Introduction

During the second quarter of 2024, the TON (The Open Network) blockchain and the Telegram messaging platform witnessed a significant surge in market activity. This remarkable growth can be attributed to the launch of Notcoin (NOT), the first Telegram mini-game application. Notcoin pioneered the “tap-to-earn” mechanism, a novel approach to incentivizing user engagement and contributions. The widespread distribution of incentives through this mechanism attracted many users to Telegram.

The success of Notcoin’s incentive program inspired other projects to develop and launch their applications within the Telegram ecosystem. As TON was the only blockchain officially supported by Telegram, it became the preferred platform for these projects, significantly expanding both the TON and Telegram ecosystems. Within a month, the combined user base of both platforms experienced a remarkable increase of 20 million.

Following this period of rapid growth, the TON blockchain has consistently evolved into a robust and continuously improving ecosystem. This sustained growth trajectory has catalyzed further development and innovation within its ecosystem.

Among the numerous projects that capitalized on this trend by developing on the TON blockchain and leveraging Telegram’s extensive user base is BBQCoin. BBQCoin is a pioneering gaming platform built on the TON blockchain and has positioned itself as a key player in the ecosystem’s development.

What is BBQCoin?

BBQCoin is an innovative project built on the TON blockchain. It combines GameFi, blockchain, AI, and VR technologies into an engaging gaming system; integrating elements of GameFi, tBTC mining, and decentralized autonomous organization (DAO) into its ecosystem.

BBQCOIN has demonstrated remarkable resilience and innovation, solidifying its presence on the TON blockchain and Telegram. Originally designed as a click-to-earn game, it has evolved through different growth stages and developments. Moving beyond its initial function, it integrated an NFT reward system, augmented reality, and artificial intelligence into its gaming ecosystem.

The platform has undergone a remarkable transformation, transitioning into a mining-based game called tBTC mining. This shift aims to achieve high-value commercial applications, diversifying the ecosystem’s revenue streams from a single incentive model to a broader, more sustainable structure.

BBQCoin also aims to build an ecosystem that simplifies the adoption of Web3 and blockchain technologies for non-crypto users and business owners. By fostering accessibility, it hopes to provide a platform where users can play to earn, explore the potential of cryptocurrencies, discover the best trading and investment opportunities, connect with like-minded individuals, and actively engage with a vibrant community. It focuses on user engagement and provides an immersive platform where players can learn, earn, and enjoy a gamified experience, fostering interaction and growth within the ecosystem.

History and Team of BBQCoin

BBQCoin was launched in Q2 2024, leveraging the advanced features of Telegram and the TON blockchain to meet the increasing demand for gamified and community-focused applications within Telegram.

The team comprises seasoned blockchain and game development professionals driven by a passion for innovation and a commitment to bridging the gap between Web2 and Web3. The main team members behind the project include:

Ehab S.

Ehab S. is a seasoned business leader with extensive procurement and business development expertise. As the BBQ’s Co-Founder and Chief Operating Officer, he is pivotal in optimizing supply chains and establishing strategic partnerships to propel the project’s development.

Isroil S.

Isroil S. is an accomplished marketing and project management professional based in Dubai, focusing strongly on Web3 and AI technologies. He has extensive experience in leadership roles, including serving as Chief Marketing Officer (CMO) at BBQCoin, and is highly skilled in project management and the strategic application of advanced technologies to drive growth.

BBQCoin’s Main Features

BBQCoin aims to be a cross-chain GameFi aggregator, committed to integrating advanced technologies into its gaming ecosystem, giving its players a seamless gaming experience, and expanding its reach to Ethereum and BNB Chain for more interactive and rewarding gaming activity.

BBQCoin boasts a robust ecosystem characterized by distinct features, divided into two primary categories: Player Benefits and GameFi Development Services, each designed to enhance user engagement and support the growth of the GameFi sector.

Players Benefits

Player Benefits are centered on enhancing the gaming experience, ensuring players derive maximum value and enjoyment from the platform. This includes the ability to trade NFTs, in-game items, and points across various GameFi platforms, as well as earning rewards through the platform’s in-game economic system. BBQCoin strives to create an ecosystem that keeps players returning for more by prioritizing elements that foster engagement and player satisfaction.

GameFi Development Service

The GameFi Development Service represents a commitment to continuous innovation, integrated into the platform to enhance the gaming experience. It consists of features developed to ensure a smooth and engaging gaming system, including:

• One-click Token Issuance: This enables GameFi developers to issue game tokens with a single click and list them on the Launchpad to access comprehensive financing services.
• OTC Escrow Trading: This is built with a robust system that prioritizes game asset security and transparency, ensuring players are provided with a genuine GameFi experience. It also ensures a secure, asset-owned ecosystem supported by a reliable trading marketplace, empowering players to fully own and trade their in-game assets.
• Lightweight Games: The BBQCoin ecosystem emphasizes the development of lightweight games, enabling users to participate effortlessly anytime, and anywhere.
• Diverse Game Selection: This is focused on building a variety of games within the TON ecosystem, providing users with a range of options and connecting to their different personalities and choices.

