Bitget Wallet to support Telegram Mini App financially.

[Gposas]

In collaboration with an investment firm; Foresight Ventures, the Bitget wallet powered by the Bitget exchange announces a $20M funding programme aimed at boosting the Telegram Mini App ecosystem...
I guess this would be a boost to TON even after it has faced some challenges at the arrest of Telegram CEO Pavel Durov.
And it would likely affect the price of TON which is still struggling around $5.2 as of today.
On the other I feel it would create a wider space for more T2E airdrops in the innovation and development of The Open Network (TON).
What are your thoughts on this...

https://cryptonews.com/news/bitget-wallet-launches-20m-fund-for-telegram-mini-apps/

[Charles-Tim]

When I tested the wallet few months ago, I noticed it is one of the wallets that was very developed as it supported almost all coins, including the lastest at the time which were BRC20 tokens, and bitcoin lightning network. But the reason I did not like the wallet is because it is close source.

About this Telegram of a thing, I do not like how exchanges and wallets wants to have mini apps on Telegram. I will prefer to use exchanges and wallets directly using their apps than to be using Telegram.

[Asiska02]

And it would likely affect the price of TON which is still struggling around $5.2 as of today.
On the other I feel it would create a wider space for more T2E airdrops in the innovation and development of The Open Network (TON).
What are your thoughts on this...

I see the TON ecosystem is getting a lot of support still through their telegram mini app games. I was thinking they’ll be coming to an end anytime soon, but looks like they’re in for a very long time and profitable time with the initiative of the built in app games which is gaining a lot of attention and also brought them a lot of users and new people getting featured into the crypto space for the first time through their platform. Bitget have invested after seeing the wide adoption coming from there, it’s all business and they’ll also benefit from it after investing in them.

About this Telegram of a thing, I do not like how exchanges and wallets wants to have mini apps on Telegram. I will prefer to use exchanges and wallets directly using their apps than to be using Telegram.

The most concern about this is the users account been banned or hacked and they have some money in their telegram wallets, how will they get access back into those wallets to withdraw their funds. That alone is a very big deal no one will want to trail for anything.

[Charles-Tim]

The most concern about this is the users account been banned or hacked and they have some money in their telegram wallets, how will they get access back into those wallets to withdraw their funds. That alone is a very big deal no one will want to trail for anything.

Probably it can be different from the Telegram wallet. Bitget may let users be able to generate the seed phrase. But even if people that are making use of the wallet can generate BIP39 seed phrase, I can not still recommend the wallet.

[ABCbits]

Any funding is great, although IMO $20 million isn't that big when you look at BitGet 24h volume (3.6 billion when i write this post) and trading fee (ranging from 0.0416% to 0.2% depending on user's level and whether they use BGB).

About this Telegram of a thing, I do not like how exchanges and wallets wants to have mini apps on Telegram. I will prefer to use exchanges and wallets directly using their apps than to be using Telegram.

I agree with you. Although this funding and TG mini app popularity shows many users strongly prefer convenience.

[albon]

Currently telegram mini apps game is very viral due to which many exchanges are working on this issue. Lots of people are working on telegram bot gaming and many new members are joining bitget exchange. I have already joined bitget telegram mini apps and now i need to deposit money to increase level. But this money will only operate the deposit and you can withdraw it anytime. Indeed, after the arrest of pavel durov then ton faces a multifaceted challenge. However, some new projects got huge success by ton support so due to which ton network has to be considered as a strong platform now.

[Gposas]

However, some new projects got huge success by ton support so due to which ton network has to be considered as a strong platform now.

On point mate of which are the likes of HMSTR and other popular T2E airdrop games.... Though they got support from TON, so also did they provide support and other form of development to the ecosystem..
If you observe closely, every Telegram Mini App airdrop always have a task of making a transaction with TON, thereby fostering the popularity of the TON token which also in a way affects the price thereby.

I guess this support from Bitget wallet is a welcome development as it will foster a positive growth on the TON ecosystem and also encourage new projects which will be willing to collaborate with the telegram mini app airdrop...

