• AutoTL;DR@lemmings.worldB
    link
    fedilink
    English
    arrow-up
    4
    ·
    1 year ago

    This is the best summary I could come up with:


    Telegram, the popular messenger with 800 million monthly active users worldwide, is inching closer to adopting an ecosystem strategy that is reminiscent of WeChat’s super app approach.

    To build out this super app platform, Telegram relies on a network of infrastructure partners both from the established tech world and the crypto space.

    WeChat has pioneered the mini app model in China and now powers millions of them serving functions from payments, food delivery, e-commerce, ride-hailing, to driver’s license renewal, just to name a few.

    The developers would also need to learn the programming languages of blockchain apps, which might actually be an easier barrier to overcome than the process of understanding the economic incentives that facilitate decentralized applications.

    Importantly, payment functionality played a critical role in WeChat’s early rise as it instilled a habit among users to make daily transactions through the chat app.

    It will be fascinating to witness what lessons Telegram and TON take from WeChat and how a mini app platform with a decentralized twist unfolds.


    The original article contains 678 words, the summary contains 169 words. Saved 75%. I’m a bot and I’m open source!