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Cryptocurrency News Articles

Telegram Unveils Mini App Store Plans to Accelerate Blockchain Adoption

Jul 20, 2024 at 12:00 pm

Telegram CEO Pavel Durov has unveiled plans to introduce a mini app store aimed at accelerating blockchain adoption and related activities.

Telegram Unveils Mini App Store Plans to Accelerate Blockchain Adoption

Telegram is set to launch a mini app store in the coming weeks, as part of its broader efforts to accelerate blockchain adoption and related activities on the platform. The move comes amid a surge in interest and uptake within the Telegram mini app (TMA) market, with tap-to-earn games, such as Notcoin and Hamster Kombat, gaining significant traction.

In a recent announcement on his Telegram channel, CEO Pavel Durov highlighted the platform’s substantial growth in blockchain-related endeavors throughout 2024. The mini app store forms a key part of Telegram’s strategy to become a leader in the rapidly expanding blockchain industry.

“2024 will go down in history as the year when hundreds of millions of people became familiar with blockchain. We’re proud that Telegram is at the epicenter of this societal transformation. To keep the fire going, this month, we will introduce a mini app store and an in-app browser with support for Web3-pages,” stated Durov.

The mini app store will reportedly host a range of decentralized applications (dApps), catering to diverse use cases, including crypto wallets, decentralized exchanges (DEXs), and noncustodial token (NFT) marketplaces. Developers will be able to integrate their dApps with the Telegram ecosystem, enabling users to access a variety of blockchain-powered services directly within the platform.

Moreover, The Open Network (TON), a Layer-1 blockchain network with its native token Toncoin, is making significant strides in the crypto industry. This movement further highlights Telegram’s pivotal role in driving blockchain innovation.

In addition to promoting blockchain adoption, Telegram is also taking measures to enhance fraud prevention in the crypto market. The platform will display registration details, such as the month and country, for public accounts, increasing transparency and security.

“We will also step up our efforts to fight the scammers seeking to defraud new entrants into the crypto realm. Soon, Telegram will begin displaying the month of registration and principal country for public accounts (similar to Instagram). We will also allow organizations to use their mini apps to issue labels for channels, creating a decentralized marketplace for third-party verification,” Durov added.

Original source:coinatory

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