Can a messaging app become the gateway to mass Web3 adoption? EnsoFi's SuperAMA#2, "Building Telegram dApps - A discussion," explored this very question.
Moderated by crypto YouTuber Joe Takayama, the event featured founders from three cutting-edge dApps — Dree Do (EnsoFi), Limon (Trekn), and Kevin (PAW Wallet) — who dove deep into the opportunities and challenges of building on Telegram, a platform with a billion users and a surprising appetite for blockchain innovation.
With its massive user base and user-friendly interface, Telegram presents a unique opportunity for onboarding new users to Web3.
Dree Do, Co-founder and CPO of EnsoFi, emphasized the platform's potential for user acquisition and rapid experimentation, allowing developers to test groundbreaking ideas and engagement models. Unlike traditional app stores, Telegram allows developers to quickly test new ideas and engagement models, fostering innovation in the Web3 space.
However, bringing Web3 to Telegram users also comes with its own set of challenges.
User Interface: Designing intuitive interfaces for users unfamiliar with DeFi concepts.
User Retention: Keeping users engaged beyond initial airdrops and short-term incentives.
Education: Bridging the knowledge gap between traditional Telegram users and the complexities of Web3
EnsoFi, Trekn, and PAW Wallet are all building dApps on Telegram, but each project takes a unique approach.
EnsoFi is a cross-chain DeFi hub simplifying yield earning. Users can seamlessly explore and participate in DeFi activities across different chains without traditional bridging. EnsoFi offers:
Seamless cross-chain functionality: Eliminating the need for traditional bridging.
Fixed interest rates: Providing greater predictability for cross-chain borrowing.
Gamified and user-friendly design: Simplifying DeFi for everyone
Trekn focused on Trekn Labs' upcoming verification tool, which aims to become the go-to platform for Web3 communities.
Focus on community building: Providing comprehensive tools for Web3 communities to foster engagement.
Seamless telegram integration: Allowing communities to build their gating solution right in their existing Telegram groups.
Effective incentive systems: Encouraging both short-term and long-term user engagemen
Paw
The project aims to shift the perception of Telegram apps as merely airdrop platforms by offering real utility and an incentivized experience for exploring the Solana ecosystem.
All-in-one telegram app: Providing a variety of features accessible without leaving the app.
Targeting a high-value user base: Attracting and retaining "OGs" and users with demonstrated "paying behavior".
Focus on memecoins and community engagement: Providing tools specifically for trading and interacting with memecoins.
The AMA also provided exclusive insights into the projects' roadmaps:
EnsoFi: Will soon enable users to supply and borrow native tokens across multiple blockchains, with a Telegram launch slated for November.
Trekn: Plans to introduce token-gated content, reputation tracking, and seamless Telegram integration, with a whitelist opportunity for their Trekn Odyssey NFT collection available for AMA participants.
PAW Wallet: Will add a poker game and tools for interacting with memecoins, offering a 500 $RCAT prize to AMA participants who create a PAW Wallet account and play the RoboCat game.
Our AMA provided a glimpse into the exciting possibilities of Telegram for onboarding new users to Web3 and the innovative projects leveraging the platform's potential. Now is the perfect time for Telegram users to explore and engage with the expanding world of Web3.