PAWS, born as an experiment merging social media interactions with decentralized blockchain technology, offers insights into its development and recent token listing rumors.
The PAWS Journey: From Telegram App to Solana Blockchain
PAWS started as a mini-app integrated within Telegram, allowing users to earn rewards for simple social tasks. By December 2024, it had over 85 million users. However, late 2024 saw policy changes from Telegram that threatened the app's operations. Instead of switching to Telegram's new rules, PAWS migrated to the Solana blockchain, enhancing scalability and resulting in 9 million Phantom Wallet downloads in just 48 hours.
What Makes PAWS Tick: Rewards and Ecosystem
The PAWS rewards system is gamified, allowing users to earn 10% of their referrals' rewards. Eligibility for airdrops is based on factors like the age of Telegram accounts and previous activities. Over 62.5% of the total token supply is allocated for user rewards.
The Token: Does PAWS Have Potential?
The PAWS token ($PAWS) has a capped supply of 100 billion tokens, with 62.5% designated for rewards. Initial trading prices were between $0.0006 and $0.0007. Delays in the token listing have raised concerns, yet the community remains optimistic with various price predictions post-listing.
PAWS continues to garner attention as a unique project blending humor, transparency, and community involvement. Despite challenges, the project has the potential to carve its niche in the cryptocurrency market.
