A newly launched Papo Ninja (PAPO) crypto is taking the blockchain gaming world by storm with its pathbreaking play-to-earn (P2E) game which uses the The Open Network (TON). The PAPO is gaining momentum as the project raised more than $1 million in seed funding which showcases the growing potential of Papo Ninja.
The PAPO token recently made its debut on the decentralized crypto exchange STONFI on US election day. The coin already had over $1.7 million users before that. After STONFI, Papo Ninja got listed on Bitmart yesterday, boosting its accessibility. The digital asset is likely to soar further in the next week as centralized crypto exchanges would be listing the token.
Papo Ninja aims to redefine the P2E gaming using TON’s ecosystem. It specifically wants to leverage Telegram’s 900 million gaming user base with its app.
It’s the first P2E game to introduce the “slice-to-earn” model which lets players win rewards by activity engaging in gameplay. However, unlike other games like Notcoin and Hamster Kombat which gained traction on Telegram using simple mechanics, Papao Ninja mixes competitive edge with gaming excitement as players need skill and interaction to gain the rewards. The P2E game seeks to keep the players engaged in the game while they earn the PAPO tokens in airdrops. This will add a new layer of user involvement and depth to blockchain gaming.
Papo Ninja is making its mark by capitalizing on Telegram’s user base and The Open Network’s scalability. Gamers can easily purchase cryptocurrencies using Telegram’s TON-based wallet integration which directy linked to the Papo Ninja gaming app. This makes it the most accessible blockchain gaming platform with Telegram as the ideal medium to enhance its user engagement and growth.
The multi-platform launch of the PAPO token across various crypto exchanges is to draw a wide crypto audience and to boost the liquidity of the digital asset. The project is maximising on crypto diversification with both centralized and decentralized crypto exchange listing, making it more useful for gamers.
The developers of Papo Ninja launched the game in 5 months of ideating it and gathered 1.7 million active users along with $1 million seed funding. This shows the market’s confidence in the game resulting in the investors backing which will help in future expansion plans.
As of November 7, PAPO is trading at $0.05276 with a 11.76% surge in the 24 hours of listing. The coin’s trading volume and market capitalization stands at $5.99 million and $52.68 million respectively.