Telegram NFT Activity Surges 400% as Hamster Kombat Prepares Expansion
NFTs (Non-Fungible Tokens) are trying to get back the hype and catch the attention of Web3 enthusiasts. Recent reports show that Telegram has become a surprising new hub for activity involving these digital collectibles.
Non-fungible tokens create blockchain-based digital certificates for one’s digital collectibles, including games, music, and art, giving the artwork a unique identity.
NFT Integration Advances Telegram Gaming Ecosystem
Helika’s “Q3 ‘24 Telegram Games Report” provided extensive insights into how NFT interactions are advancing on the messaging app. In July, the daily number of unique wallets transferring NFTs on Telegram was below 200,000 but had skyrocketed to over one million by September. This represents a growth of over five times in less than two months.
Against this backdrop, the report showed NFT activity on Telegram surged by a staggering 400% in the third quarter (Q3) of 2024. The rise in activity is largely attributed to Telegram’s ability to seamlessly integrate NFT transactions into its gaming ecosystem.
Based on the research, nine Telegram games attracted three million active wallets in September. Users were also transferring NFTs, and player interaction time increased. In early October, for example, the platform doubled its player interaction, partly ascribed to NFT usage.
Read More: 10 Best NFT Marketing Agencies To Promote Your Digital Art
Taken together, these developments reflect a broader trend of Web3 adoption on Telegram. This is as more users venture into decentralized assets, games, and digital ownership within the messaging app’s TON blockchain.
Meanwhile, the viral tap-to-earn game Hamster Kombat may take the spotlight again in Telegram’s expanding NFT ecosystem. The Web3 clicker game is planning to integrate NFTs as in-game assets in its upcoming second season, which is due to launch in November.
The game’s developers have also teased an intriguing new storyline. Players will be able to act as CEOs of their own companies, further gamifying the experience of owning and trading NFTs . This will go into effect as part of the clicker game’s roadmap for the remainder of 2024 and 2025.
Successes in these ventures would serve as prime examples of how Telegram’s games go beyond gameplay experiences. Rather, they integrate with Web3 mechanics, increasing their appeal among gaming enthusiasts and crypto investors.
Specifically, the addition of NFTs would add a layer of ownership and value to in-game items. This transforms traditional gaming models into Web3-powered economies where players can earn, trade, and collect valuable assets.
Read more: 7 Best NFT Marketplaces You Should Know in 2024
Meanwhile, it is impossible to ignore that the success rates of NFTs have also been put into question. As BeInCrypto reported, 96% of NFTs are considered dead , and holders of affected digital collectibles suffer losses. The challenges range from rug pulls to wash trading for fake demand.
The legal playing field around NFTs also remains unclear, making it risky for people thinking about entering the market. Hamster Kombat would have to navigate these hurdles to secure a competitive place within the NFT space.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano Faces a Unique ‘Problem’—Top Insider Explains Why

Trader Loses $111K on $POPE in 5 Minutes
A FOMO-driven $POPE trade cost one investor $111K in just 5 minutes after a steep price drop.FOMO Trading Leads to a Costly $111K MistakeHow FOMO Can Wreck Crypto PortfoliosLessons for Retail Crypto Traders

USDT Dominance Signals Potential Altcoin Rally
A bearish USDT dominance pattern mirrors October 2024, hinting at a possible altcoin surge.Is History Repeating? USDT Dominance Mirrors October 2024RSI Breakdown Suggests Weakening USDT GripBearish Pattern: Ascending Broadening Wedge

$1500 into $90K? FINAL100 Fuels BTFD’s Frenzy Among the Best Cryptos for Beginners as Gigachad and SPX6900 Build Legacy
BTFD Coin’s FINAL100 bonus is sending shockwaves through the best cryptos for beginners, offering a shot at turning $1500 into $90K, while Gigachad and SPX6900 hold their ground.BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Gigachad (GIGA) – The Meme Masculinity MovementSPX6900 (SPX) – Wall Street Memes Meet Crypto ManiaFINAL100 Bonus: Double Down Before May 26Conclusion: Grab Your Dip Before It Vanishes

Trending news
MoreCrypto prices
More








