Blockchain
Accelerated By Binance Labs Telegram Game Publisher Hits 1 Million MAUs with Its First Hit
TonTon Games, a Telegram gaming publisher launched in 2024, announces that its first GameFi project, DRFT Party, has reached 1.1 million monthly active users (MAU) in just one month, with 15% of them being paying users. This success showcases the game’s promise within the TON ecosystem, demonstrating the long-term potential of GameFi projects in Web3.
TonTon Games receives over 25 requests each week from international developers seeking assistance with publishing and promoting games on Telegram, with the majority coming from Europe, the UK, and CIS countries. Before being published, each game must satisfy key criteria: it should feature planned on-chain activity, exhibit visual and gameplay coherence, and have built-in in-game monetization. Today, the company has vetted 10 more games from international developers, all set for release by the end of 2024.
TonTon Games aims to become the leading game publisher on Telegram, with the ambitious goal of having up to 5 of the top 10 apps within a year be titles they have published. With 950 million monthly users, and approximately 20% of them engaged with games, Telegram, the fourth-largest messaging app globally, and the development of TON (The Open Network) have made Web3 games accessible to a mass audience.
DRFT Party is the first Web3 game published by TonTon Games, developed on the TON blockchain. In the game, players merge cars, collect NFTs, and race against others. Since its release on August 5, the game has attracted over 1 million users, thanks to its easy-to-play and highly engaging mechanics. DRFT Party already generates five-figure monthly revenue through in-app purchases.
Anton Trofimov, CTO of Fibrum, the developer behind the DRFT game, said: “TonTon played a key role in shaping the game to make it appealing to Web3 gamers, incorporating Web3 mechanics, promoting the product, and building a buzzing in-game community. As a result of their efforts, DRFT is already among the Top 10 Grossing Apps on Telegram, and there’s more to come.”
TonTon Games leverages its expertise in technology, gaming, and blockchain to publish successful games within the Telegram mini apps ecosystem. The company offers services that include attracting up to 1 million initial users for early in-game tests. If the project shows strong growth potential during these tests, TonTon Games uses both its own and partner applications to promote the game to a wider audience of over 50 million users. Additionally, TonTon Games provides expert guidance on game mechanics, on-chain activities with the TON blockchain, and support for building strong communities.
Daniil Shcherbakov, CEO & co-founder of TonTon Games, says: “While the majority of users in the current TON gaming market are Web3 enthusiasts, the market is evolving. As it matures, we expect an influx of casual players and Web2 developers. We are anticipating this moment, and when it arrives, we aim to be the leading publisher, making Web3 projects more engaging and attractive to a mass audience. We’re thrilled with DRFT’s success, and this is just the beginning of our journey.”
In August 2024, TonTon Games was accepted into an incubation program by Binance Labs, the venture capital and incubation arm of Binance, the global leader in blockchain ecosystem and cryptocurrency infrastructure. The program is designed to provide early-stage projects building innovative Web3 solutions with a tailored curriculum to ensure their successful development and growth. This acceleration will further deepen the TonTon Games team’s expertise in crypto and Web3, benefiting the games the company publishes.
The post Accelerated By Binance Labs Telegram Game Publisher Hits 1 Million MAUs with Its First Hit appeared first on HIPTHER Alerts.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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