The realm of cryptocurrencies, while based in blockchain, has extended to other fields. Blockchains are indeed super useful for certain applications, but there is also room for centralized, simplified alternatives directed to onboard new users. This is the case of @eCash4Telegram, a telegram wallet bot designed to work in tandem with the eCash blockchain.
eCash4Telegram is a tool to take the advantage of eCash to the popular telegram platform to show users how easy it is to use a superior cryptocurrency, eliminating the technical barrier which is almost always present. The benefit that eCash4Telegram presents is that it doesn’t need a separate wallet to move funds, facilitating the easy introduction of the environment to new users. The clear advantage is that it rides on top of the most popular messaging tool Telegram, which already boasts millions of users using cryptocurrencies, and over 500 Million users for this global app.
Users of eCash4Telegram can do different things while using the bot: they can deposit eCash to make funds available for sending to other users and groups within Telegram. Finally, these funds can also be withdrawn to other wallets or exchanges, and the user can show their balance at any time.
The eCash4Telegram bot also includes a tool that allows knowing the price of eCash in any Telegram chat without directly consulting third-party sources. According to Sunglasses, the developer of the tool, the group is already present in more than 15 groups, and it is expected to keep growing. Sunglasses also revealed some future upgrades for the bot. He stated:
“I plan to add some other group-related functionality such as pay-to-enter or verify-balance-to-enter, for any group owners that want to integrate such things.”