BNB chain to onboard more users through Telegram wallet

in #hive-16792212 days ago

Introduction

Instant messaging app Telegram is now a hotbed for all crypto projects seeking to make their mark in mass adoption. The hundreds of tap-to-earn games launching on that platform has attracted millions of new users to blockchain technology. BNB chain has similar goals of onboarding the masses to web3 and thus, it has seen Telegram as another vehicle to carry that objective.

In order to onboard more people and also tap into the millions of users already on Telegram, BNB chain has joined the other countless portal apps that deployed on Telegram. With such presence, the blockchain hopes to build a mobile userbase that enjoys the simplified user experience ushered by Telegram blockchain bots and mini-apps. This is a gateway towards mass adoption since the masses are already by attracted to Telegram.

Targeting the masses with mobile wallets

Telegram is a common app which makes it a step ahead when it comes to crypto onboarding. All over the world, millions of people already use the messaging app to stay in touch with friends. Its a familiar app. Now when the same app is being used to earn tokens, play games, interact with blockchains or even transfer tokens, it makes adoption very easy and natural.

The BNB chain like other projects are trying to build from the known to the known. With a Telegram mini wallet to store BNB and other tokens supported on their blockchain, it creates another massive avenue to onboard new users. The quick and easy accessibility of Telegram mini apps makes BNB blockchain adoption less cumbersome. New users will not be required to install yet another wallet app to fill up their device space. From Telegram which is an existing app on their device, everything becomes so easy to do.

BNB chain has at least two Telegram mini wallets through which this integration works. The apps are UXUY Wallet which allows users to manage all tokens supported by the BNB chain. CodexField Wallet is yet another bot that allows users the opportunity to interact with the BNB chain straight from Telegram app. Lets take a quick look at one of them.

A quick look at UXUY mini-app wallet

The UXUY mini app deploys on Telegram through its bot. This wallet is designed to allow users interact with multiple blockchains and not just the BNB chain. It even allows a feeless transfer of BTC since it also incorporates the lightning network. For this lightning network integration, fast and feeless transactions is a huge advantage.

Besides the BNB chain, other networks supported by the UXUY app includes Base, Bitcoin, Polygon and Ethereum. Its super easy to get started, simplicity is the goal here.

Creating your UXUY wallet

Its super straightforward to create a new wallet. Just start by opening the bot link below in Telegram.

Step 1: Click the bot link https://t.me/UXUYbot/app?startapp=A_431045540_inviteEarn
Step 2: Once inside Telegram, Select "Open Wallet".
Step 3: Click 'Create Wallet"

Thats all. Congratulations, you now have a wallet inside your Telegram app to manage BNB chain assets and tokens from other blockchains.

Inside the wallet, its super clean and easy to navigate around. There are tabs at the bottom which opens different pages of functionality and activity. The earn page contains tasks that you could easily complete to earn satoshi. For example, each person you invite earns you some Satoshi. The more persons you invite through your referral link, the more satoshi rewards you earn. You also have a chance of earning 30% of the transaction amounts of your referrals.

So you can try out many other features of the UXUY non-custodial mobile app on Telegram. Why not explore and see things for yourself.

  • Security: Everyone cares about the safety of their assets in mobile wallets like this one. It is important to state that UXUY wallet is a non-custodial wallet with all the industry security features you expect. There are Mnemonic phrases for each wallet which the user has to download and backup. If the device is lost or damaged, the assets could be recovered by inserting the phrases in another device.

There is also a private key which is made available once the user have backed up the phrases. These are security features that are there to ensure that assets remain safe even if the wallet device becomes broken.

Big advantage for developers

Everyone gains from having the BNB chain exist in Telegram. Blockchain developers that deploy apps on the BNB chain would have a lot of advantage as they will not be required to code everything from scratch. Telegram has already given them an advantage such as user authentication. They already have a huge library of functions that they could just adopt and plug into their work to streamline the development process. Everything is found inside Privy’s SDK.

So if you are a BNB blockchain developer, you already have substantial resources stacked into the SDK to make your work pretty easy and straightforward. If you want to learn about the SDK development tools and resources available to work on Telegram mini apps, check them here.

Finally

If you wish, you could take a look by installing the wallet in your Telegram app. And maybe you could do with free satoshi by inviting your friends using your unique referral link and also completing other tasks in the app.


Note: Thumbnail is mine

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That's quite important for the entire crypto movement and I wonder if also HIVE could tap into such a strategy. For sure we need to onboard more users, so why not through Telegram...?

Yes Telegram is really an important onboarding tool now and project founders are realizing it. It would be a great avenue for Hive to onboard many new users. Its easy, familiar and you do not need to mention crypto or blockchain. Telegram has just simplified crypto onboarding. I wish a Hive project could develop a mini bot for Hive there.

People with less experience on offchain wallet or exchange, can easily navigate or manage telegram wallet, so there will be more adoption of cryptocurrency with the use of telegram.