Elon Musk wants X to be a WeChat for the West. Telegram might be better positioned for success. Letโs explore whatโs happening with Telegram today and how we can accelerate its mass adoption by learning from WeChatโs strategy.
1/ Seamless Web3 Integration
TONโs deep integration with Telegram makes Web3 remarkably accessible. Features like Telegram Wallet and TON Space deliver crypto simplicity akin to WeChat Pay.
2/ Dependency on Telegram
Tools like Catizen show promise with a 10% user conversion rate. Yet, TONโs reliance on Telegram is both a strength and a vulnerability. TVL declines during Telegram outages highlight systemic risks.
3/ DeFi Ecosystem Needs Growth
With key players dominating 80% of TVL, TONโs DeFi landscape lacks diversity. A strong DeFi foundation is essential for scaling. Thatโs where LayerPixel and PixelSwap are stepping in to innovate.
4/ Monetization Challenges
While Telegram Ads are excellent for user acquisition, TON struggles with sustainable revenue models. The ecosystem needs Web3-native solutions that go beyond ad-based monetization.
5/ Lessons from WeChat
Social platforms can drive adoption, but long-term success requires a balance of decentralization, commercial viability, and risk management.
Although TON is currently facing these difficulties, we never stop building, and we firmly believe that TON will reshape the future of Web3. Donโt look back, keep moving forward. LFG, TON.
Official Links
LayerPixel: Homepage | Twitter | Channel | Community | Medium | Bot |
PixelSwap: Homepage | Twitter | Channel | SWAP | Pool
PixelDAO: Twitter | Forum | Chat Group