DOGS token sets memecoin record with 17M users on The Open Network

DOGS token sets memecoin record with 17M users on The Open Network

The newly launched Dogs token could have staged the biggest token generation event (TGE) in memecoin history.

Over 17 million users have already claimed their Dogs (DOGS) tokens, which is a memecoin project on The Open Network inspired by Telegram co-founder Pavel Durov’s iconic dog drawing.

The Dogs Mini App has surpassed 53 million users, of whom 42.2 million are eligible for the token airdrop, making it the “largest meme TGE in cryptocurrency history,” according to a Sept. 10 Telegram post by the TON community.

“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.”

Over 17 million users have claimed DOGS tokens. Source: TON community

Although this number of holders is impressive for a memecoin, it is considerably smaller when compared to leading cryptocurrencies. For instance, Ether alone has over 273 million unique addresses, according to data from Ycharts.

The memecoin received significant investor interest following the TGE, which led to two major Dogs-related outages on TON.

While the volume of so-called “users” is impressive, the question of potential bots remains a significant factor to consider, according to Anndy Lian, intergovernmental blockchain expert and author of NFT: From Zero to Hero. Lian told Cointelegraph:

“We have to understand what kind of users they have. Are they able to KYC? Are they able to trade? Are they all bottled? In the view of whether they can be a top project or maybe even a “dogecoin killer”, we need to see the actual active users and how many are trading.”

“It’s 2024, bots are useless and non-sustainable,” added Lian.

Even bigger airdrops for Hamster Kombat and Catizen?

Despite the successful launch of the Dogs token, the TON community expects an even bigger impact on the upcoming Hamster Kombat and Catizen airdrops.

The two airdrops could come as soon as this September, according to the TON community’s post:

“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.”

Earlier in August, the Telegram-based viral clicker game Hamster Kombat released more details about its much-awaited airdrop, touted as the “largest in crypto history,” a week after the game reached 300 million players.

In terms of value, the Bonk (BONK) token staged the biggest memecoin airdrop, distributing over $1.3 million worth of tokens to eligible holders, making it the seventh largest airdrop across the entire crypto space, according to CoinGecko data.

Telegram–based Mini Apps are a “Trojan horse” for mass blockchain adoption

The crypto industry is increasingly betting on the onboarding potential of Telegram-based Mini Apps.

Telegram Mini Apps may be a “Trojan horse” for mass blockchain adoption, according to Justin Hyun, the director of investments at TON Foundation.

This is because onboarding the next 500 million users will require simple apps with “actual usability,” explained Hyun:

“But bringing 500 million people on-chain by 2028 — which is our goal — is going to require use cases that interact with the blockchain without the user knowing that in the front end.”

Justin Hyun talks about the mechanics of Mini Apps. Source: YouTube

TON launched a $115 million community incentive program on March 20, with $38 million for token mining and user incentives, $22 million for airdrops, $15 million for The League developer ecosystem, and $40 million for liquidity pool boosts.

 

Source: https://cointelegraph.com/news/dogs-token-largest-memecoin-17m-users

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Bybit And Digital Artist Per Kristian Stoveland Sell Out Exclusive Collection, Open Edition Sales Ongoing

Bybit And Digital Artist Per Kristian Stoveland Sell Out Exclusive Collection, Open Edition Sales Ongoing

DUBAI, UNITED ARAB EMIRATES – 22 September 2023 – Bybit, the world’s third most visited crypto exchange, have released their second digital art drop as part of their partnership with Oracle Red Bull Racing. The limited-edition collection of 200 NFTs were sold via Dutch auction on Sept. 20, and sold out within one hour for a total of 74.5 ETH ($168,434).

The collection: “Pursuit” by Per Kristian Stoveland, launched in conjunction with the Japan Grand Prix,and holders of the original Velocity Pass NFT had exclusive access to the auction. In the 24 hours since launch “Pursuit” has racked up over 106ETH ($113,433) in secondary sales. Sales of Per Kristian Stoveland’s open edition collection “Echo of Intensity” are ongoing on Bybit.

Per Kristian Stoveland, who designed the collection, is a generative artist hailing from Oslo, Norway. “Pursuit” is the second release as part of the Velocity Series, a revolutionary Web3 experience that brings together the talents of the world’s premier digital artists.

Drawing on his mastery of generative art and his innovative use of p5js, a creative coding framework, Per K’s collection encapsulates the raw power and velocity of Oracle Red Bull Racing’s RB19 race car. The collection is a symphony of light streaks that tear through desolate landscapes, igniting a captivating dance of dust. As part of the Velocity Series, “Pursuit” is curated in collaboration with AOI, a foundation for emerging art and technology.

“Bybit and Oracle Red Bull Racing are proud to pioneer the future of art and technology through the Velocity Series,” said Anndy Lian, head of partnerships at Bybit. “This collaboration transcends traditional boundaries, ushering in a new era where speed, creativity, and digital art harmoniously intersect.”

The Velocity Series showcases the intersection of cutting-edge innovation and creative expression, offering art enthusiasts, collectors, and racing fans the chance to engage with this fusion of art and racing data.

Hashtag: #Bybit #VelocitySeries #RedbullRacing #BlockchainArt

The issuer is solely responsible for the content of this announcement.

 

Bybit

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For media inquiries, please contact: For more information please visit: For updates, please follow: 

 

Source: https://www.moneyfm893.sg/media-outreach/bybit-and-digital-artist-per-kristian-stoveland-sell-out-exclusive-collection-open-edition-sales-ongoing-12942/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

Bybit and Digital Artist Per Kristian Stoveland Sell Out Exclusive Collection, Open Edition Sales Ongoing

Bybit and Digital Artist Per Kristian Stoveland Sell Out Exclusive Collection, Open Edition Sales Ongoing

Bybit, the world’s third most visited crypto exchange, have released their second digital art drop as part of their partnership with Oracle Red Bull Racing. The limited-edition collection of 200 NFTs were sold via Dutch auction on Sept. 20, and sold out within one hour for a total of 74.5 ETH ($168,434).

The collection: “Pursuit” by Per Kristian Stoveland, launched in conjunction with the Japan Grand Prix,and holders of the original Velocity Pass NFT had exclusive access to the auction. In the 24 hours since launch “Pursuit” has racked up over 106ETH ($113,433) in secondary sales. Sales of Per Kristian Stoveland’s open edition collection “Echo of Intensity” are ongoing on Bybit.

Per Kristian Stoveland, who designed the collection, is a generative artist hailing from Oslo, Norway. “Pursuit” is the second release as part of the Velocity Series, a revolutionary Web3 experience that brings together the talents of the world’s premier digital artists.

Drawing on his mastery of generative art and his innovative use of p5js, a creative coding framework, Per K’s collection encapsulates the raw power and velocity of Oracle Red Bull Racing’s RB19 race car. The collection is a symphony of light streaks that tear through desolate landscapes, igniting a captivating dance of dust. As part of the Velocity Series, “Pursuit” is curated in collaboration with AOI, a foundation for emerging art and technology.

“Bybit and Oracle Red Bull Racing are proud to pioneer the future of art and technology through the Velocity Series,” said Anndy Lian, head of partnerships at Bybit. “This collaboration transcends traditional boundaries, ushering in a new era where speed, creativity, and digital art harmoniously intersect.”

The Velocity Series showcases the intersection of cutting-edge innovation and creative expression, offering art enthusiasts, collectors, and racing fans the chance to engage with this fusion of art and racing data.

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

 

Source: https://finance.yahoo.com/news/bybit-digital-artist-per-kristian-100000685.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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