TON jumps 17% as Tether mints $10m in USDT on TON blockchain

Pavel Durov reveals new Telegram blockchain features

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The founder of the Telegram messenger, Pavel Durov, spoke about the future of the TON cryptocurrency.

At the Token2049 conference in Dubai, Durov explained how ordinary Telegram users can use Toncoin (TON). Starting on April 19, the first payments in TON for advertising to Telegram channel administrators will begin. In addition, starting next week, users will be able to leave tips to administrators in TON, with content makers receiving a portion of the income.

Pavel Durov reveals new Telegram blockchain features - 1

Buying and selling stickers in TON as NFTs will also be possible, and sticker artists will receive 95% of the proceeds. Telegram will also have mini-applications where users can buy content for crypto. Telegram users can also share TON with other contacts in correspondence.

ā€œImagine if someone owned this sticker as an NFT when it came out a few years ago. I think the price increases with the challenge. What weā€™ve experienced with again, stickers are very, very popular.ā€

Pavel Durov, Telegram Founder

The founder of Telegram noted that messenger users will also be able to log into their accounts using cryptocurrency wallets. In addition, it will soon be possible to register the rights to an accountā€™s name so users can sell it if they wish.

Per the Telegram founder, all innovations will be available to all users, and no programming skills will be required to use the new functions.

ā€œFor the first time in social media history, you can directly own your username, sell it, put it up for auction, buy multiple usernames, and attach them to your account. ā€œ

Pavel Durov, Telegram Founder

TON recently appeared on the list of blockchain networks on which the largest stablecoin operates by capitalization. The first rumors about the launch of USDT in TON appeared in early April when a joint speech by Telegram founder Durov and Tether head Paolo Ardoino was announced at a crypto conference in Dubai.


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