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In the last 2 weeks, our daily active user addresses hit 1.1M several times, with single-day transactions peaking at 14.4M. The DOGS token distribution played a key role in this surge. DOGS token is now held by 4.5M unique wallets on TON, putting it in a unique position — it has the most unique token holders on any chain ever, and it achieved this in just 2 weeks. Only USDt on TRON and Ethereum have more holders than DOGS.
DOGS, a meme project on TON inspired by Pavel Durov’s iconic dog drawing, has led to the largest meme TGE in cryptocurrency history.
▪️ 53M users engaged with the DOGS Mini App ▪️ 42.2M were eligible for the token airdrop ▪️ 17M users claimed their airdropped tokens ▪️ 4.5M unique holders
These levels of user engagement were unimaginable in Web3 before. In September, we anticipate even larger TGEs for Catizen and Hamster Kombat, which could bring tens or even hundreds of millions of users to the blockchain for the first time. The network will undoubtedly face more technical pressures and possibly some unforeseen issues, but we are unwavering in our commitment to building and addressing these challenges as we move toward mass adoption.
In the last 2 weeks, our daily active user addresses hit 1.1M several times, with single-day transactions peaking at 14.4M. The DOGS token distribution played a key role in this surge. DOGS token is now held by 4.5M unique wallets on TON, putting it in a unique position — it has the most unique token holders on any chain ever, and it achieved this in just 2 weeks. Only USDt on TRON and Ethereum have more holders than DOGS.
DOGS, a meme project on TON inspired by Pavel Durov’s iconic dog drawing, has led to the largest meme TGE in cryptocurrency history.
▪️ 53M users engaged with the DOGS Mini App ▪️ 42.2M were eligible for the token airdrop ▪️ 17M users claimed their airdropped tokens ▪️ 4.5M unique holders
These levels of user engagement were unimaginable in Web3 before. In September, we anticipate even larger TGEs for Catizen and Hamster Kombat, which could bring tens or even hundreds of millions of users to the blockchain for the first time. The network will undoubtedly face more technical pressures and possibly some unforeseen issues, but we are unwavering in our commitment to building and addressing these challenges as we move toward mass adoption.
On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations. Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities. Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." For tech stocks, “the main thing is yields,” Essaye said.
from ca
