What is Dogs token project, and how does it work?

New mechanics have attracted millions of users. What is known about the new Dogs project that gives tokens for account age?

After the success of Notcoin on the Telegram messenger, developers started to launch many applications with similar functionality. They all have one thing in common — they offer tokens for touching the screen and completing various tasks.

This is how another project appeared — Dogs. This mini-application works like a Telegram bot. It shows how long ago the user registered in the messenger and, depending on this, accumulates a certain number of tokens. Spotty — the unofficial mascot of the VK social network — is the project logo.

It’s not known exactly who developed the app, but that hasn’t stopped it from gaining popularity. In the first three days after Dogs launched, over 10 million users joined the community.

A charity mascot with an adventurous life

Pavel Durov, the founder of Telegram and VK, created the main mascot of VK at a charity auction for orphans.

Source: Dogs token Telegram channel

Since then, Spotty has become the unofficial symbol of VK. The dog even has his own NFT collection, CryptoSpotty:

Spotty lived an adventurous life, becoming one of the first sticker characters and appearing at VK Fest. Time flies and Spotty has grown up, even going into space!

Who is your dog? Dogs revealed

The app tells users how long their account has been registered and awards them the corresponding number of points. For example, a user with a ten-year account can receive around 8,000 DOGS tokens.

Source: crypto.news

Another factor that is taken into account when giving points is the Telegram Premium subscription. With it, users earn an additional 300 points. Another nuance is the Original Gangster status, which confirms that the player has been an active messenger user for a long time.

To get more points, users need to invite friends or upgrade their account levels using the new Telegram Stars currency.

At the moment the app can’t do anything else, but the DOGS team promises to introduce new mechanics to earn additional coins.

DOGS list

Until recently, the project team had not made any announcements about the listing of the DOGS token, but some platforms launched pre-market trading of the Dogs token in July.

In August, the Dogs token listing on several major centralized exchanges (CEX) on the TON blockchain was announced (TON). The developers did not announce the details of the Dogs token Telegram price, but they positioned it as more than just a meme coin:

This isn’t just another meme coin. It’s the most Telegram-specific meme coin that reflects the spirit and culture of our vibrant community. We’re bringing Spotty’s legacy to the crypto world, creating something fun, community-driven, and truly our own.

Additionally, the developers announced something called “Dogenomics,” which states that 81.5% of the tokens will go to the unlocked community. The remaining supply goes to rewards for merchants, sticker creators, and future community members, as well as the team and future development.

The excitement of winning by touching continues

The excitement around Dogs is associated with the general interest in mini-applications in the Telegram messenger. After the success of Notcoin, developers began to launch many applications with a similar tap-to-earn format.

These types of games have become a trend. At its peak, Notcoin had 6 million daily active players with 16 million users in the community. The Telegram Hamster Kombat channel has over 34 million subscribers, while Blum has over 10 million community members.

An important component of such games is a referral program: a player can invite friends and receive bonuses and improvements in return. This is what partly explains the multi-million community of popular games.

But the crypto community has different views on tap-to-win games. Optimists believe that the popularity of the games will push the crypto market upwards and lead to a new bull cycle. For example, Bloomberg reporter Muyao Shen writes that such games could be a “killer app” that will define the current bull market, similar to the popularity of the game Axie Infinity a few years ago.

Skeptics are sure that there is no future in tapping and believe that this is another pyramid that will collapse as soon as the coins are listed on the exchange. Much depends on whether the developers will be able to fulfill their promises and how the audience behaves.

Telegram conquers the crypto market with mini apps

DOGS aims to create a community within Telegram and popularize meme tokens. It’s like an interest club, but instead of shared hobbies, users have a shared delusion about the value of virtual dogs.

Despite its game-like nature, DOGS could be an exciting experiment. It could be seen as Telegram’s attempt to take a slice of the cryptocurrency market by leveraging its large user base.