What is DOGS: Telegram’s new meme token
In the fall of 2023, as part of the transition to a superapp development strategy, Telegram announced support for mini-apps that allow third-party developers to launch their services directly in the messenger client. One of the first mass such applications was Notcoin, which launched the trend for ‘social gamification’ — GameFi projects that incentivize user engagement through their own tokens on the TON blockchain.
As part of this trend, an app called Dogs has emerged that allows you to earn rewards using your Telegram account. In this article, we will look at how the project is organized, as well as how you can earn and withdraw DOGS tokens.
History of Dogs
Dogs is a mini-application in Telegram, essentially offering scoring of user accounts with subsequent rewards.
The idea is simple — a user gives the service access to his or her messenger account and, depending on its age and some other factors, receives a certain reward in DOGS tokens. The older the account, the more DOGS.
The idea is probably to use a recognizable memcoin to unite the community of loyal Telegram users, which should become the basis for the new Dogs ecosystem.
The project’s name and identity did not appear by chance — it is based on the iconic dog Spotty, which became popular among early users of the VK social network. Despite the fact that it is often associated with this very platform, its creator is Pavel Durov, who drew the recognizable image during a charity auction in support of orphanages.
The team decided to use Spotty to show that DOGS is not just another meme on TON, but a native meme of the Telegram community that embodies the spirit and culture of its members.
In addition, it seems that by using Spotty in their posts, the developers are trying to show their connection to the Telegram team, as Toncoin once did with its symbolism similar to the TON logo.
At the time of writing, the number of participants in Dogs’ Telegram channel is approaching 6.5 million, and the project’s X page is followed by more than 300,000 users.
How to earn DOGS tokens and how to maximize the reward?
All users can get DOGS by activating the Dogs mini-app and connecting their Telegram account. The reward in this case directly depends on the age of the account — the longer you use the messenger, the more tokens you can get.
An additional reward is given to Telegram Premium owners, so using or buying a paid subscription can bring additional DOGS.
The last way to earn DOGS is by inviting new users. After activating the app, you will receive a referral link that you can distribute to your acquaintances or audience. For each participant who registers through the link, you will receive additional DOGS tokens.
How much the DOGS token may be cost after launch
It is difficult to predict the market value of DOGS after the launch of open trading due to the lack of detailed information on tokenomics, investments raised, and the amount of rewards for users. In addition, the price may also depend on external factors such as market conditions and the actions of token recipients.
It is worth noting that at the time of writing, DOGS is trading on the Bitget exchange premarket at a value of approximately $0.01 per token. However, quotes on the premarket and the open market often differ, so do not consider the offers on Bitget as the only reference point.
Exchange users can buy or sell future tokens on the Bitget premarket right now. However, it should be taken into account that the transaction requires a deposit corresponding to the amount of the offer.
How to quickly withdraw DOGS to a card
At the time of writing, the developers have still not launched the DOGS token. All rewards displayed in the app are in-game. Users cannot withdraw them or send them to other wallets as full-fledged blockchain assets.
However, an external wallet with TON network support can already be connected to the Dogs app and the tokens will most likely be distributed to tethered addresses after the launch.
One of the most convenient and efficient ways to withdraw an asset may be the Trustee Plus cryptocurrency wallet with its universal payment card. This product makes it possible not only to transfer coins from the built-in Telegram wallet to the service’s account, but also to further pay with them in retail outlets or on the Internet.
It is worth noting that to register an account and register a card, you need to perform a number of simple operations. We will describe this process in detail below.
Instructions for installation and registration of Trustee Plus
- Download and install the Trustee Plus mobile application, then click on the ‘Register’ button.
- Next, you need to enter your phone number, confirming it by SMS code.
- The next step is to choose your country of residence. Note that the Trustee Plus payment card is valid in Ukraine and the European Economic Area (EEA) countries.
- Select the method of identification:
- When using the Dia app, it is enough to confirm the data transfer.
- If you choose another method of verification, you need to upload a photo of one of the documents specified in the list.
- As soon as the technical support checks the information you provided, the account will be confirmed. In the case of Diya, this happens instantly; if you choose the second method of identification, the process takes a few minutes.
Setting up and launching the Trustee Plus payment card
- Locate the section labeled ‘Card’ at the bottom of the screen.
- Study the information related to the card issuance and confirm that you have read the documents.
- Click on the ‘Get’ button.
- Check the data regarding the balance and click ‘Next’.
- After that it is necessary to choose a crypto-asset to be used in the absence of the main means of payment (euro) on the card.
- Click on ‘Pay’ to complete the process.
After that, wait for the card to be issued. Then you can connect it to contactless payment services and use all the features of Trustee Plus.
Now we can return to the issue of withdrawing the digital asset we need using this platform. As an example, let’s look at how to withdraw tokens from the built-in Telegram wallet to the Trustee Plus service card using TON coins.
Withdrawing tokens for future settlements
- Exchange TON to USDT stablecoins through the wallet interface:
- Send the received stablecoins to an external address. In our case, it is an already registered Trustee Plus wallet:
- Assets on the Trustee Plus wallet are linked to a virtual bank card and automatically converted to fiat currency when paying for purchases.
Conclusions
Dogs is one of the latest mini-apps on Telegram, aimed at building an active community around the native memcoin ecosystem. Users can get DOGS via:
- account activation;
- using Telegram Premium;
- inviting new members.
At the time of writing, DOGS tokens are still not launched on the open market, but are traded on the Bitget premarket. The reward will most likely be distributed to connected Telegram Wallet addresses. If you have any questions while going through the activities, you can ask them in our Telegram chat.
It will be interesting
