Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
MemeFi Future: Building Mass-Market Consumer Apps in Telegram

MemeFi Future: Building Mass-Market Consumer Apps in Telegram

Bitget2024/12/02 14:57
By:Bitget

The Telegram Meta

Notcoin has created a new paradigm for mass-appeal Telegram apps, attracting audiences in the millions—something rarely seen in Web3 before. This has established a novel advertising-focused business model, while subsequent Telegram apps discovered the power of gamification, successfully incorporating mobile gaming mechanics and monetization strategies.

This is an unprecedented use case for crypto that few in Web3 anticipated. Still, the true potential of the Telegram ecosystem remains significantly undervalued in the Web3 space. Consider this: apps with millions of users command market caps in the hundreds of millions—far less than many Web3 applications with mere thousands of users. A colossal market inefficiency at display!

MemeFi's Success Story

MemeFi has emerged as one of Telegram's most successful applications, achieving:

  • User reach of 50+ million

  • Revenue exceeding $30M

We’ve developed of an exemplary gamified platform incorporating best practices from high-revenue mobile gaming projects and created one of the highest-grossing ad networks in the Telegram ecosystem

Strategic Vision: Telegram as Crypto's Gateway

Telegram is the gateway for crypto mass consumer apps.

Here we take the lead.

Real Apps, Real Use Cases

Crypto is finance. There are no crypto apps, but merely apps that use crypto.

We use crypto when it’s needed — not merely added for hype.

MemeFi is evolving into an ecosystem of mass-appeal Telegram consumer applications, with two key initiatives in development:

  1. Implementation of one of mobile gaming's highest-performing revenue models on Telegram

  2. Creation of a Telegram prediction market featuring simple UX, original user-friendly design, and high engagement mechanics

We're responding to genuine market demand  — not attempting to manufacture it.

We Need Good Tech

Mass-appeal consumer apps require robust scalability and reliable transaction processing. This is the primary reason why we selected Sui for the migration. Sui's unique architectural design and technical capabilities make it possible to accommodate millions of users from the MemeFi ecosystem effectively.

This is what we need to build further.

Brand Development

MemeFi is the ONLY Telegram app with an original memecoin brand.

The universe has been created by a design team that knows how to deliver striking, unique and attractive imagery and narrative. Combined with its memecoin nature, this makes it ideal for viral growth.

 

Brand Strategy

Strong IPs resonate naturally with users. A distinctive identity and coherent world-building WILL fire the “WOW” neurons. A strong brand is a growth hack that’s overlooked by too many.

Partnerships and Expansion

We’re incredibly excited to grow and develop as a brand and work with other brands together. Two of our closest partners are Simon’s Cat and Baby Shark, one of the strongest brands in crypto.

Expanding to other media is our top priority. We’re already exploring video content via YouTube and are planning to leverage our strengths as a brand for YouTube growth.

Other media are loading!

Web3 Integration

We’re a Web3 project first. We recognize blockchain's unprecedented opportunities for financial freedom, operations, and use cases.

Still, the current UI solutions often fall short. Leveraging the power of Sui, we are creating the UX that Web3 users deserve.

User Experience Focus

Our vision for Telegram consumer apps is seamless UX rather than the unescapable clunkiness of Web3 browser wallet.

Sadly, the UX is just not there yet.

Via account abstraction, we're developing solutions that would provide the experience as simple and nice as that of the top tier mobile banking apps.

This would be the foundation that would allow for crypto consumer apps of immense scale. And we’re getting there.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like