Telegram Mini-Apps Are Crypto’s New Narrative

The superapp concept is a popular one in Silicon Valley. Envious looks at WeChat’s near-total dominance of the Chinese market for day to day essentials both online and off is a captivating one. Yet a single global-reach, all-purpose platform has been elusive, and having that platform centralised is a concern. In a world that understands the importance of decentralised, community-sourced systems – a superapp that respects our privacy and individuality is essential.

Telegram is one of the most popular messenger apps in the world, and one that has embraced crypto’s community ethos right from the start. With over 900 million users, Telegram’s global install base is boundless. It’s here where the revolution is beginning, with the dawn of Telegram mini-apps.

What are Telegram Mini-Apps?

Put simply, these apps allow anyone to build a service for users by utilising Telegram bots. They’re faster, simpler, and easier to both build and visit than regular websites. They require no arduous sign up, barriers to entry, or individual download. Any Telegram user can simply talk to the bot through Telegram and seamlessly access any online service.

Already, there is hotel booking, chess, taxis, password generators, sticker creators, and much, much more. These bots are not owned or endorsed by Telegram, with the service merely offering free use of its platform for developers to code, develop and deploy the mini-apps they create. They’re built using HTML, CSS, and JavaScript. They have no platform mitigations that Telegram itself doesn’t have. And it’s so simple, there’s already a ‘no-code’ builder that creators can use to make it even easier. Sooner rather than later, with the collaboration of everyone in the community, the superapp we’ve been waiting for will have arrived.

Crypto-Friendly Environment

And that’s just the start of it. The chance to rebuild our financial and social systems is next. Telegram has long been the town hall of crypto activity. Your Telegram channel is now far more important than your Twitter, or your ‘X’ (a centralised ‘superapp’ no one will ever use). Telegram, through the rise of mini-apps, will serve as the primary jump-off point for nearly a billion users into crypto, blockchain and web3, as mini-app providers can offer access to unique digital ownership economies seamlessly.

Already the service has its own wallet, powered by the TON blockchain, at the @wallet address, which can be used for crypto payments to companies and other users. Yet the wallet is minimalist by design, with its focus exclusively on simple hold and pay functionalities, necessarily stripped back to serve as a starting point for crypto to its users.

Accessing DeFi Through a Messenger App?

That’s just the start though. It’s for other mini-app providers, like Haust, to take advantage and provide access to the decentralised, distributed economic systems that can provide wealth to the next generation. Haust Network’s mini-app wallet for Telegram will emulate all the basic wallet features but also offer seamless access to unique DeFi opportunities through the Telegram interface. The wallet is launched on Polygon and has already gained significant popularity due to its ease-of-use and, unlike other wallet providers, funds are stored securely and decentalised on-chain at all times.

These DeFi opportunities are about delivering financial self-sovereignty to millions. Giving everyone control of their wealth, fair yield, access to digital ownership economies, community banking, and wealth creation. User funds are placed in Haustoria, which is an interlinked set of smart contracts that manage and deploy funds on behalf of users across multiple blockchain environments and in the most blue-chip DeFi protocols. These funds can of course be withdrawn at any time, but while in Haustoria they will periodically pay out yield earned from the activities of the smart contracts.

It means that Telegram users can store funds in their Haust Wallet and automatically begin earning native yield. Every time they open Telegram, they’ll have a bit more money in their Haust Wallet, ready to spend, and ready to be deployed in the Telegram mini-app supersystem and beyond. It’s the mini-app wallet that gives a little bit extra, with no extra fuss – and is fully integrated with the payment rails of the Telegram ecosystem.

Pay It Your Way

Powered by Haust Network, the mini-app wallet is also ready for future integration with all aspects of DeFi. Lending, staking, access to DEXs, liquidity pools and much more. Despite this broad and advanced functionality, the Haust Wallet can still be used as a low-fee wallet suitable for micropayments in Telegram and beyond. A key to a world of cyphers that ensure self-sovereign digital autonomy, identity, finance and control, all through one simple app. Haust Wallet wants to ensure everyone gets the rewards they deserve for helping to be part of the future.

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