Telegram Founder Suggests Auctioning Usernames As NFTs To 700 Million Users
Telegram Founder Pavel Durov has come up with an idea that millions of the service’s usernames and addresses can be auctioned off as NFTs. Durov made this recommendation on his Telegram channel that has more than 651,000 subscribers. Further, Durov pointed out that this move is mostly influenced by TON’s sale of roughly 2,000 .ton […]
Related News
U.S. Congressman Tom Emmer sent a letter to Secretary of the Treasury Janet Yellen regarding the sanctions imposed on the Ethereum decentralized exchange Tornado Cash. The government official called the measures “unprecedented” as they targeted a technology, not an individual or entity. Related Reading: Telegram Founder Suggests Auctioning Usernames As NFTs To 700 Million Users […]
“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wrote. Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched the TON DNS service enabling users to assign....
Telegram said that the development of its marketplace is almost finished, and a launch date will be announced soon. The popular messaging app Telegram has developed a new marketplace that doesn’t involve nonfungible tokens (NFTs). The social messaging platform said that it is all set to launch its marketplace for auctioning unique usernames for social platforms, an idea first floated in August.In an official announcement on its Telegram channel, the firm said that the development phase of the marketplace is near its end. The marketplace is based on its native blockchain called The Open....
Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized.
Telegram Might Receive Web3 Enhancements
Digital companies are starting to see benefits that Web3, NFTs, and user-led digital marketplaces might bring to their operations. Pavel Durov, CEO of Telegram, one of the most popular messaging services linked to....
Announced on Twitter on February 11, 2015, Telebit started to gain traction earlier today. Telegram is an instant messaging app for smartphones, tablets and the web. Similar to Whatsapp, the popular instant messaging app acquired by Facebook in 2014 for $19 billion, Telegram offers better privacy and security, as well as an open protocol and API. These features have gained Telegram 50 million faithful users. A Bitcoin wallet integrated with Telegram, Telebit allows bitcoin to be exchanged among other Telegram users as well as external bitcoin addresses. "The [Telebit] system has been live....