How Does BBQCoin Work?

BBQCoin was originally designed as a click-to-earn game, allowing users to earn tokens by tapping their screens and completing specific tasks to progress through levels and earn points. Also, the platform initially featured a level-up ranking system ranging from levels 1 to 20, where higher levels unlock greater token-earning potential. This ranking system offered users an organized way to track their earnings and bonuses, incentivizing consistent engagement.

BBQCoin is positioned as a next-generation gaming platform, it introduces the innovative “Multiplier Card” feature, enabling players to enhance and control their token earnings by up to tenfold within the game. This unique feature enhances gameplay, giving players greater control over their rewards and fostering a more engaging and rewarding experience.

In addition to its gaming innovations, BBQCoin is building a comprehensive SocialFi and GameFi ecosystem by leveraging Telegram’s extensive user base. By integrating advanced AI and AR technologies, the platform offers customizable in-game rooms that reflect user creativity and preferences. Each room doubles as an NFT, seamlessly merging elements of NFTs and the metaverse.

However, BBQCoin extends far beyond its initial click-to-earn model, it is currently a task-based game, where users participate in tBTC Hash Mining accessible via Telegram bot, @BBQCoin_bot. Users can participate in mining tBTC by interacting with this bot and earn airdropped rewards.

What is tBTC?

tBTC is an open-source project that combines TON and Bitcoin, enabling users to leverage Bitcoin in DeFi applications. With the potential for exponential growth, tBTC is positioned as a project capable of delivering substantial returns.

How tBTC Mining Works?

tBTC employs a proof-of-work mechanism similar to Bitcoin’s mining system. Using the hashcash algorithm, miners validate transactions and generate blocks by solving computational challenges. Rewards are distributed as follows:

• 70% to the first miner to solve the hash
• 30% shared among other participants

tBTC mining operates on a planet-based system, with rewards decreasing over time. It has entered its third planet, code-named ST-2189, with a reserve of 10,050,000 BTC and 100 TON.

Fair Distribution Mechanism

The platform incorporates a “Share” and “Energy” system to ensure fairness. Users can solve captchas using their device’s processing power to earn tokens. However, it’s important to note that the mining process is computationally intensive and uses the processing power of your device, which may cause overheating.

HOW TO MINE TBTC

Here’s a simple step-by-step guide on how to mine tBTC.

• Step 1: Start @BBQCoin_bot on Telegram.

Click on the “Start” button to take you to the bot interface where the mining activity is done.

Source: BBQCoin

• Step 2: Click the “Mine” button at the bottom left corner of your screen.
• Step 3: Start the mining process by clicking the “Start mining” button in the middle of your screen.

Mine at any pace by upgrading the mining power. This could be achieved by purchasing the system key, which automatically gives access to receive the energy Regen speed boost.

Mining power can increased by approximately 24 times when the power mode is activated.

Other Priorities Associated with Mining tBTC

• Rewards: Rewards per block increase gradually and start with 500, promoting sustained participation while preventing early participants from dominating the token supply.
• Difficulty Adjustment: Mining difficulty is reformed automatically at the complete mining of 10 blocks to maintain consistent block generation. As the number of miners increases, so does the difficulty, reducing the risk of accelerated mining.
• Energy: The energy system was integrated to promote fairness within the platform given the mining telegram mini app doesn’t have social features. The energy is applied to place every participant on fair reward, preventing early participants from dominating and providing: Reward Allocation and Full Block Reward. If a single participant mines the block, they receive 100% of the reward.
• Shared Mining Rewards: When multiple participants contribute partial solutions (referred to as shares), the primary miner is awarded 70% of the block reward. The remaining 30% is distributed proportionally among the share contributors based on their contributions.
• Token Distribution: Upon completion, the total supply of in-game tokens will be allocated to miners through the TON blockchain.

What is the BBQ Token?

BBQ serves as the native token of the BBQCoin ecosystem, playing a central role in its functionality and user engagement. It is designed to facilitate seamless transactions within the platform while providing utility and incentives to users.

The BBQ token enhances gameplay and serves as the foundation for a thriving digital economy, connecting players, developers, and investors within the BBQCoin ecosystem.

Main Features of BBQ Token

1. In-Game Currency: BBQ token is used for various in-game activities, including purchasing upgrades, unlocking features, and participating in the platform’s unique offerings like the Multiplier Card system.
2. Rewards and Incentives: Players earn BBQ tokens as rewards for completing tasks, leveling up, and engaging with the platform, thereby driving user motivation and retention.
3. NFT Integration: BBQ tokens are used with the platform’s NFT marketplace, where players can create, trade, and customize in-game assets, including rooms that double as NFTs.
4. Cross-Chain Compatibility: Built on The Open Network (TON) blockchain, BBQ token offers scalability and cross-chain interoperability, ensuring a seamless experience for users across Ethereum and BNB Smart Chain.
5. Ecosystem Growth: BBQ token powers the broader GameFi and SocialFi ecosystem, enabling the integration of AI, AR, and blockchain technologies to create a dynamic and engaging environment.

