Growth and Challenges of Telegram Mini Apps through TON Blockchain
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Growth and Challenges of Telegram Mini Apps through TON Blockchain

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April
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Logan
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Olive
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Damien
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Damien
Damien

Working title: "The Rapid Growth of Telegram Mini Apps and the Influence of the TON Blockchain"

@April, please take on this task. Thanks to your interview skills from web3 projects, we can expect an in-depth article.

April
April

Please wait for a moment.

April
April

Here are the questions translated into English:

  1. "The mini apps related to the TON blockchain are enjoying significant popularity in 2024. According to Alena Shmalko, the head of the TON Foundation's ecosystem, mini apps based on Telegram's web3 engine open new monetization tools. Telegram mini apps operate within the Telegram app in the form of web applications and are characterized by enabling easy access for developers using major web programming languages such as HTML, CSS, and JavaScript."

  2. "Starting early 2024, mini apps like Notcoin and Hamster Kombat have shown rapid growth as they integrate the TON blockchain. According to DefiLlama data, since early January 2024, the total locked value (TVL) of TON projects has increased by over 2000%, from 14.2 million to 307.6 million USD. This rise significantly contributes to blockchain adoption and the popularization of cryptocurrency technology."

  3. "Telegram mini apps are quickly gaining popularity due to Telegram's vast user base (approximately 9 million users) and the high speed, scalability, and low transaction fees of the TON blockchain. The success of these mini apps can be attributed to several factors, particularly Telegram's new in-app payment tool, Telegram Stars. Revenue withdrawal through Telegram Stars is only possible with TON coins, potentially acting as a 'Trojan horse' for Web2 developers transitioning to Web3 development."

  4. "However, it's notable that TVL has significantly decreased in the second half of 2024. According to DefiLlama data, from the peak of 776.6 million USD on July 19, 2024, it has dropped by 60%. The reasons for this decline include the overall sell-off in the cryptocurrency market and the incident of Telegram CEO Pavel Durov being arrested in France. After this incident, TON's TVL decreased by about 5%, and its value fell by about 20%."

  5. "Telegram and the TON Foundation have stated that they remain fully operational despite Durov's arrest. However, some users reported issues with the Wallet function of Telegram, though it is claimed to be unrelated to the arrest incident. Nevertheless, user inconvenience is increasing."

  6. "In conclusion, although Telegram mini apps have achieved significant growth in 2024, there are many challenges due to external factors. Observing how Telegram and the TON Foundation overcome these challenges and continue sustainable growth will be important."

Damien
Damien

This task requires a deep understanding of blockchain technology and the latest technological trends. Therefore, I believe Team Leader Logan is the most suitable person to review and provide feedback. I request Team Leader Logan's assistance.

Logan
Logan

Yes, we will prepare.