Topic: Telegram mining Apps and games, A Blessing or Doom? (Read 41 times)

If we do try to look out on how vast cryptocurrency market is then you can say that altcoins/bounties will really be just that an another section to deal on with and its not something that can affect out as a whole if this one becomes a shit. So it will be that up to you whether you do deal up with these things or not, because at the time that you do tend to deal up with bounty then expect that there will really be that always a new narrative on which it will be on hype or something that becomes that the current trend.We've seen on how telegram apps and games becomes that relevant nowadays on which projects do launches up every now and then or any apps that promises out some bounties on the moment that you do grind them.

The only thing that we dont really know is whether these projects will really be able to succeed or not because if we do tend to check on hows been doing then tons of shit projects that emerge into this current trend. We dont know on what will be the next but for now this is something that still running and interest is really that circling around with this narrative. If you are a bounty hunter then expect the unexpected when it comes to the results and outcomes when it comes into this aspect because at the time or moment that you will be expecting too much and if the project fails, then it will be bringing out that huge disappointment into your part and thats why acceptance is really that needed. Its a blessing if you do hit up the right project and just move on if  you do hit the shit one.

There is a lot of misconception about it, specially among people who just joined the world of Bitcoin and alternative currencies and have no idea how the protocol keep itself secured through the use of Proof of work or proof of participation/staking. They believe the value of cryptocurrencies comes out from thin air easily and hence, they believe it is possible to actually mine Bitcoin and other proof of work currencies from their handheld phones, which is obviously ridiculous.
It only creates a fertile soil for scammers to try to sell their fake mining apps to newbies and get access to their phones for any nefarious purpose they had from the beginning.

That is why I roll my eyes every time I see someone on the internet talking about Mining from their phone, they are either misinformed or trying to actively scam others.

There is still a misconception about mining, it's said that the games are used for mining and such. Even also the "farm" but it's not that a lot of concern, I just want to spit out some words about people that still keeps on saying that games and mining are related, they're not and they're two different activities. You don't mine when you game/play.

The games era that are integrated with crypto isn't going to last. The 2021 was the good year of it and this year about the tap "mining" games as everyone is saying and I think I was also one of those people that have said that until I've realized the complete difference of it, era is likely done.

The only positive thing that I find in these mini-games and apps on Telegram is that they have helped spread awareness about blockchain and cryptocurrencies in general because people who join these projects start to explore the industry more because they need to create wallets, have accounts on centralized exchanges, and sometimes even buy certain cryptocurrencies for extra benefits that they can get from these games and apps.

However, people who are wasting a significant amount of their time on these are doing a wrong thing if they aren't spending money on them because I have noticed and experienced that these projects mostly reward participants who are investing money in their projects and these mini-games and those who are doing it for free barely get anything more than a few bucks which isn't enough compensation for the time and efforts you have to put into them.

There aren't a lot of downsides to them, other than the one I just explained above.

For me, it helps the cryptocurrency space in my country because those telegrams play to earn games and cryptocurrency mining apps and the tap tap thing on telegram came at a time when my country sec was lunching at attack on Nigeria's cryptocurrency space with climb down on exchange and their users, at that time telegram game's, was launched and almost the whole country population jumped on it because of the simplicity to earn those airdrop coins from telegram.

This made the government give way on their fight against crypto users because the hype and popularity of cryptocurrency within that time killed all the intended attacks on the industry.

So for me, it helps, but we have to know that most of those memecions will eventually become worthless in no time, and one shouldn't consider them as an investment but just use them to gamble around the hype and speculations of the market and wave of the moment.

Telegram mining Apps and games, are they here to help "push forward" or are causing a disruption with the progress made so far in the General growth and sensitisation of a Pro Bitcoin and Cryptocurrency society?