Telegram Mini App’s Big Move: Millions Switch to Solana
What’s Happening?
A popular mini-app on Telegram, called PAWS, is moving millions of its users to the Solana blockchain. This is because Telegram wants all mini-apps to use its own blockchain, called TON. PAWS didn’t want to be limited to just one blockchain, so it chose to move to Solana instead.
Why is this a Big Deal?
This move is a big deal for a few reasons:
- More Users for Solana: After PAWS moved, over 9 million new crypto wallets were downloaded, and more than 1 million new Solana addresses were created![1]
- NFT Boom: PAWS’ NFT vouchers became very popular on a Solana-based marketplace called Magic Eden, with over 100,000 transactions in just two weeks![1]
- Centralization vs Decentralization: This move shows the debate between having all apps on one blockchain (centralization) and letting apps choose their own (decentralization).
PAWS’ Plan for the Future
PAWS wants to become a big Web3 brand. To do this, it plans to:
- Create multiple ways to make money
- Partner with games and other projects
- Keep users engaged and happy
By doing this, PAWS hopes to show other Web3 projects how to move from closed platforms to decentralized networks.
Challenges and Opportunities
While moving to Solana has its benefits, there are also challenges. For example, relying on one blockchain can be risky if that blockchain has problems. But PAWS is planning to expand to other blockchains too, so it can be more flexible.[1]
What Does This Mean for Blockchain Apps?
PAWS’ move to Solana shows that projects can thrive on different blockchains by offering fun and engaging experiences. This could lead to more projects moving from closed platforms to decentralized networks in the future.
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Sources:
– Cointelegraph
– Buttondown
– CryptoRobotics
– Blockchain Game Alliance