O Telegramone of the most popular messaging platforms in the world, is about to transform its users’ experience with the introduction of the virtual wallet blockchain TON (The Open Network).
This innovation will allow users to trade cryptocurrencies directly through the application, revolutionizing the crypto universe.
Ton Wallet, as it is called, will be incorporated as an applet in Telegram’s settings and menus. This will make it easier than ever for users to explore and enter the world of Web3.
Revolutionizing the reach of blockchain
The new feature is scheduled to be launched in November, but will only be available in countries that do not have regulatory restrictions against Telegram.
Currently, countries such as the United States, Russia, China, Iran, Germany and Belarus have restrictions that limit access to the messaging application founded by brothers Nikolai and Pavel Durov.
However, for places where Telegram is widely used and legal, this new functionality promises to be a great addition.
Image: Getty Images/Reproduction
Telegram’s history with blockchain technology is marked by ups and downs. The original project, known as Telegram Open Network (TON), was abandoned in 2020 due to a lawsuit from the US Securities and Exchange Commission, which sued the company for an unregulated initial coin offering worth $1.7 billion.
However, the community of open source developers and blockchain enthusiasts took control and founded The Open Network Foundation (TON Foundation), which now supports the development of The Open Network (TON), the blockchain that will have applications within the blockchain itself. Telegram.
The CEO of the messaging app, Pavel Durov, shared his vision about this new venture through his channel on the platform. He commented on the success of the experiment with Fragment, a TON-based auction platform that allowed trading of IDs and usernames in the messenger.
According to Durov, “Telegram sold $120 million worth of digital assets at auctions, while early buyers saw a 27x increase in the value of their assets after just 9 months.”
For Durov, Ton Wallet represents a significant step in offering resources in the platform from Telegram and promises to present “a whole new dimension of Web 3.0 for hundreds of millions of users“.
With this integration, Telegram positions itself as a key player in the growing internet economy. cryptocurrenciesproviding a more complete experience for its users around the world.
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