Telegram CEO Pavel Durov Hints at Web3 Integration

Telegram CEO Pavel Durov Hints at Web3 Integration

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by Sergio Goschenko
Pavel Durov, CEO of Telegram, has hinted at a collection of Web3 enhancements coming to the favored messaging platform. Durov talked about the advantages that tradable usernames and channel hyperlinks might need sooner or later, making a market the place customers may use them in the identical means Ethereum Identify Service addresses are utilized.
Digital corporations are beginning to see advantages that Web3, NFTs, and user-led digital marketplaces would possibly deliver to their operations. Pavel Durov, CEO of Telegram, one of the vital well-liked messaging providers linked to crypto, has hinted on the integration of some Web3 providers into the platform.
Durov examined the success of a current area title auction on the TON community the place greater than 2,000 domains have been offered for costs as excessive as $260,000. TON is the platform that Telegram dropped in 2020 as a result of a restraining order requested by the U.S. Securities and Trade Fee (SEC) for promoting alleged unregistered securities.
Durov said:
If TON has been in a position to obtain these outcomes, think about how profitable Telegram with its 700 million customers might be if we put reserved @ usernames, group and channel hyperlinks for public sale.
Within the aforementioned public sale, domains like financial institution.ton and on line casino.ton have been offered for prime costs, too.
The creation of a Web3 market would enable customers that at present personal Telegram usernames to promote these to third events and obtain funds for this digital property in the identical means that an NFT could be offered. This may also prolong to group names, whose identities might be purchased by corporations or third events. Additionally, sticker packs and emojis could be included on this proposed market.
Durov defined that this initiative might be constructed on prime of the TON community shortly, as the corporate already has the information of the good contracts construction of the system, on condition that it was initially designed by the Telegram. About this risk, Durov defined:
On the subject of scalability and pace, TON most likely has the perfect know-how to host such decentralized gross sales … we’re inclined to check out TON because the underlying blockchain for our future market.
Whereas Durov didn’t provide extra particulars on the topic, he did point out that this replace could be arriving within the coming weeks. Telegram has already integrated TON into its platform, with customers having the opportunity of sending toncoin, the forex of the TON community, by way of chat, since final Could.
What do you concentrate on the brand new Web3 parts that could be coming to Telegram within the coming weeks? Inform us within the feedback part beneath.
Sergio is a cryptocurrency journalist primarily based in Venezuela. He describes himself as late to the sport, getting into the cryptosphere when the worth rise occurred throughout December 2017. Having a pc engineering background, dwelling in Venezuela, and being impacted by the cryptocurrency growth at a social degree, he presents a distinct viewpoint about crypto success and the way it helps the unbanked and underserved.

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