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

October 17, 2024Updated:October 18, 2024No Comments2 Mins Read
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Telegram gaming sees NFT and user engagement boom in Q3 2024: report
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In accordance with a brand new report from Helika on Telegram video games, engagement with NFTs and longer participant classes elevated in Telegram’s gaming ecosystem throughout Q3 2024.

The variety of distinctive wallets transferring NFTs surged from 200,000 to over 1 million throughout the quarter, per the report, with 600,000 wallets actively concerned in NFT transactions inside video games.

Gamers additionally spend extra time enjoying Telegram video games. The report confirmed that common session lengths practically doubled from 2.8 to six.7 minutes, suggesting that improved recreation design retains customers engaged.

Regional knowledge signifies a shift in Telegram’s gaming viewers in comparison with different Web3 platforms, with 55.91% of gamers coming from Europe, in distinction to Asia and Latin America, the place Web3 gaming historically thrives.

Elevated engagement on Telegram video games 

Per the report, Catizen accomplished its first airdrops, distributing 34% of its whole token allocation, which included 150 million tokens distributed in September 2024 alone. The airdrop elevated exercise, reflecting its integration into Telegram.

In September, Binance listed Catizen on the Binance Launchpool, permitting customers to farm the gaming bot’s native token forward of buying and selling.

Like Catizen, Gamee skilled a 300% enhance in quantity and transactions month over month, exhibiting extra gamers and engagement. X Empire attracted practically 48 million gamers, with 18 million connecting their wallets to have interaction with the sport’s options. 

In accordance with the report, Rocky Rabbit had 30 million gamers, and Banana reached 10 million customers by October. Wonton customers surpassed 1 million inside its first week. 

Nevertheless, the report additionally highlighted challenges confronted by builders as new video games flood the platform. Small growth groups battle with restricted advertising and marketing budgets and attracting customers. Builders are increasing recreation genres and introducing a greater variety of experiences, akin to simulations, RPGs, and puzzles, indicating that Telegram’s gaming ecosystem is evolving past easy, informal video games.

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