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Telegram Tap-to-Earn Game DOGS Hits 53 Million Users, Launches GhostDrive

DATE POSTED:September 10, 2024

Coinspeaker
Telegram Tap-to-Earn Game DOGS Hits 53 Million Users, Launches GhostDrive

DOGS, a newly launched tap-to-earn (T2E) game on Telegram, has reached a significant milestone, with 53 million users interacting with the platform.

According to a recent announcement, the token, distributed to users in August, is already held by 4.5 million wallet addresses on the TON blockchain (The Open Network), just two weeks after its launch. This makes DOGs one of the most widely held tokens on any blockchain, surpassed only by USDT on TRON and Ethereum.

40 Billions DOGS Airdropped in Two Days

On September 4, the team behind the mini-app airdropped around 40 billion DOGS to users over a two-day period. In total, 17 million users have claimed their DOGS tokens. Inspired by Pavel Durov’s iconic dog drawing, the DOGS project hosted the largest meme token generation event (TGE) in crypto history. Its rapid growth has led to impressive user activity, with 1.1 million daily active addresses and single-day transactions peaking at 14.4 million.

Last week, DOGS reached a market cap of $700 million, surpassing other tokens in the T2E gaming sector. The digital asset is available for trading on several major crypto exchanges, including Binance and Bybit.

In celebration of these milestones, DOGS has also launched GhostDrive, a new Web3 storage platform boasting over 740,000 monthly users. GhostDrive allows users to store their data securely and earn rewards by monetizing it through pay-per-view, streaming, or ad networks.

The platform, built as a Telegram Mini App on the TON blockchain, integrates with LEO satellite nodes, giving users full control of their data. It offers a censorship-resistant and decentralized solution for data management, providing more than just simple storage services. DOGs encourages users to take advantage of GhostDrive’s innovative features for secure, private data management.

Telegram-Based Games on the Rise

Meanwhile, DOGS is not the only Telegram-based game gaining traction in the crypto market. This week, Catizen (CATI) celebrated its six-month anniversary, with 34 million players engaging with the platform.

The game has 800,000 paying users, with an average revenue per paying user (ARPPU) of $33. Catizen also revealed that its players account for 22.4% of all Telegram Premium subscribers, meaning roughly 2.24 million of Telegram’s paid users are Catizen players.

Catizen’s token, which is yet to be fully released, is already trading on pre-markets at exchanges such as Bybit, OKX, and Bitget. Once it goes live on September 20, users will be able to trade the virtual assets alongside major cryptocurrencies on spot markets.

Telegram Tap-to-Earn Game DOGS Hits 53 Million Users, Launches GhostDrive