Telegram Announces Brand New Blockchain Features

With the announcement of ground-breaking blockchain features at the Token2049 conference, Pavel Durov, the creative force behind Telegram, has sparked a fresh surge of enthusiasm in the cryptocurrency space.

Telegram is offering novel features focused around the TON token, targeted at expediting transactions for its large user base, in an effort to democratize the use of cryptocurrencies. Now, channel administrators may earn money from their platforms by taking Toncoin (TON) in exchange for advertising services. Additionally, TON tips let users show admins how much they appreciate them, and authors profit from revenue splits.

NFT Stickers and User-Friendly Accessibility

A highlight among the new features is the introduction of sticker trading as Non-Fungible Tokens (NFTs). Noteworthy is the generous revenue share, with sticker artists retaining 95% of the sales proceeds. Additionally, Telegram’s forthcoming mini-apps will enable seamless crypto transactions for purchasing content and sharing TON directly with contacts.

Durov emphasized the simplicity of these updates, affirming, “For 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.” These features require no programming expertise, ensuring accessibility for all users.

As part of an initiative to improve security and give users more control, Telegram will soon allow users to access their accounts using bitcoin wallets. Additionally, users will have the option to register account names’ rights, allowing them to be sold if they so want.

With these cutting-edge features, Telegram is poised to revolutionize blockchain integration in social media platforms. When these updates are released, they need to enhance user experiences by integrating bitcoin transactions with regular social network exchanges.