Tomarket, a leading player in the Telegram gaming ecosystem, has crossed a major milestone as its user base rose to over 40 million. This significant achievement comes just days ahead of the network’s Token Generation Event (TGE), scheduled for October 31. During this event, users will have the opportunity to convert their coins into fiat currencies. The TGE will be exclusive to users who have a tomato emoji and have reached the bronze level.

Strong Growth in the Telegram Gaming Ecosystem

Tomarket has experienced robust growth, driven by the rising popularity of Telegram games and tap-to-earn games. The platform achieved over 1 million users just five days after its launch in July. Miles, a core contributor to the network, emphasized the importance of the upcoming TGE:

The TGE is just the beginning. With $TOMA, we’re not just launching a token; we’re creating an integrated ecosystem that puts users first. Our mission is to deliver long-term value through innovative solutions.

Comparisons with Other Leading Telegram Games

Tomarket operates similarly to other major players in the Telegram gaming ecosystem, such as Hamster Kombat, TapSwap, and Notcoin. Users can accumulate points by collecting Tomato points through drops, farming, and referrals. The platform’s growth has been further fueled by the overall popularity of Telegram mini-games, a market that encompasses over 900 million Telegram users.

Ambassadors and Partnerships

To bolster its growth, Tomarket has partnered with 200 dedicated ambassadors who actively promote the network. Additionally, the developers have teamed up with Bitget Wallet, enhancing the platform’s reach and functionality.

Community and Social Media Presence

Tomarket has cultivated a massive fanbase, evidenced by its YouTube channel, which boasts over 2.5 million subscribers, and its X profile, which has garnered 887,000 followers. The platform’s token generation event follows the trend set by other major players in the Telegram ecosystem.

Performance of Other Major Telegram Tokens

Similar to Tomarket, other prominent Telegram games have launched their tokens with varying success:

  • Hamster Kombat: The largest player in the industry with over 300 million users, launched its token in September. Initially priced at $0.01, it dropped to $0.003, resulting in a fully diluted valuation of $348 million.
  • Notcoin: The first to launch its token in April, starting at $0.0074. The price rose to $0.023 before declining to $0.0080, giving it a market cap of $791 million.
  • PixelVerse and Catizen: Other publicly traded Telegram tokens have also experienced double-digit declines.

Tomarket’s upcoming TGE is highly anticipated within the community, marking a significant step towards creating a more integrated and user-centric ecosystem. Stay tuned for more updates on the evolving world of cryptocurrencies and gaming.

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