Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MCcabe Rory on May 11, 2024, 05:46:26 PM
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
It is progress in terms of technology, and it will make sending cryptocurrency between close family and friends as well as business associates a lot easier and faster.
But we still have to exercise caution because, just like exchanges, it is still not advisable for you to store your Bitcoin or whatever crypto assets you have on these messaging apps with crypto wallets permanently.
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I'm not a fan of people trying to force two different products into one, especially if the nature of those products is different. The security required for messaging apps and crypto wallets is night and day, it is never a good thing to use your messaging apps as a crypto wallet. I know two projects that claim that their messaging apps are the best for crypto users, but they don't offer anything new. Basically, all of them are just vaporware, so I don't think they are worth your time at all. I mean, spending a few minutes on another app to make a transaction is not a big deal at all.
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Well for me that would be a very huge leap from the traditional messaging apps we are currently using into something like the new innovation in technological advancement in messaging because of the fact that we can store and trade within the app itself without any hassle so for me that is considered a plus feature just like Telegram which value security and fast messaging.
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if you are just going to ride the pumps of their token, i guess its an easy money when the tokens reaches new heights. its very attractive especially the TONcoin where millions of people are using this app. which also mean more people are aware of the investment they offer. what is the disadvantage of telegram is that their builtin wallet is its built-in. you don't own a private key.
not so many of them that i know actually but there are projects that has this package that includes a chat on their app.
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
I have not used any other messaging app other than telegram yet or if I did then I am unaware of it, is Phaver comes under this category but I have not used it for too long but for some time only. I actively use the Beoble platform which is also a messaging application (web base). And we can't send cryptocurrency of every type to each other on that.
It's just a defi messaging app that provides us complete privacy as we can make an account on it via metamask wallet. Without giving any other type of information. Setting the account is easy, although many people are spamming the boards and groups in order to get the airdrop but after that I hope the spam would be lower. TG is a good app and have a lot of application. I just don't like it because we have to use it via proxy.
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if you are just going to ride the pumps of their token, i guess its an easy money when the tokens reaches new heights. its very attractive especially the TONcoin where millions of people are using this app. which also mean more people are aware of the investment they offer. what is the disadvantage of telegram is that their builtin wallet is its built-in. you don't own a private key.
not so many of them that i know actually but there are projects that has this package that includes a chat on their app.
It is not easy to make token prices high, there must be a product that can make investors interested in investing in the tokens that we have, TONcoin is a token that is still new but already has a fairly expensive price. I don't dare to store assets in Telegram because there it is very vulnerable to theft and even your account can be blocked unilaterally by Telegram. I don't dare take such a risk.
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if you are just going to ride the pumps of their token, i guess its an easy money when the tokens reaches new heights. its very attractive especially the TONcoin where millions of people are using this app. which also mean more people are aware of the investment they offer. what is the disadvantage of telegram is that their builtin wallet is its built-in. you don't own a private key.
not so many of them that i know actually but there are projects that has this package that includes a chat on their app.
Probably killing two stones with one bird ahha. Can you name some few you've come across?
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
- I see a lot of crypto messaging apps today, but in my assessment, they will have a hard time keeping up with the competition these days, just like Messenger apps, Viber, WhatApps, Discord, and Telegram, which are serious opponents. And it can be said that Reddit has millions of communities, including yours.
But anyway, let's see what the response of the majority of millions of people around the world will be. But I can assure you that it's still a bit difficult right now; in fact, that's the reality I'm seeing right now.
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I'm still doubtful about this kind of application, I'm not the type of person who tries new things in this case,
For Telegram, I try not to use the wallet, it's better to use a wallet other than the one given because it's too risky if you lose your cellphone or your cellphone is reinstalled, even worst, our Telegram account is deleted by Telegram.
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Not familiar of this kind of thing TBH. I did a quick search on what are these, and I believe that it will be one of the things that I will not touch at all... at least for now. :D
Anyway, who knows. They might become more popular in the future for whatever reason it is. One thing's for sure. Your assets will not be safe if you will put it there. Telegram launched their own wallet which for me, is a no-no.
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I am only aware of one such app - Mixin Safe.
A long time ago, they advertised a promotion and review campaign on Bitcointalk, which went pretty well, but then when everyone forgot about it, their whole platform suddenly got hacked and they lost a large part of their balance. Almost their entire balance if I recall correctly, and it brought all operations to a screeching halt. The CEO was even trying to negotiate with the hackers, it was crazy.
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Due to the type of work I used to do, I required various messaging apps and I have to admit that it is quite tiring. Almost every group of users is used to a different app, for me it was torture between all of them. Damn notifications.
If something could unite several platforms, it would make sense for me and such a thing would make my life easier.
I am only aware of one such app - Mixin Safe.
