Telegram’s Crypto Revolution: $NOT and $TON Games Propel Millions into #web3

Blockchain games built on The Open Network (TON) are revolutionizing Web3 adoption on Telegram, with idle games like Notcoin leading the surge.
Telegram’s vast user base has become a fertile ground for cryptocurrency growth as viral games like Notcoin gain massive popularity. In just under two months, Notcoin attracted over 30 million users on Telegram, facilitating the creation of TON-based cryptocurrency wallets. This idle game, where users tap their screens to earn $NOT tokens, has brought 3% of Telegram users into the Web3 fold. The subsequent listing of $NOT tokens on major cryptocurrency exchanges has resulted in significant financial gains for casual gamers.
In an exclusive interview with Cointelegraph, Inal Kardan, gaming lead at TON Foundation, highlighted blockchain gaming’s unmatched potential to draw new users into the crypto ecosystem.Web3 gamers are projected to hit 500 million by 2028.
“Notcoin’s rapid growth to 35 million users in five months demonstrated the viability of games on Telegram and the ease of user onboarding,” Kardan shared during the  Expo in Warsaw.
According to Kardan, numerous Telegram-based games are swiftly amassing large user bases and revenues by utilizing marketing strategies such as sharing and mining within the platform.
The future of Web3 gaming on Telegram looks bright as these innovative games continue to drive cryptocurrency adoption and engagement.

TON gaming lead Inal Kardan sharing insights into Notcoin’s growth on Telegram. Source: NBX

Inal Kardan, TON’s gaming lead, recently unveiled the strategies fueling Notcoin’s rapid rise on Telegram at the Next Block Expo (NBX).
Kardan emphasized that Telegram serves as an accessible and largely “untapped distribution channel,” leveraging existing Web2 technologies combined with web page extensions and blockchain features.
He noted a significant shift from the “play-to-earn” models popularized by Web3 games like Axie Infinity. Instead, games like Notcoin are embracing newer approaches, including traditional monetization tactics such as advertising. Hyper-Casual Games being Perfect Fit for Telegram and TON
Yat Siu, co-founder of blockchain gaming venture capital firm Animoca Brands, shared with Cointelegraph that the success of Web3 games on Telegram and TON is partly due to the use of viral growth mechanics similar to those that drove growth on Facebook and the Apple App Store.
Siu highlighted that Notcoin’s approach offers superior value for users, aligning growth incentives more effectively than the adversarial nature of #web2 advertising models.
By integrating familiar growth tactics with innovative blockchain technology, Notcoin and other TON-based games are setting new standards for user engagement and #cryptocurrency adoption on #telegram .

(Singapore, May, 22, 2024)
In an exclusive interview with the HyperAGI team, we delve into the innovative project that aims to transform the landscape of AI and cryptocurrency. HyperAGI stands out as the first community-driven decentralized AI project, leveraging the strengths of both artificial intelligence and blockchain technology to create a robust and equitable digital ecosystem.

Project Background and Vision

HyperAGI focuses on developing decentralized AI applications and fostering an autonomous cryptocurrency economy, with the ultimate goal of establishing Unconditional Basic Agent Income (UBAI). This ambitious initiative builds upon Bitcoin's well-known security and decentralization, enhanced by the innovative Proof of Useful Work (PoUW) consensus mechanism. 

HyperAGI allows consumer-grade GPU nodes to join the network without requiring permission, enabling them to mine the native token, $HYPT, by performing PoUW tasks such as AI inference and 3D rendering. This democratizes access to AI and computing resources, ensuring that more individuals can participate in and benefit from the network.

Unique Features and Technological Innovations

The HyperAGI platform distinguishes itself through several key innovations:

1. Decentralized AI Agents: Users can develop Proof of Personhood (PoP) AGI agents driven by large language models (LLMs). These agents can function as chatbots or 3D/XR entities within the metaverse, providing a versatile foundation for various applications. AI developers can quickly deploy LLM AI microservices, facilitating the creation of programmable, autonomous on-chain agents.

2. Autonomous Economy: These programmable agents can issue or own cryptocurrency assets and operate or trade continuously. This contributes to a vibrant, autonomous crypto economy that supports UBAI, providing a sustainable income model for AI agents and their users.

3. Integration with Bitcoin L2: HyperAGI operates on Bitcoin Layer 2 (L2), using its advanced smart contract capabilities to enhance decentralized AI governance and asset issuance. Bitcoin's neutrality and security make it an ideal foundation for AI-driven value exchange, positioning it as the native currency for intelligent agents.

The Future of AI and Blockchain

The HyperAGI team's vision is to break the cycle of exploitation and create a truly decentralized and fair digital society. By leveraging AI and blockchain, they aim to ensure that technology serves everyone equally, promoting AI equity and democracy. Unlike other projects that merely propose UBI, HyperAGI's approach through UBAI is both practical and achievable, providing a clear path to implementation through the intelligent agent economy.

Conclusion

HyperAGI represents a significant step forward in the convergence of AI and blockchain technology. With its innovative use of PoUW, decentralized AI agents, and integration with Bitcoin L2, it is set to revolutionize the way we interact with and benefit from AI. As the project progresses, it promises to bring about a new era of technological empowerment and economic equity.

For more details on the HyperAGI project and its groundbreaking initiatives, please visit their official website and stay tuned for further updates.

#AI #web3 #agent #Bitcoin❗ #UBI $HYPT $BTC