Deepdive
by Miracle Nwokwu
April 3, 2025
Explore PAWS' journey from Telegram to Solana, the reward system, and the latest token listing rumors.
Born as an experiment combining social media interactions with decentralized blockchain technology, PAWS has recently gained attention for creating a new attention economy. With its promised rewards system and rumored token listings, the project has sparked discussions across the cryptocurrency community. This article provides an in-depth look at PAWS, its evolution, functionality, and the latest token listing rumors.
PAWS started as a mini-app integrated within Telegram, one of the most widely used messaging platforms globally. Through its innovative "tap-to-earn" model, the app encouraged users to complete simple social tasks like inviting friends, sending messages, and participating in group activities in exchange for rewards. By December 2024, the app had onboarded over 85 million users and reached 50 million monthly active users (MAU).
However, Telegram’s policy changes in late 2024 posed a challenge. Under the new rules, all mini-apps needed to operate solely on the TON blockchain. Rather than making this switch, PAWS chose to migrate to the Solana blockchain, a platform known for its speed, low transaction costs, and vibrant ecosystem. This strategic decision added to the project’s credibility while enabling further scalability. The platform’s adaptation to Solana triggered 9 million Phantom Wallet downloads within just 48 hours.
At its core, PAWS rewards user engagement through a gamified experience. Previously focused on tracking Telegram interactions like message counts or group activity, the system has now expanded post-migration. Users can connect a Solana-compatible wallet, such as Phantom, and continue earning incentives.
The reward structure emphasizes community growth by allowing users to earn 10% of their referrals’ rewards. To ensure fairness and deter abuse, eligibility for airdrops is considered based on factors like the age of a Telegram account and prior participation in farming activities. Over 62.5% of the total token supply is allocated to users, reinforcing the project’s user-centric ethos.
PAWS’ native token ($PAWS) is the lifeblood of the ecosystem, with a maximum supply capped at 100 billion tokens. Of these, 62.5% have been allocated for community rewards and airdrops, while 7.5% is reserved for Solana’s original community (OGs). The token was minted on February 25, 2025, following the conclusion of a farming phase that ended with a snapshot of eligible users on December 30, 2024.
Initial pre-market trading saw the token priced between $0.0006 and $0.0007 on exchanges such as Bybit. However, as of writing, the pre-market price sits at $0.000546, with a trading volume of $1.4 million recorded in the past 24 hours, per Bybit. While such fluctuations are common in the crypto world, they have raised concerns about the token’s stability and potential long-term value.
Originally, the official listing of $PAWS was anticipated for February 2025. Subsequent delays pushed the expectation to March 18, 2025. By the end of March, however, official communications and cryptic social media teasers from PAWS’ team left the date uncertain. Some speculate the listing could happen by late April, while others suggest further delays may arise.
Despite these setbacks, excitement within the PAWS community remains high. The project’s presence on exchanges like Bitrue, OKX, and MEXC, combined with its alignment with popular meme coin trends, keeps optimism alive. Analysts have projected initial listing prices ranging from $0.007 to $0.01. Optimistic predictions suggest an eventual price climb to $0.03 or even $0.05 in the mid-term, while some die-hard enthusiasts dream of reaching an ambitious $1 valuation.
Uncertainty surrounding the official launch hasn’t dampened social engagement. PAWS’ unique ability to blend humor, transparency, and hype has kept its audience engaged. For example, on April Fool’s Day, PAWS pinning a satirical post featuring a Donald Trump meme led to widespread discussion in the community, sparking rumors about market manipulation and PR stunts.
PAWS’ gamified model and deep community involvement position it as a project that’s equally about entertainment as financial growth.
If you’re interested in PAWS, here’s what you can do:
PAWS has built its reputation on a foundation of innovation and community trust. However, delays in its token listing and price fluctuations underscore the challenges even promising crypto projects face. Whether PAWS can overcome these hurdles and live up to its potential remains to be seen.
Its unique combination of memes, rewards, and blockchain technology has undeniably positioned it as one of 2025’s most intriguing projects. For investors, enthusiasts, and crypto newcomers alike, PAWS could either claw its way to the top or become a lesson in market unpredictability. Keep a close watch on developments.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Author
Miracle Nwokwu
Miracle is a seasoned DeFi writer with over 6 years of experience in the industry. With a keen understanding of market trends, price movements, and trading patterns, Miracle has a passion for unraveling the complexities of the blockchain world. Miracle holds bags in BNB, MATIC, and other valuable cryptocurrencies.
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