AvaCoin, a leading Telegram game, has continued growing in the past few weeks and has now hit a major milestone.
AvaCoin passes 7 million users
In a statement this week, the developers noted that the network had accumulated over 7 million users in the ecosystem. This impressive growth makes it one of the biggest players in the Telegram sector,
As part of the growth strategy, the developers also announced the upcoming launch of launchtapp, which will help to strengthen the utility of the AVACN token. The developers are working with some leading DEX companies to make this initiative possible.
Meanwhile, the Avacoin ecosystem is growing as the number of mini apps in the network rose to over 20. Some of these apps are the likes of Hamster Kombat, TapSwap, Catizen, Gamee, and The Pixels.
AvaCoin’s growth is happening at a time when Telegram has become one of the fastest-growing players in the crypto industry. It has disrupted the play-to-earn industry by empowering developers to create mini apps like those in the tap-to-earn sector.
Hamster Kombat has accumulated over 200 million users while TapSwap has over 60 million users and the number is growing.
AvaCoin is different from most tap-to-earn networks in Telegram. Its platform lets users to earn AVACN tokens by doing several things like sports betting, a service that has become popular during the ongoing Euro24 games.
Users just predict the winners and then earn the tokens. In addition, one can do some simple tasks like following the platform’s social media pages, learn Web3 concepts, and play the BBQ Coin, a service similar to Notcoin.
AvaCoin airdrop to happen
AvaCoin also lets users earn rewards by just staking their tokens. Users earn an APY of 3% if they hold their tokens for 24 hours, 21% for 7 days, and 565% for six months. The number of people staking their tokens has soared to over 57k.
Ultimately, the developers’ goal is to ensure that holders are able to monetize their tokens through an airdrop. After the airdrop happens, users will either sell and convert them to fiat currency or hold them hoping that the price will rise.
Notcoin was one of the first platforms to launch its airdrop. While the NOT price jumped initially, it has fallen by half and still maintains a $1.5 billion market cap.
AvaCoin will likely use the TON Blockchain, which has grown substantially in the past few weeks, Data shows that TON has become the seventh biggest blockchain network with over $1.13 billion in assets.
