BlockchainNewsTelegramWeb3

Telegram New Feature Lets Users Sell And Buy Usernames

Users of Telegram are yet able to protect their personal addresses by using the blockchain. An individual’s accounts, channels, or groups can all be linked to a username.

New features are added to Telegram

The well-known cloud-related fast communication service Telegram has introduced a new function that lets clients purchase and trade memorable account addresses in individual pages or groups. On November 11, the brand-new release was made public on the authorized Telegram page.

On the collectible and free trading platform Fragment, Telegram has started an auction for the top usernames. Telegram names are now able to be traded and protected as digital assets thanks to this new feature.

Possession of the collected names will be protected in TON, a quick and ascendable crypto-related system, according to the Pioneering Platform Announcement Memorandum.

Telegram earned billions of dollars from the sale of usernames. Thousands of names associated with popular international brands and celebrities went up for auction less than six hours after launch.

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By selling short usernames, Telegram users reportedly make millions of dollars, according to the Fragment platform. The idea is welcome at Telegram, which gives its users full ownership of their usernames.

Telegram integrates web-3 in social networks

Web3 adoption has reached a new high with Telegram’s new update. Pavel Durov, the creator of Telegram, first brought up the idea of owning usernames on the network in August. The prospect of appending some Web 3.0 was mentioned by Durov earlier this year when discussing the invention.

He expressed his admiration for the success of the TON Foundation domain name auction at the time. He stated that he was very affected with the outcome of TON’s recent app name/wallet auction. Wallet and Casino usernames were sold for respectively two hundred and sixty thousand dollars and two hundred and forty-four thousand dollars. Consider how successful Telegram is if TON can achieve those results.

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It auctioned off booked @usernames, groups, and communication links, with its 700 million users, would make the user experience something really new and unseen before.


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Alexander Fyodorov (Ukraine)

Alexander Fedorov is a new writer on Tokenhell, his articles are about on cryptocurrency news and platform reviews. We recommend keeping an eye on his latest posts as they are always very informative and super interesting.

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