“Getgems & Telegram: The Unlikely Duo Betting on NFTs in 2025 🤝🚀”
Oh, what a tangled web we weave when we bet on NFTs to achieve! Despite a rather gloomy year for non-fungible tokens in 2024, The Open Network (TON)-based marketplace Getgems is still optimistic. They’re banking on a certain instant messaging platform to brighten up the future of NFTs. Can you guess which one? 🕵️♂️…
Blockchain analytics platform DappRadar declared 2024 one of the worst years for NFTs since 2020. Trading volumes and sales counts dropped by nearly 20%, leaving many projects in the dust. Poor MakersPlace couldn’t survive the storm and shut down on Jan. 15, blaming “ongoing market challenges.” 💔…
Betting on Telegram’s 950 million users and focusing on utility
But fear not, dear reader! Getgems sees a ray of hope through Telegram’s massive user base. With 950 million monthly active users, according to Telegram CEO Pavel Durov, it’s a fertile ground for NFTs. A Getgems spokesperson told CryptoMoon:
“NFTs had their moment, but they lacked a smooth connection with the masses. Telegram fills that gap beautifully.”
Getgems emphasizes that Telegram isn’t just releasing NFTs for the sake of it. It’s all about utility. Telegram Usernames grant ownership rights for digital identities, while Anonymous Telegram Numbers represent accounts. These NFTs have generated a combined volume of roughly $480 million, proving their demand and usability. 💰…
Telegram Gifts reach the TON blockchain
On Oct. 5, 2024, Telegram unveiled Gifts – animated images to celebrate with custom messages. And guess what? They can be converted into NFTs! Since their release, users have acquired over 20 million Gifts. On Jan. 22, Telegram integrated Gifts into the TON blockchain, and Getgems is hopeful for greater adoption. The team believes these NFTs are “more accessible and appealing to a wider audience.” Even before going onchain, their pre-mint trading volume reached $1 million and achieved a market cap of $10 million. 🎉…
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2025-01-28 12:14