CEO Blum Reveals Telegram Tap-to-Earn Game Users

Bittime – Tap-to-earn games on Telegram have opened the door to much-anticipated mass adoption of cryptocurrencies, said Blum CEO Gleb Kostarev. This messaging application has become an important platform in connecting new users to the world of crypto. 

About half of tap-to-earn players on Telegram are newcomers to the sector, providing a great opportunity to introduce Web3 technology more widely.

Blum and New Users on Telegram

Gleb Kostarev, a former Binance executive, stated that of the 50 million registered users on Blum's Mini Telegram app, half had never interacted with Web3 before. 

"Based on data and surveys, 50% of Blum users have never been involved with Web3 technology," he said. This shows how big Telegram's potential is in introducing crypto to new users.

Tap-to-earn games, such as Tapswap, Catizen, and Hamster Kombat, give users the opportunity to earn tokens just by tapping the phone screen. This game is connected to The Open Network (TON), the blockchain used by Telegram, thereby indirectly introducing crypto to players.

User Education Challenges

Although crypto adoption through tap-to-earn games is increasing, Kostarev emphasized the importance of education for new users. 

"Just bringing a large user base to crypto is not enough," he explained. Users must know how to use crypto safely and avoid fraud that often occurs in this digital world.

According to Kostarev, education is the key to integrating Blum users into the overall crypto ecosystem. This includes an understanding of how crypto transactions work as well as the potential benefits and risks. 

Blum has been one of the pioneers in bringing this new mass into the crypto world, but there is still a lot to do in terms of education.

The Future of Tap-to-Earn on Telegram

Tap-to-earn games on Telegram are expected to continue to grow as the popularity of crypto and blockchain increases. Telegram, according to Kostarev, also has a great opportunity to support decentralized finance (DeFi) applications, which are currently hampered by strict policies from Apple and Google regarding mobile applications.

With more and more users switching to mobile platforms, Telegram can become a bridge to open wider access to DeFi for the global community. 

As a platform that is not limited by strict regulations like the App Store or Play Store, Telegram provides more freedom for developers to create applications that are innovative and easily accessible to users.

As we face the future, Blum and Telegram will continue to be pioneers in introducing crypto to more people through tap-to-earn, while educating them about the enormous potential of this technology.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.