Gilles Lambert | Unsplash
If there is something clear, it is that every major platform will evaluate including a system based on blockchain technology at some point. Cryptocurrencies not only influence the market to become active and generate a significant flow of money, but behind each of the projects, there are truly amazing ideas that bring us closer to cutting-edge technologies that could change our initial perspective on it.
I even consider that the most important thing about a cryptocurrency is its utility beyond being an exchange asset that may or may not have volatility that could benefit us in the short, medium, or long term. At that point, we could gain experience trading on different exchanges and become day traders overnight when the enthusiasm merits becoming good at it, otherwise we could suffer losses.
Dima Solomin | Unsplash
Technology designed by Telegram
It cannot be overlooked that Telegram has evolved significantly as a messaging platform. It has even been said to be far ahead of WhatsApp (for example, the latest updates on the latter already occurred in Telegram). Although truth be told, perhaps its approach is a bit different, leaning much more towards what is almost total privacy.
Amidst each addition that came up, something finally emerged that could be very encouraging for crypto-enthusiasts. But it was foreseeable due to rumors encouraging a payment system (especially with the appearance of Telegram Premium and ways to authenticate membership).
The TON network may involve syncing a Web3 wallet with Telegram. It is a decentralized blockchain with many purposes related to decentralized finance and one of them is managing funds using Toncoin as the key cryptocurrency. What is interesting about this is that one of the network's characteristics is that it provides cutting-edge security by having algorithms that protect all transactions through advanced cryptography facilitated by AI.
CoinMarketCap | Toncoin (TON)
Buying ads using Toncoin
Ad revenue seems to be an idea that is being taken into serious consideration on platforms that are starting to grow significantly in audience. It is clear that any type of growing system can include it and benefit from its adoption. In this case, what was announced is that Telegram users will be able to buy ads using a few Toncoin, and use them to promote bots and channels.
At the same time, channel owners will be able to earn a 50% revenue share if they meet the requirement of having more than 1000 subscribers, which in my opinion does not seem impossible considering the visibility that can be obtained there.
The revenue sharing will be in the Toncoin cryptocurrency, which I find correct because it can provide access to a new way of managing income and accessing the potential of the network and all its variants.
Telegram Ads
This process must be carried out through the Fragment platform, which by the way was also created for other interesting purposes such as buying and selling usernames and anonymous numbers not linked to a Sim card with which you can log in to Telegram using blockchain technology.
It seems that we are facing very marked ideas related to privacy and security. The fact that this is a separate exchange platform may signify an attempt to safeguard its users, although the truth is that, reading the features of each of the applications, these are the ones that maintain the security of each one who operates them; as we mentioned earlier, through complex algorithms powered by AI.
Fragment platform
What I consider a total success is that the rewards obtained for ads that owners allow to be included in their channels will be distributed in Toncoin, ensuring that they can be used immediately such as purchasing premium subscriptions, reinvesting in Ads, or using them as mentioned above through Fragment. The interesting part is that the rewards can be withdrawn without charges; pretty cool.
The rebirth of a main plan
The SEC also intervened in one of the plans which was to develop TON and an entire financial environment in which it was accused of illegally managing 1.7 billion dollars through an ICO, previously promoting a cryptocurrency called GRAM.
At that time, Telegram had to refund investors and pull out of the project, but it was not until later that the community revived the main plan that is currently being developed using the network under the full name "The Open Network" where the Toncoin cryptocurrency would circulate. This network would stand out for its speed and low fees, making it a very interesting option.
Perhaps credit should not only be given to the project being open-source, but also to a group of developers who continued with something that could represent a significant advancement for both Telegram and those seeking a new way to manage their income or growth potential compared to content creators.
- Main image edited in Canva.
- I have consulted information in decrypt.co.
- I have used Hive Translator to translate from Spanish to English.
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