Telegram Founder Proposing to Build A Market Based On Web3

Telegram founder Pavel Durov floated the idea for a new marketplace where users could use “NFT-like smart-contracts” to transfer usernames. The TON blockchain of his own design is being targeted due to its ability to host a new feature.

Telegram may launch a new marketplace to allow users to transfer usernames via “NFT-like smart-contracts” founder Pavel Durov said in a message on the platform.

“Imagine how successful Telegram with its 700 million users could be if we put reserved @usernames, group and channel links for auction,(…). In addition to millions of catchy t.me addresses like @storm or @royal, all four-letter usernames could be made available for sale.” 

Durov wrote

Durov is eyeing the TON blockchain, which he designed, to host decentralized sales, saying the Telegram team can “write bullet-proof smart contracts for TON” He cited the success of a recent auction TON conducted for domain and wallet names, including wallet.ton which sold for 215,250 Toncoin (about $260,000) and casino.ton for about $244,000.

“Let’s see if we can add a little bit of Web 3.0 to Telegram in the coming weeks,”

Durov said

In addition to t.me addresses like @storm or @royal, all four-letter usernames could be made available for sale, such as @bank, @club and @game.

Toncoin has increased more than 15% in 24 hours after receiving the information.

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