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Dogizen’s ICO has raised $508k in just a week, marking it as the first-ever Telegram ICO and positioning it for major growth in the rapidly expanding TON ecosystem.
Storming in red hot and raising $508k after barely a week, Dogizen’s ICO is wowing investors across the cryptosphere. Now with the US election likely to spark the next phase of the bull market, investors are looking for the next gem to ride this wave. Dogizen, as the first-ever Telegram ICO, has timed the market perfectly. And as we’ll see below, it has a bucketload of reasons why it’s ready to fly into orbit sooner or later.
- The TON ecosystem is starting to rip
Telegram has been quietly upping its crypto credentials over the past few years by integrating a wallet into its popular messaging app, unleashing its own app store, and watching the native currency for its L1 blockchain rocket to +1000% from launch.
Toncoin price chart
Recently, TON shot past a number of popular L1s such as Cardano and Cronos in terms of total value locked, surpassing the $430 million mark. This indicates that the TON network is far from a gimmick L1 and is a serious L1 blockchain.
It seems like anything that touches this blossoming environment turns to gold. As we’ll see below, Telegram gaming is no exception, and that will include Dogizen.
- The first Telegram ICO is serious business
Following on from the above, Dogizen will be the first ever ICO to slide neatly into the TON ecosystem, slap bang in front of crypto holders and crypto noobs. With Telegram’s 950 million strong user base, having such a vast and instant audience is a treat.
According to a recent Bitget report, 31% of users base their choice of wallet on recommendations from Telegram communities, a source only second to friend recommendations (41%). This innate trust in Telegram indicates that an ICO within the Telegram ecosystem is exquisitely blessed with an audience that will likely give it more consideration than other ICOs, simply by being on Telegram.
Telegram’s status as a trusted messaging app will increase positive sentiment towards the ICO. As will its position as the first Telegram ICO; every investor knows how lucrative it is to be first to something.
- Dogizen Universe is unique
Dogizen’s Telegram game is just the start. While Dogizen’s peer group is, by and large, focused on just creating a single game, Dogizen has seen the future. And various big names in the space believe that the future for Telegram and tap-to-earn games is way bigger than what we’re looking at.
Dogizen Universe will create a gaming arcade for gamers and, on the opposite end of this, a game publishing portal and developer SDK for any dev with a creative spark to contribute to the ecosystem. Dogizen’s DOGIZ token will hold the economics of this together. Developers will list games for a small fee and get paid for creating. Players can play to earn. And all DOGIZ holders can receive a share of the revenue this whole process generates.
- Dogizen has over 1.4 million users already
The game has only been around for a few weeks but it’s already receiving the kind of support any game or any form of media would crave. This steadily growing 1.4 million strong user base can serve as an additional, ready-made audience for the Dogizen ICO, on top of the 950 million Telegram users and masses of PR that Dogizen is already generating.
- Telegram gaming is growing exponentially
Success is spewing out left right and center from Telegram games. Looking at the tap-to-earn/Telegram game market, over 90% of its market cap is made up of Binance-listed projects. Catizen, Hamster Kombat, and Notcoin were all snapped up rapidly by the largest exchange on earth; for those unfamiliar, Binance is the gold standard of exchanges. One that all projects would want to list on as it tends to jack up token prices.
The simple fact that a) Dogizen is a Telegram game and b) it’s offering considerably more than its peers makes for a strong likelihood of a Binance listing.
Some specific Telegram gaming stats have powerful implications. Telegram gaming now accounts for 20% of Telegram’s MAU (monthly active users). What’s even more incredible is the fact that this figure was just 1% in 2023. This begs the question, just how big could Telegram gaming be in 2025 and beyond? Potentially any Telegram game with medium-to-long-term appeal could enjoy parabolic growth, both in users and ultimately token price.
Telegram games are also proving to be the ultimate onboarding tool, reeling in masses of web2 users (who would otherwise ignore crypto) by rewarding them for playing. It’s why millions of people in the developing world are playing Telegram games and getting on chain.
Dogizen offers something special
As the market gears up for the kind of rally that will no doubt create new BTC all-time highs, it’s fresh, new, ambitious projects like Dogizen in rapidly growing sectors that will likely be the top gainers over the next few months.
Plus, as the world’s first Telegram ICO, there’s added fuel in the tank. Investors have sensed the opportunity, and Dogizen’s $508k in such a short space of time is a testament to that.
The Dogizen presale is live—but it’s available for a limited time. Visit the official Dogizen website for further info.
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