Crypto News: Bitget Wallet’s Strategy for Expansion in the Tap-to-Earn Landscape
Crypto News: Overview of Bitget Wallet's Success
Bitget Wallet recently announced that, as of August 2024, it had 30 million users globally and 2 million app downloads in a month. Behind these milestones is the wallet’s integration with the TON ecosystem. However, the wallet's future growth will depend on its ability to capitalize on emerging opportunities and address ongoing challenges.
Tap-to-Earn Games Spark Engagement
The Open Network (TON), a decentralized layer-1 blockchain integrated with the messaging platform Telegram, has been gaining attention due to the rise of tap-to-earn games. This model rewards users for simple activities, like micro-crypto transactions, significantly driving user engagement.
Bitget Wallet's integration into this ecosystem and its mobile-first approach have established it as a leading platform for tap-to-earn enthusiasts. For instance, the Tomarket game attracted 20 million users within two months of its launch, with over 68% accessing the game through Bitget Wallet.
Future Prospects and User Engagement
Despite these figures, the future of Bitget Wallet's integration with TON will hinge on sustaining user engagement. According to Alvin Kan, Bitget Wallet's COO, the platform aims to introduce more features that support user growth through Telegram mini-apps and tap-to-earn games.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.