CandleFocus

Why Telegram’s Tap-to-Earn Games Are the Future of Web3, According to Investors

Venture capitalists are investing heavily in tap-to-earn games on Telegram's Open Network (TON) blockchain. The games, such as Notcoin, Hamster Kombat, and Catizen, are attracting attention due to their engaged user base and seamless integration of crypto transactions. Investors see Telegram as a prime platform for tap-to-earn games due to its vast user base, low transaction fees, and scalability. They view the success of games like Hamster Kombat and Catizen as a proof of concept for the tap-to-earn model and believe there is significant potential for growth and expansion. While there are concerns about user retention beyond initial rewards, investors believe developers will find ways to extend user lifecycles and build a sustainable gaming ecosystem. Despite recent challenges faced by the TON blockchain, investors remain confident in the potential of tap-to-earn and are committed to its success.

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