• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How StarsHash is Driving Telegram's Success

user avatar

by Giorgi Kostiuk

a year ago


For the first time, Telegram is set to become a profitable platform, thanks in part to its successful affiliate program and high-quality mini-apps like StarsHash.

What is StarsHash?

StarsHash is a mining-based mini-app within Telegram, allowing users to earn tokens by utilizing their device's computational power. It employs an adapted version of Ethereum’s Ethash algorithm to ensure efficiency and accessibility. With a capped token supply of 10 billion, the platform will distribute tokens via the TON blockchain post-mining.

How Does StarsHash Work?

Users can engage in mining with a single tap on 'Start Mining.' The platform uses device computational power to solve cryptographic puzzles. Main and shared rewards are distributed to participants, while energy used in mining is replenished over time or can be purchased in-app.

Key Metrics and Achievements

Since its launch on December 13, 2023, StarsHash has shown remarkable growth: over 1 million users have engaged with the app, more than 6,000 active miners are involved in the ecosystem, and over 19 million Stars have been spent, indicating user readiness for in-app purchases.

StarsHash exemplifies the potential of Telegram’s affiliate program, combining blockchain innovations with a user-friendly approach, and presenting a model for profitable growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Japan's Major Asset Managers Prepare for Cryptocurrency Investment Trusts

chest

Japan's asset management industry is preparing for the introduction of the country's first cryptocurrency-based investment trusts, with major firms planning these products as regulatory reforms advance.

user avatarLuis Flores

Pharos Foundation Launches to Support RealFi and Open Finance

chest

The Pharos Foundation has been established to oversee the RealFi and open finance ecosystem, aiming to bring institutional-grade assets to a broader audience.

user avatarMiguel Rodriguez

India's VDA Review Focuses on Core Regulatory Challenges

chest

The ongoing review of India's virtual digital asset (VDA) framework focuses on core challenges like investor protection, market integrity, and taxation issues.

user avatarArif Mukhtar

Pumpfun Transfers Over $436 Million to Kraken Following Market Crash

chest

Pumpfun has transferred over $436 million in USDC to Kraken since mid-October, following a significant market crash.

user avatarDavid Robinson

Pumpfun's Monthly Revenue Declines Significantly After Market Crash

chest

Pumpfun's monthly revenue fell to $273 million in November, marking a 53% decline from September's $589 million, raising concerns about the platform's future in the memecoin market.

user avatarMaria Gutierrez

Enlivex Therapeutics Raises $212 Million for Crypto Investment

chest

Enlivex Therapeutics plans to raise $212 million through a private investment to invest in the Rain token, a decentralized prediction market.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.