Where is the next breakout web3 killer product? The trends in the Telegram ecosystem are worth paying attention to

In the current cryptocurrency bull market, countless new projects and narratives emerge every day. Historical experience tells us that in every previous round of eye-catching crypto bull markets, there is always at least one Web3 product that can truly break boundaries, bringing a large number of new users to the industry and becoming a topic of conversation for outsiders and the first stop for entering the space. From the pet game Axie Infinity to Stepn's "move-to-earn" model, these products not only achieved cross-border dissemination but also coincided with the peak of industry development.

We are very curious about where the next breakout Web3 application will emerge in this bull market. This is a key point that deserves our close attention and proactive layout.

Data does not lie, and expensive on-chain data is even more reliable. We first studied the authoritative dapp data platform—DappRadar. According to DappRadar, the current top-ranked product is called HOT Wallet, which is a cryptocurrency wallet mini-program based on Telegram, with active users reaching millions, built on the NEAR ecosystem.

Upon further analysis of this product, we found that HOT Wallet allows users to log in and create a wallet on the NEAR chain through extremely simple operations, and regularly receive airdrops of tokens called HOT. The rapid growth of HOT Wallet is attributed to Telegram's vast social network and user-friendly mini-program features, achieving viral dissemination on a global scale.

Furthermore, we observed another product called Notcoin, which also adopts the Telegram mini-program format, and within a few months, its user count has exceeded 20 million. Notcoin is produced by the official TON team and is particularly popular in the Russian-speaking community on Telegram. With a large user base, Notcoin is currently guiding users onto the chain through MINT NFTs, with a significant portion of these 20 million users yet to integrate into the Web3 world.

These two cases have sparked our immense interest in the potential of the Telegram ecosystem. The anonymity and openness of Telegram align closely with the spirit of Web3, and its friendly attitude towards Web3 makes it the preferred platform for daily communication among industry professionals. Among Telegram's 800 million active users, Web3 users only account for a small portion. The social attributes of Telegram and the instant usability of mini-programs, such as one-click login, suggest that the emergence of killer Web3 applications within the Telegram ecosystem is merely a matter of time.

We also observed that the Telegram ecosystem is rapidly developing, with many products similar to Notcoin and HOT Wallet emerging, and some Telegram-based gaming products are continuously evolving. Among these products, MomoAI, based on the Solana ecosystem, is particularly noteworthy. In just half a month, its user count soared to 500,000, and within the hot Solana ecosystem, the number of active wallets on-chain quickly reached nearly 100,000, making it one of the top three dapps in the Solana ecosystem. Further observation of the active Telegram community and Twitter promotional activities behind MomoAI shows its astonishing level of engagement, with users sharing and communicating in chat groups, recommending friends to join, and spontaneously spreading on social media platforms like Twitter and YouTube. This level of enthusiasm inevitably brings to mind the previously mentioned breakout products.

Interestingly, as Solana is the fastest-growing ecosystem recently, many users have yet to truly engage with it. Therefore, we can see that MomoAI's group chat is filled with step-by-step tutorials on downloading wallets and transferring gas. This is undoubtedly a valuable resource for the Solana ecosystem, especially for casual games, which have a low entry barrier and serve as time-killers. The influx of a large number of users undoubtedly indicates that with the rapid development of the Solana ecosystem, MomoAI has the potential to become the next generation of breakout Web3 products, which fills us with anticipation.

After delving into the MomoAI project, we discovered the secret to its success. This team has been focused on Web3 since 2021 and previously developed a mobile application with global downloads reaching 50 million.

MomoAI, as a project focused on the next-generation Web3 gaming platform, won global hackathon championships in both 2021 and 2022. This rare achievement reflects the team's profound professional accumulation and technical foundation. Although the MomoAI team has not disclosed specific funding amounts, its list of investors includes several well-known venture capital firms, such as Magnus, WEB3.com, Yusaku Maezawa, SL2, and MH. This indicates that MomoAI has a Web3 team with rich experience in product development and user growth.

After personally experiencing MomoAI's product, we also summarized the reasons for its rapid growth: a nurturing game themed around alien tree planting, which is extremely simple in both theme and gameplay, making it easy to pick up for users of different ages and regions. However, the game is designed with rich viral rewards and item mechanisms, continuously revealing new elements to users as they progress, effectively enhancing user engagement and the fun of the game. MomoAI has achieved rapid global dissemination of the game through carefully planned activities and community operations.

The project's mid- to long-term plan—a Web3 gaming platform based on AI agents—also stands at the forefront of the times. This already incredibly popular project carries many enticing labels: Top 3 in the Solana ecosystem, AI + gaming, 100,000 active addresses, global hackathon dual champion… Each of these aspects makes one eager to get involved early.

In summary, we are filled with anticipation for the breakout applications emerging from the Telegram ecosystem. While each product mentioned earlier has its unique aspects, MomoAI's potential is particularly impressive. Against the backdrop of the rapid development of the Solana ecosystem, MomoAI possesses the right timing, location, and people for success. We look forward to seeing how MomoAI plays its cards right and what heights it can reach.