Hamster

Million

Foundation

Coreum

The Coreum Development Foundation announced an addition to its latest wave of grants aimed at network expansion – <a href="https://cosmobear.io/" target="_blank" rel="noopener noreferrer nofollow">Cosmo Bear</a>, a tap-to-earn game built for onboarding new Web3 users.&nbsp;
Since its launch on July 16th, Cosmo Bear has rapidly gained traction through social media reaching 2M users within 3 weeks. Similar games, such as Hamster Kombat, have demonstrated exponential growth showcasing the effectiveness of engaging users directly on <a href="https://web.telegram.org/" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>, one of the world’s most used messaging apps. Cosmo Bear’s success is driven by its unique blend of interactive gameplay and dynamic social features. The game introduces a two-layer referral system that rewards players for direct invites and ‘friend-of-a-friend’ sign-ups. This mechanism incentivizes deeper engagement and fosters a community-driven growth model.
Elevating the SocialFi trend, the game effectively serves as a gateway for introducing new users to Web3 concepts. Each player receives a unique <a href="http://thenewscrypto.com/news/nft-news/" target="_blank" rel="noopener noreferrer nofollow">NFT </a>character, and galaxy paths are dynamically generated for each user. Additionally, by integrating a built-in crypto wallet the game will be connected with a growing ecosystem of decentralized applications, starting with support for Coreum and the various Cosmos-SDK blockchains featured in the game’s first season.
This built-in wallet facilitates seamless in-game transactions, allowing players to securely store, trade, and manage their NFTs and tokens without leaving the Telegram app. This functionality enhances convenience and security for all players by eliminating the need to switch between platforms.
<a href="https://www.coreum.com/" rel="noopener noreferrer nofollow">The Coreum Development Foundation</a>’s grant to Cosmo Bear is part of a broader strategy to expand network utility and adoption by supporting projects that leverage native functionalities such as <a href="http://coreum.com/smart-tokens" target="_blank" rel="noopener noreferrer nofollow">Smart Tokens</a>. These tokens are particularly well-suited for gaming economies, providing a robust, integrated solution that enhances gameplay and blockchain engagement. For more information, visit <a href="http://cosmobear.io" rel="noopener noreferrer nofollow">cosmobear.io</a> and join the Telegram community at <a href="https://www.coreum.com/" target="_blank" rel="noopener noreferrer nofollow">t.me/CosmoBear_bot.</a>
<h2 class="wp-block-heading" id="h-about-coreum">About Coreum</h2>
Coreum, the world’s first Superledger. A 3rd-generation, layer-1 <a href="http://thenewscrypto.com/news/blockchain-news/" target="_blank" rel="noopener noreferrer nofollow">blockchain </a>architected for enterprises of any size, from startups to large corporations. Providing a remarkable transactional speed of up to 7,000 TPS and ISO20022 compliance ensures expedient and economical transactions across a swift and secure PoS network.
As an Enterprise Graded Blockchain (EGB), Coreum introduces a new layer of programmability with ‘Smart Tokens’, enabling robust use cases through WASM-based smart contracts, including tokenized RWA’s and Neobanking applications.
Contact
<ul>
 <li><a href="mailto:press@coreum.com" target="_blank" rel="noopener noreferrer nofollow">press@coreum.com</a></li>
</ul>
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Coreum Strategic Network Expansion Grantee ‘Cosmo Bear’ Reaches 2 Million Users in First Month

Table of Contents

TheNewsCrypto

Other articles published on Aug 8, 2024

Near Price Analysis: Rebound Potential or Downward Spiral?

Survey predicts the 3 factors set to influence Ethereum’s price

Decline in Bitcoin Miner Reserves After April Halving Event: Report

Pepe Unchained Presale Soars to $7.5 Million Amid Market Rebound

Fed’s Data Shows Slower Consumer Borrowing in the US

Binance Labs Backs Solayer To Enhance Solana Network And Ecosystem

Join our free newsletter for daily crypto updates!