The post Hamster Kombat Rival, Dogizen, Announces Historic Telegram-Based ICO appeared first on Coinpedia Fintech News
A new crypto game, Dogizen, has racked up over 1 million users in a day. Now, as the first-ever Telegram-based presale, Dogizen is offering investors the chance to back what many are tipping to be the next crypto-gaming behemoth—and what’s likely to be a force that ignites the next wave of crypto adoption.
While these claims seem highly ambitious, as you’ll see below, the combination of Dogizen’s offering, the insane success of Telegram games, and wider macro factors like Fed rate cuts and the growth of the TON ecosystem, have created the perfect storm of opportunity for this new project to explode.
What is Dogizen?
So far, Dogizen has thrived as a tap-to-earn game on Telegram. Its engaging gameplay offers players crypto rewards for engaging with its mechanics. Both via active tapping on the screen and as additional passive rewards as you progress through Dogizen’s virtual world. But its standout appeal lies in its long-term vision: Dogizen Universe.
Dogizen Universe is a diverse gaming arcade, game publishing, and development platform all contained within the Telegram UX. This incorporates a range of mini-games and experiences with the interoperable DOGIZ token at their core. Developers will be invited to create their own play-to-earn Telegram games using Dogizen’s SDK. The end result? A thriving and diverse gaming ecosystem that requires only one app to be downloaded: Telegram.
The new wave of Telegram games is here
As the first Telegram-based presale, the investing experience is now smoother than ever. No need for a separate wallet—anyone who wants to invest in Dogizen can do it using the messaging app they’re already comfortable with. This fundraising initiative will help grow both the next big name in Telegram gaming and a platform that’s set to launch dozens more Telegram gaming titles.
The Dogizen Universe offers a new mini-economy within Telegram. The DOGIZ token will be the coin at the heart of this new ecosystem. Game developers can be rewarded for their work, while players can be rewarded for playing. It’s essentially a mini version of the Web3 vision so many within the cryptosphere have, where more revenue is funneled back to the people who use the online platforms.
The insane precedent set by the Telegram ecosystem
The Telegram ecosystem has seen enviable demand in 2024. Catizen (listed on OKX and Binance among others) has rocketed past $25 million in revenue, despite being just months old. Hamster Kombat, boasting both a Binance and a Bybit listing this month, has reeled in over 300 million users. And a new crypto game on the TON network, DOGS, was so popular that it generated downtime that lasted for the best part of two days. It seems like any solid tap-to-earn/TON project is destined for serious numbers right now.
The driving force behind these successes is the insane rate at which quality projects on Telegram can gain traction by virtue of Telegram’s UX. With over 950 million users on Telegram and every user having a crypto wallet contained within their Telegram app, there’s immediately a vast audience on offer to any Telegram-based project.
This means there is zero need for an investor to visit an exchange should they want to purchase a TON-based project or play a TON-based GameFi title. All Telegram games also have built-in viral mechanics via Telegram’s referral feature: if you like a game, you can send it to a friend in one click and receive a reward for doing so. It’s mechanics like this that have supercharged the success of titles like Hamster Kombat and are setting Dogizen up for equally impressive growth in 2024.
Dogizen offers huge investment potential
Any half-decent Telegram gaming title is set up for a moon mission, and with the wider GameFi market set to grow at a CAGR of 28.5% to a grand total of $90 billion by 2032, there are multiple tides lifting the boats right now.
Dogizen’s 1m+ players are only the start. Once the presale gains traction, that will grow both Dogizen’s player base and investor base exponentially.
There are still only a handful of projects in this blossoming $1 billion+ sector. A significant proportion of them have started generating multimillion-dollar revenues in a matter of months whilst securing the top tier of exchange listings.
This bodes extremely well for Dogizen. And since Dogizen is offering investors the chance to back the next entrant to this golden sector, parabolic gains could well be on offer for presale investors.
It looks like Telegram games are both here to stay and here to the moon, so now’s the time to get in early before everyone and their mother are playing and the parabolic gains have been gobbled up.
The Dogizen presale goes live on 4th October 2024 at 8am UTC. Visit the official Dogizen website for further info.