BBQCoin’s (BBQ) Tokenomics

BBQ’s total token supply is 500 million. Token allocation is distributed across key areas which include the Ecosystem Fund, Web3 Gaming (in-game rewards for players), Community Airdrop, Team allocations, and others, as illustrated in the accompanying image.

Source: BBQCoin White Paper

Token Utility

BBQ token serves as a multipurpose token because it plays the following roles:

• Payment: BBQ token is used as a medium of exchange and is traded on the Gate.io cryptocurrency exchange.
• Utility: Holders of BBQ tokens have access to specific products within the platform. The token also facilitates in-game transactions.
• Governance: BBQ token holders are privileged to vote and make decisions regarding project development and profit-sharing mechanisms.

The BBQ token offers multiple use cases within the community, including enabling players to receive a percentage of rewards. Early adopters also gain access to exclusive NFT airdrops for BBQ Rooms. This system is designed to provide players with diverse opportunities to earn and accumulate BBQ tokens through various activities.

Roadmap and Milestones

Source: BBQCoin White Paper

BBQCoin was launched in Q2 2024 to establish a robust GameFi ecosystem. Its initial focus was on the innovative “click-to-earn” model and token staking. Following the successful rollout of these features, the team set ambitious goals, including the launch of the unique “Multiplier Card” NFTs for token holders.

It conducted token airdrops for early adopters, active users, and contributors, and listed the project token (BBQ) on major crypto exchanges such as Gate.io by November 2024.

Source: BBQCoin X Account

Players currently focus on performing daily tasks and TON transactions to earn BBQ tokens and other exclusive rewards.

By Q4 2024, BBQCoin accomplished several key milestones, including:

• Introduced token staking capabilities.
• Launched an NFT-based gaming guild system and NFT mining features.
• Debuted on the NFT marketplace and released token issuance and launchpad products.
• Rolled out BBQ Room NFTs and Airdrops, allowing early users to access and customize BBQ Room NFTs.

In Q1 2025, BBQCoin plans to introduce a Trustless Chain Trading and OTC Platform for off-chain asset transactions. By Q2, the platform will launch Social Gaming Platforms and open Gaming Guild APIs to developers. In Q3 2025, BBQCoin aims to integrate AR and AI technologies into the ecosystem, enabling user-created gaming guilds and expanding interactive experiences.

BBQCin’s Notable Partnerships

BBQCoin Collaborates with Stability World AI to Accelerate Community Growth

Source: @stabilityworld.ai/stability-world-ai-x-bbqcoin-538eec7fbb25">Stability World AI

In partnership with Stability World AI, BBQCoin is dedicated to fostering community growth and expanding its Telegram presence. BBQCoin aims to streamline gameplay and enhance the overall user experience by leveraging cutting-edge artificial intelligence technology from Stability World AI.

Stability World AI is an all-in-one generative AI platform designed specifically for Web3 users. It offers a state-of-the-art content creation suite and customizable AI solutions via APIs, making it a vital resource for delivering high-quality innovations across various Web3 industries.

BBQCoin Partners With Catizen to Build on the TON Blockchain

Source: Catizen X Account

BBQCoin collaborated with Catizen to jointly develop their ecosystems on the TON blockchain. The collaboration capitalizes on Catizen’s community of over 6 million users, further strengthening BBQCoin’s presence and fostering increased participation across its platform.

Catizen is a popular play-to-earn mini-app game on Telegram where players manage a virtual cat café, merge cats to create unique hybrids, and earn an in-game currency called vKITTY.

Is BBQCoin a Good Investment?

BBQCoin presents an investment opportunity due to its innovative integration of GameFi, SocialFi, blockchain, and advanced technologies like AI and AR. Its features, such as customizable in-game NFTs and the “Multiplier Card” system, create unique user experiences. The platform benefits from diverse revenue streams, including in-game purchases, NFT sales, and transaction fees, which enhance its resilience.

BBQCoin is backed by a team of seasoned professionals in blockchain, game development, and marketing, and it’s positioned for growth with a clear roadmap encompassing AR/AI integration, social gaming platform launches, and gaming guild API expansion.

However, investors should consider risks such as market volatility, competition in the GameFi sector, and operational challenges tied to its reliance on evolving technologies. Due diligence and close monitoring of milestones and community engagement are essential for making informed decisions.

How to Own BBQ?

To own BBQ, you can use the services of a centralized cryptocurrency exchange. Start by creating a Gate.io account and get it verified and funded. Then ,you are ready to go through the steps to buy BBQ.

Take Action on BBQ

Check out BBQ price today and start trading your favorite currency pairs:

• BBQ/USDT