- According to Telegram CEO Pavel Durov, in-app purchases have brought in $16 million for Catizen, a tap-to-earn cryptocurrency game based on the TON blockchain.
Pavel Durov, the CEO of Telegram, said on his messaging app that Catizen, a tap-to-earn cryptocurrency game, has “earned” $16 million through in-app purchases.
With over 26 million players, Catizen is a popular minigame on Telegram. According to a Tuesday post by Durov, the game has already made $16 million from in-app sales, with 1% going toward the rescue of stray cats.
According to Durov, Telegram had about 950 million users globally as of Monday.
The publisher of the Telegram game Catizen is Pluto Studio. It is based on The Open Network (TON) blockchain, just as other games of a similar nature that can be accessed via the Telegram app, like Hamster Kombat. The startup has the support of Binance Labs.
According to Durov, the reason Catizen brought blockchain technology to millions of people was because it utilized TON-based smart contracts for in-game prizes. Additionally, their group created resources to help other creators quickly release their games on TON and Telegram.
Ricky Wong, co-founder of Pluto Studio said that this week’s average revenue per user jumped to $30.7 for each paying customer.
Tens of millions of people have been playing straightforward tap-to-earn games like Catizen, Notcoin, Yescoin, and Hamster Kombat in recent months. It is anticipated that Catizen and Hamster Kombat will both soon introduce tokens.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
