Helika’s new report warns that players from Telegram game’s ecosystem have been able to achieve better performance in Q3 2024 than in previous quarters.
The new report states that in terms of NFT statistics, a qualitative leap has occurred: from 200 thousand unique wallets transferring NFT to more than 1 million. 600,000 of these wallets were active in NFT trading within the games. The segment of players who were accessing the games on Telegram for a longer period of time than before is also expanding; analytically, the average session duration period increased almost twofold from 2.8 minutes to 6.7 minutes. This means that players do not easily lose interest in a game due to weak structure and design.
The report also shows a shift in the Telegram game audience compared to other Web3 platforms. While Web3 gaming is often popular in Asia and Latin America, 55.91% of Telegram players now come from Europe.
Telegram Games Activity Hits New Levels
As the report indicates, Catizen completed its first airdrops in total giving out 34% of its crypto tokens. They distributed 150 million tokens in the months of September alone. This airdrop led to a wave of upsurge in Tamg’s activities, as it became apparent that a better followership base on Telegram was being developed.
That same month, Catizen made its debut on the Binance Launchpool, giving users the chance to earn the gaming bot’s native token before trading went live..
The same can be said to Gamee who also had an increase in activities where volume and transactions increased to 300% from the month prior. On the other hand, X Empire had about 48 million total players and 18 million of them connected their wallets to be able to utilize the features of the game.
Rocky Rabbit is said to have the engagement of up to 30 million players, and by October, Banana had received up to 10 million users. Wonton, which is a new player, has already crossed the 1 million mark within a week of launch.
However, the report brings to focus a few issues that the developers have been facing as many Telegram games are being launched. To remain competitive, content developers are extending their scope and providing a wider range of experiences, including simulation, role-playing, and puzzles. This shift indicates that the Telegram game community is evolving from solely short, casual games.
Over $110 Million Invested in Web3 Gaming During Q3 2024
A recent report from DappRadar and BGA highlighted key moments for the blockchain gaming industry in the third quarter of 2024. Despite some market ups and downs, the ongoing innovation in the industry has strengthened confidence in its long-term potential.
Blockchain gaming stayed in the spotlight, making up 26% of all decentralized application (dapp) activity, thanks to a rise in unique active wallets. With fresh projects and new infrastructure on the horizon, the sector is preparing for significant progress in the months ahead.
In Q3 2024, the web3 gaming scene saw impressive growth, with daily unique active wallets (dUAW) hitting 17.2 million—a jump of 70% compared to the previous quarter. A big part of this boost came from blockchain gaming, where dUAW rose to 4.4 million, marking a 21% increase from Q2 2024. This surge highlights gaming’s strong influence within the web3 space, though new AI-powered dapps are starting to present some serious competition.
X Empire to End Telegram Gameplay Ahead of Airdrop
As anticipated, X Empire—a popular Telegram tap-to-earn game with over 50 million players—has wrapped up its latest mining phase. The game is now offline, just ahead of next week’s X token launch on The Open Network (TON).
The short “Chill Phase” of X Empire lasted a little over two weeks. It gave players one final opportunity to earn a larger share of tokens before the planned airdrop on October 24.
Helika’s report shows that the Telegram game ecosystem performed strongly in Q3 2024, with over 1 million wallets involved in NFT transfers, including 600,000 actively trading. Despite market ups and downs, blockchain gaming remains promising, accounting for 26% of all dapp activity and boosting confidence in the industry’s long-term potential.
