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PAWS (PAWS): The SocialFi Revolution Spanning TON and Solana

PAWS (PAWS): The SocialFi Revolution Spanning TON and Solana

Bitget Academy2025/03/12 04:16
By:Bitget Academy

What is PAWS (PAWS)?

PAWS (PAWS) is a SocialFi project that rewards users for their engagement on Telegram. Users earn PAWS points by participating in group discussions, reading content, completing tasks, and referring friends. The project quickly gained traction, attracting 85 million users within months and integrating 35 million wallets. PAWS bridged communities across different blockchain ecosystems, first thriving on Telegram’s native chain, TON, before making a strategic move to Solana.

With no venture capital (VC) funding or paid advertisements, PAWS relied purely on organic growth and community coordination to expand. This approach has allowed it to maintain strong user engagement without external financial pressure, making it a unique player in the SocialFi space.

PAWS (PAWS): The SocialFi Revolution Spanning TON and Solana image 0

Who Created PAWS (PAWS)?

The identity of PAWS’ creators remains unknown.

What VCs Back PAWS (PAWS)?

Despite the mystery surrounding its creators, PAWS has gained strong supporters, including Phantom Wallet, Magic Eden, Raydium, Jupiter, Solana Foundation, and Blum.

How PAWS (PAWS) Works

How to Use PAWS as a SocialFi Platform

PAWS operates on a simple yet effective principle: engage and earn. Users interact with Telegram communities and complete various activities to earn PAWS points. These points are expected to convert into $PAWS tokens in the future, as the token is expected to launch on March 18, 2025.

Key Features of PAWS:

Earn Rewards: Users gain PAWS points by actively engaging in Telegram groups, reading articles, and completing mystery tasks.

Connect Wallets: PAWS supports TON wallets and now focuses on Phantom Wallet for Solana users.

Leaderboard & Voting: Users can compete for top ranks and vote on upcoming community projects.

Referral System: Inviting friends earns users 10% of their referrals’ PAWS points.

NFT Integration: PAWS has launched NFT vouchers on Solana’s Magic Eden, generating over 100,000 transactions.

Unlike traditional financial incentives based solely on token speculation, PAWS focuses on consistent engagement. By keeping users involved in daily activities, it creates a sustainable ecosystem rather than one based on short-term hype.

The Move from TON to Solana

PAWS’ journey took a dramatic turn when Telegram changed its policies, forcing all Mini Apps to operate exclusively on TON. This shift centralized the ecosystem and restricted blockchain projects from being multichain. Faced with two choices—stay inside Telegram’s walled garden or break free—PAWS chose freedom.

This meant deleting their Mini App and Telegram channel, a bold move that could have destroyed a less resilient project. Instead, PAWS migrated to Solana, bringing with it an enormous user base. The impact was immediate:

● 9M+ new Phantom Wallet downloads, making it one of the most downloaded crypto apps globally.

● 1M+ new funded Solana addresses, introducing many users to the Solana ecosystem.

● Significant traffic boost to Solana-based apps, proving that Telegram’s retail-heavy audience can transition to decentralized blockchain platforms.

By moving to Solana, PAWS has positioned itself for long-term growth outside the control of centralized platforms.

PAWS Goes Live on Bitget

PAWS continues to grow, with ambitious plans for the future. The project aims to expand beyond Solana by exploring integrations with Ethereum and Layer 2 networks. Additionally, it seeks to enhance its ecosystem through DeFi and gaming features, including staking, liquidity pools, and in-game rewards. PAWS also envisions itself as a full-fledged Web3 brand, following a path similar to Bored Ape Yacht Club (BAYC), which transitioned from NFTs to a global franchise.

Ultimately, PAWS is proving that SocialFi is more than just a passing trend. It has set new records, navigated significant challenges, and emerged stronger by embracing decentralization. By choosing Solana over the constraints imposed by Telegram’s policies, PAWS has made a bold statement about the value of blockchain freedom.

Trade PAWS on Bitget Pre-Market and seize the opportunity now!

PAWS on Bitget Pre-Market

PAWS is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it!

Start time: 10 March, 2025

To use Bitget Pre-Market, follow these simple steps:

Step 1: Go to the Bitget Pre-Market page.

Step 2:

○ For Makers:

■ Choose the desired token and click on ‘Post Order’.

■ Specify Buy or Sell, enter price and quantity, review details, then confirm.

○ For Takers:

■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm.

For detailed instructions on how to use Bitget Pre-Market, please read Introducing Bitget Pre-Market: Your Gateway to Early Coin Trading.

Get PAWS on Bitget Pre-Market now!

 

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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