Inco To Allow Developers Create Telegram Mini-applications
The Inco project will allow developers to create intranet products in Telegram mini-applications securely.
According to the Inco team, developers of a universal privacy layer for Ethereum and other networks, the project partnered with Privy for these purposes.
A few weeks ago, Telegram founder Pavel Durov announced important plans to tokenize functions, distribute advertising revenues with users, and introduce the Tether stablecoin into The Open Network (TON) blockchain.
Inco’s universal privacy will allow developers to create quarantine-free apps and mini-games with hidden information that is still fully verifiable, including prediction markets, card games, and guessing games that will work with crypto wallets. Before this, Telegram mini-apps ran centrally, making them vulnerable to hacking and fraud.
“Telegram reached 900 million users, while Base closed in only 2 million users in 2023 — by enabling the creation of decentralized apps with on-chain confidentiality directly within Telegram, we empower developers to reach millions of new users and drive the growth of the Web3 industry.”
Remi Gai, Inco CEO
Additionally, creating decentralized applications in the form of Telegram mini-applications allows developers to create a consumer-friendly experience and tap into the largest pool of retail users.
At the end of 2022, Durov reported that Telegram may have several decentralized tools for trading and storing cryptocurrency. Since then, the messenger has added many options for cryptocurrency, including the native messenger wallet.
One of the project’s latest initiatives was a campaign from Wallet in Telegram and the TON Foundation. The TON Foundation plans to give away $30 million as part of a USDT staking promotion with 50% interest.
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Flayer, NFTX Surge Over 200%: Whats Driving The Uptick?
The Flaunch protocol is a meme coin launcher based on Base architecture and supported by Uniswap V4, the latest version ... Read more
XRPs Breakout Above $5 On The Horizon As Yeti Ouro Aims For $10
XRP gains attention amid talks of expanding the U.S. crypto reserve beyond Bitcoin, while Yeti Ouro extends its token bo... Read more
Floki Forms Death Cross As Weekly Burn Rate Hits 610m
Floki retreated sharply in January and formed a death cross pattern, risking more downside in February. Read more