Bitget Wallet on Tap-to-Earn Success and Future Beyond TON
The post Bitget Wallet on Tap-to-Earn Success and Future Beyond TON appeared on BitcoinEthereumNews.com.
Bitget Wallet recently announced that, as of August 2024, it had 30 million users globally and 2 million app downloads in a month. Behind these milestones is the wallet’s integration with TON ecosystem. However, the wallet’s future growth will depend on its ability to capitalize on emerging opportunities and address ongoing challenges. Tap-to-Earn Games Spark a New Wave of User Engagement on TON The Open Network (TON), a decentralized layer-1 blockchain network integrated with the messaging platform Telegram, has been making headlines lately due to the rise of tap-to-earn games. This model rewards users for engaging in simple activities, such as micro-crypto transactions, driving significant user engagement. Bitget Wallet’s integration into this ecosystem and its mobile-first approach have made it a prominent platform for many tap-to-earn users. For example, the Tomarket game attracted 20 million users within two months of its launch, with over 68% of these users accessing the game through Bitget Wallet. Read more: A Comprehensive Guide to Bitget Wallet (BitKeep) Bitget Wallet Download Numbers (August 2024). Source: Courtesy of Bitget Wallet Despite these figures, the future of Bitget Wallet’s integration with TON depends on maintaining this level of user engagement. According to Alvin Kan, Bitget Wallet’s COO, the platform plans to add more features that can support and grow its user base through Telegram mini-apps and tap-to-earn games. “We’re the first [Multi-Party Computation] MPC wallet on TON because we saw that a lot of users were coming into Telegram and using TON ecosystem. Many of these users are new to Web3 and don’t want to manage complex seed phrases. This is why we made the decision to integrate MPC wallets with Telegram,” Kan explained in a recent interview with BeInCrypto. Looking beyond tap-to-earn, Bitget Wallet is also exploring opportunities in SocialFi—a sector that integrates social interaction with…
Filed under: News - @ September 26, 2024 12:22 pm