- Telegram co-founder and CEO Pavel Durov introduced the plans at Token2049 Dubai.
- The tokenization mission will use the TON blockchain.
- The value of Toncoin soared because the TON Basis and Tether partnered to convey USDT to the TON blockchain.
Telegram is taking an enormous step within the adoption of its blockchain know-how with a brand new initiative introduced in the present day token2049 dubai,
Pavel Durov, co-founder and CEO of the favored messaging app, revealed this subsequent step on Friday.
Based on Durov, the corporate’s tokenization journey now contains plans to tokenize Telegram stickers and emoji as non-fungible tokens (NFTs).
Telegram is planning tokenized stickers
Telegram’s initiative follows the notable success of tokenized usernames and nameless numbers. Already, customers can generate as much as 95% of income from the sale of distinctive usernames.
Tokenization is the subsequent step in Telegram’s improvement, Durov stated, highlighting the function of blockchain know-how on this. Telegram’s CEO stated the mission will “solely” leverage the Open Community (TON) blockchain.
Commenting on the success recorded thus far, Durov stated:
“We do not wish to keep there. We wish to go additional. You see, we consider in socially related NFTs. We consider in NFTs which are deeply built-in into human tradition, into human interplay, into our communications. NFTs that you could see thousands and thousands of instances and have a excessive potential to unfold virally. These are true NFTs. So the subsequent step we’re going to take is to tokenize Telegram stickers.”
Toncoin (TON)TON, the native token of the blockchain, has surged in current months after Telegram launched its personal ‘advert community’. Customers can now pay for in-platform commercials, with channel homeowners and creators being given a 50% share of ad-revenue beneath the initiative.
Earlier in the present day, TON value rose sharply to $7.20 amid NFT information. The worth of the token additionally elevated after the information of stablecoin issuer Tether Launches its USDT on TON blockchain,
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