Fun

Telegram ad platform to launch via TON blockchain

News Feed - 2024-02-28 10:02:03

Zoltan Vardai10 hours agoTelegram ad platform to launch via TON blockchainTelegram channel owners will start receiving 50% of all advertising revenue generated in their channels.8224 Total views12 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksOnline messaging application Telegram has announced the launch of its ad platform, which was built on The Open Network (TON) blockchain.


Starting in March, Telegram channel owners in over 100 countries can start receiving financial rewards for their work after the ad platform opens for all advertisers. Channel owners will start receiving 50% of the total advertising revenue generated by Telegram from displaying ads in their channels, according to an announcement on Feb. 28 by Pavel Durov, the founder and CEO of Telegram.


Telegram Ad Platform will exclusively use the TON blockchain to make payments, according to the announcement.


“Similar to our approach with Telegram usernames on Fragment, we will sell ads and share revenue with channel owners in Toncoin. This will create a virtuous circle, in which content creators will be able to either cash out their Toncoins — or reinvest them in promoting and upgrading their channels,” Durov said.


TON blockchain’s Toncoin (TON) rose 13.86% in the 24 hours leading up to 12:40 pm UTC to trade at $2.49. The token is up over 14% in the past seven days. TON has an $8.6 billion market capitalization as the 15th-largest cryptocurrency on CoinMarketCap.Toncoin, weekly chart. Source: CoinMarketCap


Broadcast channels on Telegram generate over one trillion monthly views, but only around 10% of these views are monetized via Telegram Ads, a privacy-focused promotional tool.


Telegram is the fourth most popular online messaging application worldwide, behind WhatsApp, WeChat and Facebook Messenger. Telegram has around 196 million daily active users and 800 million monthly active users, according to data from Bankmycell.


Related: Bitcoin approaches $60,000 after 3.7% daily gain


Interest in the TON blockchain continues to grow. In November 2023, Animoca Brands announced that it would become the largest validator on the TON blockchain and aims to build blockchain-based games on Telegram.


Speaking exclusively to Cointelegraph at the Next Block Expo event in Berlin, Germany, Animoca Brands chairman Yat Siu confirmed that the validator agreement involved the purchase of an undisclosed amount of Toncoin, which was staked by the firm. Siu told Cointelegraph:“We actually think that’s a tool for mass onboarding with TON wallet. There are 800 million users on Telegram using TON. What’s not to be excited about?”


Related: Backpack crypto exchange’s success is a testament to a maturing industry: Founder# Business# Adoption# Telegram# TONAdd reactionAdd reactionRead moreGemini to return at least $1.1B to Earn customers in settlement with NYDFSFrom zombie to unicorn: VCs discuss startup turnaround at Web Summit QatarBitcoiner wants to plant the orange flag on top of Everest

News Feed

Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
Ciaran Lyons3 hours agoBitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — AnalystBitcoin’s dominance in the crypto market is “now losing major support” and has potentially even “peak
Texas Just Backed Bitcoin: Best Crypto to Buy as States Embrace $BTC Reserves
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ezra Reguerra15 minutes agoBase Network hits almost 2M transactions in a day, still lags Polygon, BSCBase surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind
Bitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K?
Zoltan Vardai7 hours agoBitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K?The Bitcoin chart flashed a crucial buy signal for investors, but BTC still faces significant resistance at
Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC The U.S. city of Miami is going full bitcoin. The city com
Amaka Nwaokocha12 hours agoHong Kong issues rules for asset tokenization as interest mountsHong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulat
Martin Young4 hours ago‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victoryBitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains.2891 To
Ana Paula Pereira4 hours agoVessel Capital secures $55M to invest in Web3 infrastructure: ReportThe venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach
GBTC outflows meet 'incredible demand' ― 5 things to know in Bitcoin this week
William Suberg26 minutes agoGBTC outflows meet "incredible demand" ― 5 things to know in Bitcoin this weekBTC price attempts to challenge overhead resistance as market observers hope for resumption of the Bitcoin ETF f
OpenAI makes ChatGPT ‘less verbose,’ blurring writer-AI distinction
Amaka Nwaokocha1 hour agoOpenAI makes ChatGPT ‘less verbose,’ blurring writer-AI distinctionThe update could worsen the ongoing challenge of writers sounding like AI despite having written the articles themselves.370
Brand New Protocol, DIGITALAX, Brings NFT Adoption Into the Real World
Brand New Protocol, DIGITALAX, Brings NFT Adoption Into the Real World DIGITALAX, a digital fashion focused NFT protocol on Ethereum, launched less than 2 months
Bitcoin halving not priced in to ‘full extent’ — D8X founder
Zoltan Vardai13 hours agoBitcoin halving not priced in to ‘full extent’ — D8X founderDespite a new Bitcoin all-time high, markets are still yet to price in the upcoming Bitcoin halving, Basile Maire told Cointelegr