Rapid Growth of NFT Activity on Telegram: What's Happening?

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by Giorgi Kostiuk

2 years ago

NFT activity on Telegram is witnessing impressive growth, according to Helika. NFT transfers have surged by 400% in the third quarter of 2024.

NFT Dynamics on Telegram

Helika's Q3 2024 report highlights a significant rise in the NFT space on Telegram. The daily number of unique wallets involved in NFT transfers increased from less than 200,000 in July to beyond one million by September.

Gamers' Role and Engagement

Telegram's gaming community is playing an active role in NFT developments. In September, the number of active wallets across nine different Telegram games reached three million. The time users spend gaming has increased from 2.8 minutes in August to 6.7 minutes by early October.

Future of NFTs in Telegram Games

Hamster Kombat stands out among Telegram games, with over 300 million users. It plans to integrate NFTs as in-game assets by November, during its Season 2. This is expected to strengthen the game's position within the Web3 community.

The teaser for the new season suggests players may act as CEOs, promising to enrich the gaming experience.

Telegram is becoming a significant platform for NFT developments, offering users opportunities for both gaming and participating in the digital economy.

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