18/10/2024 Telegram gaming sees NFT and user engagement boom in Q3 2024: report

Telegram gaming sees NFT and user engagement boom in Q3 2024: report

According to a new report from Helika on Telegram games, engagement with NFTs and longer player sessions increased in Telegramā€™s gaming ecosystem during Q3 2024.

The number of unique wallets transferring NFTs surged from 200,000 to over 1 million during the quarter, per the report, with 600,000 wallets actively involved inNFTtransactions within games.

Players also spend more time playingTelegramgames. The reportshowedthat average session lengths nearly doubled from 2.8 to 6.7 minutes, suggesting that improved game design keeps users engaged.

Regional data indicates a shift in Telegramā€™s gaming audience compared to otherWeb3platforms, with 55.91% of players coming from Europe, in contrast to Asia and Latin America, where Web3 gaming traditionally thrives.

Increased engagement on Telegram games

Per the report, Catizen completed its first airdrops, distributing 34% of its total token allocation, which included 150 million tokens distributed in September 2024 alone. The airdrop increased activity, reflecting its integration into Telegram.

In September, Binancelisted Catizenon the Binance Launchpool, allowing users to farm the gaming botā€™s native token ahead of trading.

Like Catizen,Gameeexperienced a 300% increase in volume and transactions month over month, showing more players and engagement. X Empire attracted nearly 48 million players, with 18 million connecting their wallets to engage with the gameā€™s features.

According to the report, Rocky Rabbit had 30 million players, andBanana reached 10 million users by October. Wonton users surpassed 1 million within its first week.

However, the report also highlighted challenges faced by developers as new games flood the platform. Small development teams struggle with limited marketing budgets and attracting users. Developers are expanding game genres and introducing a wider variety of experiences, such as simulations, RPGs, and puzzles, indicating that Telegramā€™s gaming ecosystem is evolving beyond simple, casual games.

Arts

https://crypto.news/telegram-gaming-sees-nft-and-user-engagement-boom-in-q3-2024-report/

Interesting NFTs
#61489
By OthersideDeployer
3/4 Pure Wild8 2 Jewels Coffee
Heyo! I'm 3/4 Pure Wild8 2 Jewels Coffee. I'm a Dogwalker by day, and I like mocking dogs by night. Sometimes I daydream of a life full of fighting the patriarchy, salad, and volunteering at the local kitten rescue shelter. We can be friends, but keep the ultra purrsonal stuff to yourself, please.
The Pixel
The Pixel is a single pixel statement. It is created to validate. The Pixel is a digitally native artwork visually represented by a single pixel (1x1). It is a token that signs the most basic unit of a digital image in a traditional global auction house. It is a tiny mark to carry digitally native art to a potential future history.
Michael Jordan - Crown Collection
ā€œAll you needed was one little match to start that whole fire.ā€- Michael Jordan. In regards to both the action on the court and everything that happened off of it, Jordan provided a spark that changed the future in so many different ways throughout his tenure in Chicago, and even decades after the fact. And, in the end, he got everything that he wanted when he began his NBA journey: he turned the team and organization as a whole into a respected program, like the dynasties he looked up to as a child. Having steered the Chicago Bulls to an incredible six championship rings in eight years from 1991-1998, scooping up five MVP awards in the process, Jordan is one of just a handful of superstars who have truly transcended their sports. Jordan and Scottie Pippenā€™s (right) relationship both on and off the pitch was arguably the foundation of the Bullsā€™ incredible success. Scottie Pippen was present with Jordan for all six championships in eight seasons. Dennis Rodman (left) His relentless and smart play perfectly suited what Jordan and Jackson wanted to do to take the Bulls to greater heights. Although his exploits off the court earned him special fame, Rodman was unquestionably one of the greatest basketball players of his generation and one of the finest defensive players in the history of the game.
Ethboy
Young Vitalik takes on the role of Picassoā€™s son Paulo dressed as Harlequin in this artwork but the octahedron Ethereum logo replaces the chequered pattern of the original jester outfit. Leaning against a large chair, the boy genius fiddles with his fingers in a somewhat nervous manner; nevertheless, he stares directly at the viewer with what appears to be a confident, ā€˜Mona Lisa-likeā€™ smile. Vitalik has no idea what the future has in store for him, but heā€™s prepared to face any obstacle ahead as he begins life's adventure.