[Z-tight]

On the other I feel it would create a wider space for more T2E airdrops in the innovation and development of The Open Network

So many of these tap-to-earn airdrops are just a complete waste of time, do we really need more of them. So many of them have left people disappointed, though i know that people are still very much interested in it, but personally i do not have any interest in tap-to-earn airdrops.

[TomPluz]

So many of these tap-to-earn airdrops are just a complete waste of time, do we really need more of them. So many of them have left people disappointed, though i know that people are still very much interested in it, but personally i do not have any interest in tap-to-earn airdrops.

Actually people are interested with these Telegram games all because they are looking forward to gain something from their participation hence there can be a HUGE disappointment if a project will fail to give some financial windfall just like happened with HAMSTER KOMBAT. What we should be wondering is if there will be no incentives to possibly gain from these games, can there be massive participation still? I think the empathic answer is NO. Now, I am still looking at this Bitget support as a big push for TON because whether we like it not there is no question it is so trendy and it deserves more positive developments.

[albon]

On the other I feel it would create a wider space for more T2E airdrops in the innovation and development of The Open Network

So many of these tap-to-earn airdrops are just a complete waste of time, do we really need more of them. So many of them have left people disappointed, though i know that people are still very much interested in it, but personally i do not have any interest in tap-to-earn airdrops.

The main reason for this is that now a lot of people are participating in tap to earn gaming due to which no one is getting a good profit at the end of the day. But we should follow those projects which give points in exchange for daily checking and some tasks. Because a good project will not disappoint you with more work. Like dogs everyone got good profit and there was less work. However, currently tap to earn is a real waste of time. I myself was involved in tap to earn for some time but not getting good profits so now i have reduced my interest.

[_act_]

Lately i have also noticed this that bitget is having some relationship or collaboration with he telegram app whereby through the app you could launch their wallet mini app and things like that, i think this same thing also is happening with OKX users as well, when they are providing for the means to without the coins, they make provisions of options like that for their users to choose, which i see nothing that bad in it.

[Gposas]

On the other I feel it would create a wider space for more T2E airdrops in the innovation and development of The Open Network

So many of these tap-to-earn airdrops are just a complete waste of time, do we really need more of them. So many of them have left people disappointed, though i know that people are still very much interested in it, but personally i do not have any interest in tap-to-earn airdrops.

Though most of us are already disappointed with the outcome of these T2E games but the TON ecosystem isn't disappointed with any and I guess they'll appreciate more and more T2E airdrop since it brings a little development to The Open Network.

With my little observation, all these T2E airdrop projects is a perfect way of generating more users for The Open Network (TON) and also a boost to it's token $TON since it serves as a gas fee to any transaction based on these airdrop games and users are opportuned to gather more points by making transaction with TON coin.

[robelneo]

Its a marketing opportunity for Bitget they have seen how massive Telegram Mini Application is, which generates 50 million users on one game alone. And they also have seen how Ton is struggling with keeping up with the massive transactions, so they explore this territory to gain edge over their competitors.
Bitget already has 2 mini-app app games on Telegram, not really attractive compared to other games but it still gains a lot of users because of its affiliation with Bitget.

[bitterguy28]

i think it is definitely a win-win situation here

bitget basically is investing in telegram mini apps and if you are someone constantly looking around for airdrops you would know just how huge telegram plays in a lot of it, in fact most of the airdrops are on the form of telegram mini apps

now most of these games would surely have bitget as their in-app wallet and would boost bitget and at the same time the funding would help telegram mini apps

great partnership

[Bobcrypto]

Bitget exchange team is trying to compete with the already established crypto wallets out there, and investing on Telegram mini App is a great boost to the adoptions of the wallets.
 I think great efforts like this will increase adoptions and the bitget exchange community. This wallet should be able to break through to a huge numbers of users globally.
Honestly, bitget exchange Telegram mini app wallet integration will definitely attract many users participating on various airdrops campaigns that are being launched regularly, and many users could also be part of the bitget exchange platform now and in near future.