News BlockFin
  • bitcoinBitcoin(BTC)$106,126.001.83%
  • ethereumEthereum(ETH)$2,613.232.73%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.264.27%
  • binancecoinBNB(BNB)$665.291.16%
  • solanaSolana(SOL)$161.195.40%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1964772.49%
  • tronTRON(TRX)$0.2709031.71%
  • cardanoCardano(ADA)$0.692.36%
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • Analysis
  • Regulations
  • Scams
No Result
View All Result
News BlockFin
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • Analysis
  • Regulations
  • Scams
No Result
View All Result
News BlockFin
No Result
View All Result

Tap-to-Earn Gaming Expands From Telegram to TikTok via Solana’s Sonic SVM

Home Web3
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Faucet-to-earn took over the crypto gaming panorama this summer time, as Telegram primarily based mini apps attracted over 300 million gamers at a time. However a Solana-based mission has launched a tap-to-earn sport referred to as SonicX that launches natively inside TikTok, within the pursuit of turning into the Notcoin of the Gen Z-favored social media platform.

Sonic SVM, a layer-2 gaming chain constructed on prime of Solana, plans to associate with content material creators and run a collection of adverts on TikTok that gamers will have the ability to click on to open the SonicX sport natively inside TikTok. Very like mini apps on Telegram, TikTok permits customers to open webpages inside its native browser, the place players will begin gathering in-game factors after utilizing a social login.

The sport in the end follows an analogous premise to the opposite video games within the tap-to-earn style. Gamers will furiously faucet their screens to gather rings, buy upgrades to passively progress in-game, and invite associates to leap the ranks—all within the hopes of a future token airdrop that has but to be confirmed.

Screenshots from the SonicX tap-to-earn sport. Picture: Sonic SVM

All of this takes place inside a world branded equally to the basic Sonic The Hedgehog online game collection, though there is no such thing as a official connection to Sega.

One fascinating quirk is that each in-game faucet might be recorded as an on-chain transaction. We’ve seen this earlier than with a “tickle-to-earn” cat sport referred to as Tapos on Aptos, which recorded over 115 million transactions in a single day in Could with simply over 63,000 gamers. For perspective, Ethereum processed simply 1 million transactions a number of days prior. 

“We discuss bringing a billion customers once we do not actually have a million oftentimes, and I feel 1,000,000 is a low bar,” Chris Zhu, CEO and co-founder of Sonic SVM, informed Decrypt. “Even with simply 1% of your entire TikTok inhabitants, we’re at 10 million customers. So I feel that is not a dream anymore.”

TikTok has 1 billion month-to-month lively customers, with its whole consumer base anticipated to develop to 2.35 billion by 2029, in response to Shopify. For comparability, Telegram, which has been the epicenter of the tap-to-earn craze so far, has 950 million month-to-month lively customers as of this summer time. Whereas these figures aren’t far off, Zhu believes that TikTok is an untapped market that’s a lot simpler to achieve via promoting.

“Gen Alpha, Gen Z are already buying and selling meme cash and taking a look at this content material on [TikTok],” Zhu defined. “There’s a really shitty expertise in relation to promoting on prime of Telegram. That being stated, we expect TikTok might be one of many largest visitors swimming pools, if finished proper.”

Screenshots from the SonicX tap-to-earn sport. Picture: Sonic SVM

Sonic SVM is a Solana layer-2 community, additionally known as a “community extension,” that’s performing as a writer for crypto video games—much like the mannequin that Ronin has deployed on Ethereum. Sonic SVM already performs host to 67 playable video games, however the group believed that TikTok was the perfect place to launch SonicX.

This was as a result of group’s background working at Bytedance, the developer of TikTok. Zhu believes that they’ll maximize utilization of the platform

In fact, gamers have interaction in tap-to-earn gaming as a result of promise of their in-game progress translating to token rewards. SonicX isn’t any totally different with a Sonic token on the horizon, though the sport doesn’t formally promote this as such.

Many different tap-to-earn video games have additionally finished this, more likely to keep away from any potential regulatory points, however SonicX is particularly contending with TikTok promoting restrictions on this case. In any other case, Sonic SVM might face having its primary distribution channel being eliminated.

Notcoin was the pioneer of the Telegram tap-to-earn motion. The sport efficiently launched its NOT token on The Open Community (TON), peaking at a market cap simply shy of $3 billion because the largest crypto gaming token launch of 2024. Since then, Notcoin has reinvented itself by partnering with different tasks and aiming to grow to be the ‘Netflix’ of social, viral video games.

It is a related mannequin that SonicX goals to copy, albeit on TikTok. Zhu explains that the imaginative and prescient is to onboard different video games into the tap-to-earn style, because it goals to share its viewers across the Sonic SVM ecosystem.

This may be finished via social duties that reward gamers, similar to following a mission’s TikTok account. That’s an analogous technique that many Telegram tap-to-earn video games have additionally employed, which Zhu calls “decentralized promoting.”

SonicX on TikTok in some ways is designed as a “development technique” for the broader Sonic SVM gaming ecosystem. And with each in-game click on being recorded on-chain, it might function an commercial for the extent of scalability that Sonic SVM presents, ought to it discover a sizable viewers.

Edited by Andrew Hayward

GG E-newsletter

Get the newest web3 gaming information, hear immediately from gaming studios and influencers protecting the area, and obtain power-ups from our companions.



Source link

Tags: ExpandsgamingSolanasSonicSVMTaptoEarnTelegramTikTok
Previous Post

Bitcoin Returns to $61K Ahead of September CPI Report

Next Post

MATIC to POL Migration: What BitPay Users Should Know

News BlockFin

News BlockFin

Related Posts

How to Trick ChatGPT and Get Paid ,000
Web3

How to Trick ChatGPT and Get Paid $50,000

June 3, 2025
Best Short-Form AI Video Generator? Kling 2.1 vs Google Veo 3
Web3

Best Short-Form AI Video Generator? Kling 2.1 vs Google Veo 3

June 1, 2025
How smart EOAs are redefining the wallet experience
Web3

How smart EOAs are redefining the wallet experience

May 31, 2025
Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve
Web3

Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve

May 31, 2025
Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline
Web3

Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

May 30, 2025
Binance Labs backed Web3 Startup with prominent founders Mario Ho and Jackson Wang to Launch Non-Fungible RWA Protocol Ecosystem
Web3

Binance Labs backed Web3 Startup with prominent founders Mario Ho and Jackson Wang to Launch Non-Fungible RWA Protocol Ecosystem

May 30, 2025
Next Post
MATIC to POL Migration: What BitPay Users Should Know

MATIC to POL Migration: What BitPay Users Should Know

Trump’s World Liberty Financial Proposes Aave Deployment to Enhance Defi Accessibility

Trump’s World Liberty Financial Proposes Aave Deployment to Enhance Defi Accessibility

Third Dimension Raises  Million to Build Worlds for Real Time Engines

Third Dimension Raises $7 Million to Build Worlds for Real Time Engines

Facebook Twitter Youtube Youtube RSS
News BlockFin

News BlockFin delivers the latest cryptocurrency and blockchain news, expert market analysis, and in-depth articles. Stay informed with round-the-clock updates and insights from the world of digital currencies.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DAO
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Sustainability
  • Uncategorized
  • Web3

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 News BlockFin.
News BlockFin is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • Analysis
  • Regulations
  • Scams

Copyright © 2024 News BlockFin.
News BlockFin is not responsible for the content of external sites.