Dear Squids,
As we reflect on the past month of game development, it’s with great pride that we acknowledge the numerous achievements we’ve accomplished together.
Whether it’s the insightful user data analysis, fruitful collaborations with project partners, or the esteemed recognition from the Ton Foundation, it’s abundantly clear that SquidTG has cemented its status as a successful Inscription game.
However, our aspirations extend far beyond mere satisfaction. It is with great honor that we announce the establishment of the “SquidTG Metaverse.”
As many of you are aware, The Open Network presents an exceptional opportunity for growth. With SquidTG poised to construct an ecosystem (i.e., the SquidTG Metaverse) on this network, our vision encompasses not only gaming but also financial applications, social integration, ultimately culminating in the creation of a vibrant SquidTG Metaverse within The Open Network.
Allow us to elaborate further on the essence of the SquidTG Metaverse.
SquidTG Metaverse
On February 21, 2024, SquidTG made its debut as a Telegram-based Inscription game, marking the inception of what we now refer to as the SquidTG Metaverse.
As The Open Network continues to evolve, particularly in the realm of decentralized finance (DeFi), we anticipate it to follow a trajectory akin to that of Ethereum, achieving remarkable feats.
Hence, in anticipation of the forthcoming bull market, capital inflows into the TON ecosystem are inevitable. Notably, there are rumors that stablecoins such as USDT and USDC may be issued on TON, serving as pivotal assets for exchanges and pricing mechanisms, thereby heralding the onset of DeFi Summer on TON.
DeFi Summer
Following the successful onboarding of 50,000 Telegram users onto the Ton Space wallet, our next objective is to impart knowledge on optimizing wallet assets. This entails familiarizing users with concepts such as Swap, AMM, Liquidity Mining, and forthcoming DeFi products, including Lending.
In essence, we aim to replicate the monumental DeFi Summer of 2020, as witnessed on Ethereum, within the confines of TON.
PS: It’s worth mentioning that if there are any products that have yet to appear on TON, you can look forward to the performance of the SquidTG team.
Metaverse
Transitioning beyond gaming and financial realms, we aspire to establish an ecosystem that encapsulates myriad functionalities — hence, the birth of the SquidTG Metaverse.
During this phase, SquidTG will introduce unique Non-Fungible Tokens (NFTs), imbued with social attributes, fostering a sense of community within the TON ecosystem. Consequently, participants from all walks of life will converge within the SquidTG game, collectively contributing towards the realization of TON’s Metaverse.
To enhance the accessibility of in-game assets, SquidTG game assets will soon be tokenized in the form of Jetton token $SQG, ensuring seamless participation for all users within the SquidTG Metaverse.
So, what lies ahead for SquidTG and the SquidTG Metaverse?
What’s next?
We’re gearing up for the public sale of our SquidTG Metaverse governance token, $SQD.
In appreciation of our dedicated SquidTG players, we’ll also be conducting $SQD airdrops, ensuring that everyone has a chance to partake in this exciting venture.
Stay tuned for comprehensive details on $SQD and the airdrop procedures in our forthcoming post.
Thank you for being part of this remarkable journey. Together, let’s continue shaping the future of SquidTG and the SquidTG Metaverse.
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