TL;DR
- Telegram plans to tokenize emojis and stickers as NFTs on the TON blockchain.
- Pavel Durov, CEO of Telegram, announced the plans during Token2049 Dubai.
- Toncoin (TON) saw a surge in price after partnering with Tether to bring USDT to the TON blockchain.
Telegram has taken a significant step in the adoption of blockchain technology by announcing its plan to tokenize emojis and stickers as non-fungible tokens (NFTs) on the TON blockchain.
This news was revealed by Pavel Durov, co-founder and CEO of Telegram, during the Token2049 Dubai event.
The Telegram tokenization project builds on the previous success of tokenizing usernames and anonymous numbers on the platform.
With this new initiative, users will be able to earn up to 95% of the revenue generated from the sale of tokenized stickers and emojis, which promises to be a lucrative opportunity for the Telegram community.
The decision to use the TON blockchain for this project is strategic, as it offers a secure and efficient environment for the tokenization of digital assets.
The exclusivity of this blockchain in the project highlights the platform commitment to technological innovation and the creation of robust solutions for its users.
The announcement also positively impacted the price of Toncoin (TON)
After the announcement, there was a significant and considerable rise in the token’s value. This news positively influenced market sentiment and drew the attention of investors and industry enthusiasts.
The collaboration between the TON Foundation and Tether to bring the USDT stablecoin to the TON blockchain also contributed to this increase in value.
In addition to the tokenization of stickers and emojis, the platform has been strengthening its ecosystem with initiatives such as its ‘Ad Network‘, which allows users to pay for advertising on the platform and offers a share of advertising revenue to creators of content.
The initiative to tokenize Telegram emojis and stickers as NFTs on the TON blockchain represents an important step towards expanding the platform’s capabilities and its integration with disruptive technologies such as blockchain and NFTs.
This move demonstrates the company’s continued commitment to offering new opportunities and benefits to its user community.
