The Evolution and Sustainability of Telegram-Based Blockchain Games
In recent years, the gaming industry has seen a significant transformation with the integration of blockchain technology. One platform that stands out in this evolution is Catizen, a sustainable gaming platform on Telegram. Catizen offers blockchain-integrated games that not only entertain but also provide meaningful rewards and gameplay mechanics. Unlike traditional clicker games, which often have short lifespans and poor monetization strategies, Catizen aims to address these issues by introducing regular content updates and long-term progression systems. This approach not only improves user engagement but also enhances retention, ensuring that players remain invested in the game over time.
The Open Network (TON) ecosystem, which boasts over 900 million monthly active users (MAUs), has experienced substantial growth due to the rising interest in blockchain applications. The popularity of clicker games on Telegram has significantly contributed to this growth. However, the challenge with clicker games lies in their fleeting nature and ineffective monetization strategies. Catizen seeks to overcome these challenges by offering a more sustainable gaming model. By focusing on long-term engagement and meaningful rewards, Catizen has already surpassed one million paying users and generated over $25 million in revenue, showcasing its potential for sustainability and growth.
Catizen’s appeal extends to both casual web2 players and web3-savvy gamers. The launch of the game Bombie in August highlighted Catizen’s vision for a sustainable gaming ecosystem on Telegram. Bombie quickly attracted over 1.3 million users, demonstrating the platform’s ability to captivate a large audience. Additionally, Catizen is set to launch its native CATI token on popular crypto exchanges such as Binance, Bybit, and OKX. This token can be used for in-game purchases and other token-based activities, further enhancing the gaming experience and providing players with tangible rewards for their efforts.
One of Catizen’s ambitious goals is to become a mini app center within the Telegram ecosystem. Through the introduction of mini apps, launchpool platforms, and short videos, Catizen aims to create a comprehensive ecosystem powered by the CATI token. This token incentivizes users to engage with the platform, driving user engagement and fostering a sense of community among players. The stake-to-earn functionality allows users to stake their CATI tokens and earn additional tokens from centralized exchanges. This feature has attracted over one million participants and boasts a prize pool of $1 million USD, further solidifying Catizen’s position as a leader in the blockchain gaming space.
As Catizen prepares for the official launch of the CATI token in Q4, its games and trading bot continue to attract a growing number of users. The platform’s focus on gamification strategies and continuous updates ensures that players remain engaged and invested in the ecosystem. By creating new trends on Telegram and offering innovative gameplay mechanics, Catizen aims to redefine the gaming experience and set new standards for sustainability in the industry. However, it is important for readers to conduct their own research before making any decisions related to Catizen, as the content is sponsored and not intended as investment advice.
The rise of play-to-earn (P2E) games has been another significant trend in the gaming industry. These games use blockchain technology and decentralized finance (DeFi) protocols to reward players with digital assets. Since 2017, P2E games have seen rapid growth, with more games being released each year and attracting a large number of players. Interest in blockchain games is particularly high in regions like Asia and North America. Major AAA-level crypto games are planned for release in 2024, addressing criticisms related to poor graphics and gameplay in existing P2E games. This exciting phase of P2E games raises the question of whether they are merely a hype or here to stay.
P2E, also known as GameFi, represents a gaming model that leverages blockchain and DeFi to reward players with digital assets. Utility tokens provide in-game benefits and can be traded outside of the game, while non-fungible tokens (NFTs) represent in-game assets that players fully own. The blockchain ledger records, validates, and decentralizes the ownership and value of these assets, giving players unprecedented control and ownership. Although the market for P2E games is still relatively small, it is growing steadily. In 2023, the blockchain gaming market was valued at over $3 billion and is projected to reach $90 billion by 2030, indicating significant growth potential.
Despite the promising outlook, the player base for P2E games has seen a decline, with a 58% drop in active participating addresses since 2021. The most popular genres in P2E games include farming, card games, and move-to-earn (M2E) games, while role-playing games (RPGs) and shooter games have not gained as much traction. This trend highlights the need for innovation and diversification within the P2E gaming space to attract and retain a broader audience. As the industry continues to evolve, it will be crucial to address these challenges and create engaging, high-quality games that appeal to a wide range of players.
A report commissioned by Elympics, a web3 gaming protocol, reveals the impact of Telegram and blockchain technology on the gaming world. Based on feedback from 1,000 global gamers, the report shows how platforms like Telegram are driving the adoption of web3 gaming. Over half of the survey respondents identified Telegram as their preferred platform for mobile gaming, highlighting its growing influence in the gaming space. The report also indicates a high level of interest in gaming, with most respondents playing games daily or a few days a week. This data underscores the potential for mass adoption of web3 gaming, driven by the entry of social platforms like Telegram and the popularity of skill-based games with monetary rewards.
According to Tom Kopera, COO of Elympics, gamers enjoy competitive games that offer real rewards. Traditionally, games have been centralized, with companies controlling development, design, and rules. In contrast, blockchain games offer a more decentralized structure, giving players greater control and ownership of in-game assets and NFTs. These assets are stored on the blockchain and can be traded outside of the game, allowing players to monetize their skills and gameplay. The report predicts that blockchain gaming is on the verge of mass adoption, with growing interest from gamers in participating in this new gaming model. However, there is still skepticism towards web3 gaming due to past flaws and issues, such as uncertainty about how to get started.
The gaming industry has learned from past mistakes and is now focused on creating better games with fair and solid economic models. Elympics believes that the addition of real-world stakes in gaming could be the next big trend in the industry. Platforms like Telegram and TON have embraced blockchain to drive user engagement and revenue without compromising trust. TON has become a popular hub for hyper-casual games, attracting millions of users. Telegram’s simplified crypto wallet and seamless integration for non-US users have helped onboard millions of real users to blockchain games. These developments are bridging the gap between web2 and web3, creating an ecosystem where players may not even realize they are engaging with blockchain technology.
The global decentralized identity market is also expected to experience long-term growth, with key players like Microsoft and Affin leading the way. Market trends, growth drivers, and challenges are analyzed in various studies, providing valuable resources for managers, analysts, and industry experts. Similarly, the eye health supplements market and the barite market are experiencing significant growth, with key players driving innovation and expansion. In the gaming industry, new board games and video game machines continue to captivate enthusiasts. For instance, APA Game has released new fishing game machines that have created a new category of arcade fishing games. The Video Game Music market and Game Engines Market are also seeing growth, with key players and trends shaping the future of these markets.
A recent survey by Elympics focused on web3 gaming and its factors of adoption. Conducted from September 7-10, the survey included nearly 1,000 gamers globally. The findings reveal that social platforms like Telegram and competitive gaming models are playing a key role in the growth of web3 gaming. Financial incentives and easy access are making web3 gaming increasingly appealing. A significant portion of respondents engage with games daily, with more than half playing on social platforms. Mobile apps are also popular among gamers, emphasizing the importance of accessibility and seamless onboarding. The opportunity to earn money through gaming motivates many players, while the competitive nature of web3 games is a major draw for others.
Despite the growing appeal of web3 gaming, there are obstacles to further adoption. Some respondents cited the complexity of using cryptocurrency, particularly wallets, as a barrier. Others expressed dissatisfaction with the quality of available web3 games, indicating room for improvement. Overall, the survey highlights the potential of web3 gaming while also pointing out the challenges that need to be addressed for broader adoption. As the industry continues to evolve, platforms like Telegram and TON are well-positioned to drive innovation and engagement, creating a more inclusive and rewarding gaming experience for players worldwide.