Telegram Game Ecosystem To Attract 100-200 Million Web3 Users, Predicts Animoca Co-Founder

Telegram Game Ecosystem To Attract 100-200 Million Web3 Users, Predicts Animoca Co-Founder

Yat Siu, co-founder of Animoca Brands, believes that the Telegram game ecosystem has the potential to attract a significant number of Web3 users. In an interview with NonCryptopedia, Siu stated that he expects "the next 100-200 million Web3 users will come from Telegram and the Telegram game ecosystem." Siu emphasized that Telegram already has a substantial user base, which gives games launched on the platform a significant advantage. He also highlighted the popularity of "tap-to-earn" games on Telegram, which he believes is just the beginning of a much larger game ecosystem. "Tap-to-earn games are just the tip of the iceberg," Siu said. "In the future, we'll see a much wider range of games on Telegram, including more complex and immersive experiences." Junbo Yang, an investment manager at HashKey Capital, agrees with Siu's assessment. Yang believes that Telegram's "tap-to-earn" games are setting a good precedent by generating real revenue and driving long-term user engagement. "The ability to go from gameplay to cryptocurrency transactions without leaving the app is a huge competitive advantage," Yang said. "I believe that we'll see more and more games adopting this model in the future." In the interview with NonCryptopedia, Siu also covers a wide range of the future of the Web3 industry, including the role of NFTs, the Metaverse, and the potential for mass adoption.