Article 6R7HN A New Chance to Build Musk’s ‘Empire’ on Telegram

A New Chance to Build Musk’s ‘Empire’ on Telegram

by
Aaron Walker
from Techreport on (#6R7HN)
a-new-chance-to-build-musks-empire-on-telegram-1200x683.png
  • X Empire,' a popular Telegram-based crypto game, launched an unexpected mini-season yesterday.
  • The gamehas45M players, all competing for a share of tokens in an upcoming airdrop.
  • X Empire and theplanned token launch on TON showcase Telegram's growing role in the crypto economy.

a-new-chance-to-build-musks-empire-on-telegram-1200x683.png

The popular Elon Musk-themed Telegram game X Empire' returned unexpectedly, offering its dedicated users new rewards and gameplay enhancements.

X Empire' boasts 45M players and marks another stage of Telegram's expansion into blockchain and crypto.

Amid continued concerns about privacy and security, what does X Empire tell us about Musk, Telegram, and the future of crypto?

Time to dive in.

Telegram Goes Big On Crypto Despite Concerns

Telegram, a messaging platform with over 800M users, plays a pivotal role in the world of cryptocurrency, serving as a hub for crypto enthusiasts and developers to communicate securely.

Furthermore, the launch of The Open Network (TON) token further deepened Telegram's involvement in the blockchain space.

Created in 2018, TON became a decentralized layer-1 blockchain project designed to facilitate fast, low-cost transactions and decentralized applications (dApps).

TON's integration within Telegram is a step toward mass adoption of blockchain technology and reinforces Telegram's commitment to crypto.

Musk Expands His Empire With TelegramX Empire' highlights Telegram's strategy of combining entertainment and blockchain.

The Musk-inspired game lets users engage in crypto-based gameplay and earn a portion of an upcoming token airdrop.

With an estimated 45M players already involved, the coming TON airdrop promises to be a major event. X Empire recently concluded a mining phase' and expects low activity between mining and the token launch in late October.

X-Empire-X-post-about-the-Chill-Phase.png

But with the game's unexpected re-launch with a Chill Phase,' approximately 34M tokens are up for grabs, or roughly 5% of the total supply.

X-Empire-X-post-about-the-Chill-Phase-tokenomics-part-1.png

By resetting the characters, X Empire hopes to attract new players without cutting into the share of early players.

Adding a round to the game (and adjusting the tokenomics accordingly) is a positive sign, demonstrating the developers' belief that there's more interest they can tap into.

And it also bridges the gap between the first phase and the planned launch.

X-Empire-X-post-about-the-Chill-Phase-tokenomics-part-1.png.png

Telegram Still Popular Despite Privacy Concerns

X Empire demonstrates Telegram's growing footprint in the crypto space as a social platform and blockchain innovator.

However, Telegram founder Pavel Durov recently had to address concerns about the platform's data policies, explaining the need to balance privacy with legal obligations.

Telegram has disclosed the IP addresses of criminal actors since 2018, but only under legal requests. Durov claimed this reinforced Telegram's commitment to safeguarding user privacy while cooperating with law enforcement when necessary.

While admirable, Durov's transparency comes just after his tangles with French law enforcement.

Establishing the right balance between privacy and security is not easy.Pavel Durov

Durov's viewpoints and Telegram's position matter precisely because of how important the platform is to the crypto industry.

Conclusion

The unexpected return of X Empire' highlights Telegram's bold ventures into the world of crypto and blockchain.

With 45M users vying for token rewards, the game's revival underscores Telegram's growing influence in decentralized technology, even as privacy and security concerns are a constant thorn in its side.

References

The post A New Chance to Build Musk's Empire' on Telegram appeared first on The Tech Report.

External Content
Source RSS or Atom Feed
Feed Location https://techreport.com/feed/
Feed Title Techreport
Feed Link https://techreport.com/
Reply 0 comments