Telegram NFT Activity Surges 400% in Q3 2024 Report

Telegram NFT Adoption Soars: 3M Active Wallets in Q3

NFT transactions on Telegram soared by 400% in Q3 2024, according to a report from Web3 data provider Helika. The “Q3 ‘24 Telegram Games Report” revealed a significant rise in NFT engagement, with unique wallets transferring NFTs daily growing from fewer than 200,000 in July to over one million in September. This surge highlights Telegram's increasing role as a hub for NFT and Web3 gaming.

Telegram Gamers Embrace NFTs

Helika's data showed that Telegram gamers are not just creating wallets but actively purchasing, sending, and using NFTs within the platform’s gaming ecosystem. With over three million active wallets across nine popular games in September, this vibrant user activity suggests that NFTs are becoming an essential part of the Telegram gaming experience. Helika noted, “The dynamic interaction with NFTs showcases a strong adoption among Telegram users.”

Longer Gaming Sessions Fuel Growth

In addition to the rise in NFT transactions, the average gaming session on Telegram nearly tripled, from 2.8 minutes in August to 6.7 minutes in October. Helika attributed this growth to more immersive experiences provided by Telegram’s expanding game offerings, which encourage users to spend more time on the platform. These enhanced experiences are likely contributing to both the increased duration of gaming sessions and greater NFT engagement.

Hamster Kombat to Introduce NFTs in Season 2

One of the most popular games on Telegram, Hamster Kombat, is preparing to integrate NFTs into its ecosystem. With over 300 million users, the Web3 clicker game revealed its plan to launch new NFT-based in-game assets in Season 2, scheduled for November 2024. The game's developers released a trailer on Oct. 17, teasing a new storyline where players become CEOs of their own companies, further enriching the gaming experience and integrating NFTs as essential elements in gameplay.

Conclusion

Telegram’s growing NFT ecosystem and the introduction of NFT integration in popular games like Hamster Kombat highlight the platform’s increasing prominence in the Web3 space, paving the way for future innovations in gaming and digital asset management.

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