I remember that very bad story, although they just started to appear on the Btt forum. It seems to me that the moment they drew attention to themselves, hackers found a loophole and cleaned out their wallets. Which were safe until then, as the name suggests.
Didn't Gbyte, later rebranded to Obyte, have similar functions even sending their coins via messages or email?
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if you are just going to ride the pumps of their token, i guess its an easy money when the tokens reaches new heights. its very attractive especially the TONcoin where millions of people are using this app. which also mean more people are aware of the investment they offer. what is the disadvantage of telegram is that their builtin wallet is its built-in. you don't own a private key.
not so many of them that i know actually but there are projects that has this package that includes a chat on their app.
Probably killing two stones with one bird ahha. Can you name some few you've come across?
others are not attractive like the Crypton (CRP). i found out about the project since its advertised also in the other forum. i happen to joined the review and saw they have a chat for users engaging in p2p market. there are few hundreds that are active but not really same size of telegram.
another is the CVC, i'm not very familiar anymore of it. i'm not sure if you'd be interested, i don't think you would invest to it too.
just like the Crypton, you need to have their app which the chat community is just too small i don't think you can find someone in there to talk dirty with unlike the Telegram.
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Defi and cryptocurrencies generally aim to be your bank and take over your financial affairs and what these services are trying to provide is the exact opposite, we already have central and decentralized solutions for chat, and messages can be encrypted sent using central services so the use of blockchain here will make everything slower.
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It is quite interesting, and I use telegram with a crypto wallet that I have activated.
But the crypto wallet generated on telegram cannot be exported to another crypto wallet and you will also not get a seed phrase.
That means we as wallet owners do not have full access to the wallet and only Telegram knows.
I don't really use it for my main assets, just use it to explore TONS of space and the ecosystem within it with the minimum funds I send to my telegram wallet
(https://www.talkimg.com/images/2024/05/13/1QQmd.png)
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It is difficult to penetrate a market that has been captured by other chat applications, even though the software offered by cryptocurrency-based projects has more features and additional features such as no data being taken. In fact, many people are comfortable with WhatsApp, Line and Telegram, their friends are too... so to be able to chat with their friends, instead of having to install crypto-based applications with features that are too unnecessary for chatting, it's better to rely on existing applications. .
I know that everyone has different abilities in analyzing opportunities, but the opportunity to get rid of a chat application company is very difficult and even requires a very long promotion and a high budget to displace its throne.
That's why I'm a little pessimistic about chat-based cryptocurrency projects.
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Those apps are in bad position. It's not popular enough to make regular people use it. It makes cryptocurrency enthusiast continue to use certain wallet software and use popular messaging app to let the receiver know they've sent the coin. I don't use Apple product, but it seems iMessage is one of very few application which successfully combine messanging and money transfer feature.
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For me, I do not prefer using messaging applications to send and receive crypto assets because they are somewhat dangerous, but at the same time I am not against this type of technology, especially if it meets all security standards in the future.
Whether we like it or not, messaging applications have come to dominate our lives, and integrating Crypto with these applications will have a positive impact in terms of expanding and spreading adoption, while on the negative side, fraudulent operations will increase greatly.
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Why don't you post some example of this crypto messaging apps?
I didn't see anything that is actually working so far, and it would probably be very slow or more centralized to use.
Only good reason for using them would be if they can't be shut down and closed by any governments, and if they preserve user privacy.
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It is quite interesting, and I use telegram with a crypto wallet that I have activated.
But the crypto wallet generated on telegram cannot be exported to another crypto wallet and you will also not get a seed phrase.
That means we as wallet owners do not have full access to the wallet and only Telegram knows.
I don't really use it for my main assets, just use it to explore TONS of space and the ecosystem within it with the minimum funds I send to my telegram wallet
This seems to be an even worse option than a regular hot wallet where you can at least make your backup and recover the wallet if something goes wrong. Therefore, I don't see any great danger in someone connecting a chat app with a coin wallet if from time to time they will transfer some smaller value there - but I'm afraid that a lot of users don't understand the concept of custodial vs. non-custodial wallets, and that by using such apps they can live in the delusion that their funds are safe.
My opinion is that such things should not be mixed, but it is up to everyone to choose what to use and in what way.
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SocialFi can be the future, but nowadays there are not so many interested users in it!
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but I'm afraid that a lot of users don't understand the concept of custodial vs. non-custodial wallets, and that by using such apps they can live in the delusion that their funds are safe.
My opinion is that such things should not be mixed, but it is up to everyone to choose what to use and in what way.
Beginners probably won't understand the concept, they just use it and transfer their assets to it and think it's a secure wallet because it's in their own account.
Even though looking at the reality that is happening today, many account hacks are happening and of course wallets that have been integrated with the account will also be accessible.
