Telegram to Launch Mini App Store With Web3 Capabilities and In-App Browser Supporting Web3 Pages

Telegram, the widely used messaging application boasting around 900 million users globally, is poised to make a substantial foray into the Web3 realm.

Telegram, a widely used messaging application, is set to integrate Web3 capabilities into its platform. The move comes as the platform looks to further solidify its standing within the crypto industry. Earlier this year, Telegram introduced tap-to-earn blockchain games on its platform, which have seen significant engagement. For instance, the Notcoin game reportedly drove the creation of over 1 million wallets on the TON network during its token generation event, according to Coingape. Highlighting the importance of 2024 for blockchain adoption, Durov said that it will be known as the year when a large cohort of people became familiar with blockchain technology. We are very pleased that Telegram is at the center of this major societal shift. In addition to expanding Web3 capabilities, the application will also be enhancing its security measures. Soon, the application will display the registration dates and primary countries of origin for public accounts, similar to Instagram. Their vision also includes allowing businesses to generate channel labels through their mini applications, essentially creating a decentralized marketplace for third-party verification. Also Read: Mike Novogratz predicts President Biden will drop out of the election race in 72 hours TON Blockchain Growth & Ecosystem DevelopmentThe TON blockchain has seen rapid growth recently. Its Total Value Locked (TVL) has more than doubled since May, surpassing the $760 million mark. The network's native token, Toncoin, has also seen a significant price rally, rising over 3x since the beginning of the year. To bolster its ecosystem, the TON Foundation has launched a startup accelerator program called "Triangle." The partnership, which includes Sign and 1inch, aims to foster growth within the Telegram and TON crypto ecosystem. Bringing together key players in the blockchain space, including the popular game Notcoin, the program showcases a concerted effort to expand and strengthen the TON network's presence in the broader cryptocurrency landscape.

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