break down the barriers between the Telegram ecosystem and other public chain ecosystems, promoting more users to enter Web3.
Strive for the "cross sea bridge" mentioned at the beginning.
After launching Mini Apps, Telegram became the easiest channel to reach users in the Web3 field. There have been no native social applications in the Web3 field, and most on chain users use Telegram, but their main behavior on Telegram is off chain behavior. When Telegram supports Mini Apps as well as Ton Connect and OKX Connect, it makes it easier for Telegram users to engage in on chain interactions such as payments, sending red envelopes, voting, and sharing on chain updates in their daily lives and when chatting with friends The product leader of OKX Web3 admitted that the team has always adhered to innovation driven and led the industry's infrastructure construction, which is the core driving force for them to anchor the Telegram ecosystem and actively build it.
Looking back, whether in the Bitcoin ecosystem, Ethereum ecosystem, or Solana ecosystem, OKX Web3 has actively participated in the construction and achieved significant results and user recognition. As long as users and industries have needs, the team is always taking action.
In addition to product level support, OKX Ventures, The Open Platform (TOP), and Folius Ventures have jointly announced the launch of the Telegram Growth Hub, an accelerator with a total scale of $10 million, to provide funding and support for projects that enhance user engagement in the TON and Telegram ecosystems, promote innovation in the TON public chain, and expand the Telegram Mini Apps ecosystem. In addition to financial support, up to 10 selected projects will also receive multidimensional support in terms of product infrastructure, market promotion, and growth.
As the saying goes, "The best time to plant a tree was ten years ago, followed by now
Various signs indicate that the OKX Web3 team has always been driving industry development with practical actions. As the slogan goes: Less talk, Less drama, More building.
Risk Warning and Disclaimer
This article is for reference only. This article only represents the author's viewpoint and does not represent OKX's position. This article is not intended to provide (i) investment advice or investment recommendations; (ii) Offer or solicitation to purchase, sell, or hold digital assets; (iii) Financial, accounting, legal or tax advice. We do not guarantee the accuracy, completeness, or usefulness of such information. The digital assets held (including stablecoins and NFTs) involve high risks and may experience significant fluctuations. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation. For your specific situation, please consult your legal/tax/investment professionals. Please be responsible for understanding and complying with applicable local laws and regulations on your own.
(责任编辑:白银TD)
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