How dangerous this would be if without having good security and not realizing that what they deposited would be vulnerable to being hacked by others and losing it all.
Everyone does have a free choice to use any application or wallet that is integrated with chat applications etc.
But people who really care about the security of their assets will certainly think where is the best place to store assets and have complete control.
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if you are just going to ride the pumps of their token, i guess its an easy money when the tokens reaches new heights. its very attractive especially the TONcoin where millions of people are using this app. which also mean more people are aware of the investment they offer. what is the disadvantage of telegram is that their builtin wallet is its built-in. you don't own a private key.
What is the essence if one doesn't own their private keys then? Or the scenario of someone losing their gadgets or someone hacked or stole one gadget that got the person's crypto wallet. What will be the solution to provide?
These will be the questions the sponsors and teams of the crypto messaging app have to address for crypto fellas who want to make use of the crypto messaging app to store their crypto assets. Things they should know and not do to keep their assets safe
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Did telegram really changed anything in the cryptocurrency space?
Of course Yes, telegram was solely built as a communication app used for messaging and connecting people around the globe through specify username or channels and cryptocurrency group where people share thoughts and ideas in a single community. With time they has to integrate and adopts cryptocurrency where they had to build their coin and adding wallet to their app.
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
When you say they try to combine the best of messaging apps like telegram... I am moved to ask you what you think telegram is? Isn't telegram also a crypto messaging app? Oh, I get it, Telegram used to be a normal messaging app, but things began to change with them recently.
Telegram owns Ton blockchain and soon enough, the entire Ton ecosystem will be integrated on telegram, there is already an inbuilt crypto wallet on the telegram app.
So, now tell me, what other crypto messaging app are you talking about? Will that one be bigger than telegram with over 900 million users?
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
It is progress in terms of technology, and it will make sending cryptocurrency between close family and friends as well as business associates a lot easier and faster.
But we still have to exercise caution because, just like exchanges, it is still not advisable for you to store your Bitcoin or whatever crypto assets you have on these messaging apps with crypto wallets permanently.
in short this is one risky move to use for crypto users because both are vulnerable to bad elements that can easily take involved funds from the users .
so indeed that this will take time before being trusted not unless they can prove its safeties in which will be harder for people like us to trust because we have witnessed how good hackers and scammers can be in terms of looking into our funds.
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Why don't you post some example of this crypto messaging apps?
I didn't see anything that is actually working so far, and it would probably be very slow or more centralized to use.
Only good reason for using them would be if they can't be shut down and closed by any governments, and if they preserve user privacy.
I think OP is talking about social messaging apps like ime lab. It used telegram api but with wallet and probably DeFi integrations.. https://www.bitget.com/academy/what-is-ime-lab-lime-and-how-does-it-work
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Hey mates, good day..
Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.
What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
When you say they try to combine the best of messaging apps like telegram... I am moved to ask you what you think telegram is? Isn't telegram also a crypto messaging app? Oh, I get it, Telegram used to be a normal messaging app, but things began to change with them recently.
Telegram owns Ton blockchain and soon enough, the entire Ton ecosystem will be integrated on telegram, there is already an inbuilt crypto wallet on the telegram app.
So, now tell me, what other crypto messaging app are you talking about? Will that one be bigger than telegram with over 900 million users?
Telegram was a normal app before transitioning into a web3 crypto app. I'm talking about crypto messaging apps that are on telegram.
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I'll probably find it confusing to use such applications. I would rather separate crypto mobile wallets and messaging apps than risk making a mistake. I also do not see the need because I'm already fine connecting wallets to other Dapps. Anyway, some people that prefer an all-in-one apps might like this.
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What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..
Why don't you post some example of this crypto messaging apps?
I didn't see anything that is actually working so far, and it would probably be very slow or more centralized to use.
Only good reason for using them would be if they can't be shut down and closed by any governments, and if they preserve user privacy.
I think OP is talking about social messaging apps like ime lab. It used telegram api but with wallet and probably DeFi integrations.. https://www.bitget.com/academy/what-is-ime-lab-lime-and-how-does-it-work
I feel after RWA, These are the next to gain recognition. I've collected all suggestions and I'll do research on them and probably revert. Is this the projects token?
(https://i.ibb.co/rGB1x4N/1715715210434.png) (https://ibb.co/8DySr6t)
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I think OP is talking about social messaging apps like ime lab. It used telegram api but with wallet and probably DeFi integrations.. https://www.bitget.com/academy/what-is-ime-lab-lime-and-how-does-it-work
I never heard about this Lime before, I don't like that it uses telegram api and it doesn't look very good to me at all, especially knowing they have some worthless token attached to it.
For anyone who seriously wants secure and private messenger app I would recommend checking out SimpleX chat, it works both on desktop computers and mobile devices.
This is much better than Telegram and everything else with telegram api.