Telegram gaming sees NFT and user engagement boom in Q3 2024: report

telegram-gaming-sees-nft-and-user-engagement-boom-in-q3-2024-report

A new Helika report on Telegram games for Q3 2024 shows strong growth, particularly in NFT engagement and longer player sessions.

  • NFT Activity: The number of unique wallets transferring NFTs surged from 200,000 to over 1 million, with 600,000 wallets actively engaged in in-game NFT transactions.
  • Player Engagement: Average session lengths nearly doubled from 2.8 to 6.7 minutes, indicating improved game design that keeps players engaged longer.
  • Regional Shifts: 55.91% of players now come from Europe, a notable shift from the traditional dominance of Asia and Latin America in Web3 gaming.

Key Games:

  • Catizen: Completed an airdrop, distributing 150 million tokens in September 2024, boosting activity and earning a Binance listing on Launchpool.
  • Gamee: Saw a 300% increase in transaction volume.
  • X Empire: Attracted 48 million players, with 18 million connecting their wallets.

Challenges:

Despite the growth, small developers face challenges with limited marketing budgets and competition. Developers are diversifying game genres, expanding beyond casual games into RPGs, simulations, and puzzles to attract a wider audience.

In summary, Telegram’s gaming ecosystem is growing rapidly, with increasing player engagement and a diverse range of games, but smaller developers still face challenges in standing out.

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