Telegram Stickers and Emojis to Become TON Chain NFTs
Pavel Durov, the CEO of the messaging app Telegram, recently announced plans to convert the platform’s stickers and emojis into non-fungible tokens (NFTs) and store them on the TON blockchain. Durov made this announcement during the Token 2049 event in Dubai.
In other words, users will be able to trade or collect stickers and emojis in the form of NFTs, similar to purchasing LINE stickers. This update will further integrate Telegram’s messaging app with the TON ecosystem and expose more users to blockchain technology.
Durov emphasized the high usage of stickers in Telegram, with over 700 billion sticker shares per month. This highlights the essential role stickers and emojis play in user interactions on the platform.
Additionally, the stablecoin USDT has recently expanded to the TON network, providing opportunities for its 900 million users to engage with blockchain technology.
“We believe that NFTs should be deeply integrated into human culture, social interactions, and our way of communication. These NFTs will be viewed billions of times and have the potential to rapidly expand through viral transmission. This is the right approach for NFTs, and that’s why we are tokenizing Telegram stickers,” said Durov.
Integration of Blockchain Technology with User Life
Apart from tokenizing stickers into NFTs, Tether, the issuer of the stablecoin USDT, and the gold-backed stablecoin XAUT have also expanded to the TON blockchain. This enables users to directly purchase and trade stablecoins on the TON blockchain.
Furthermore, Telegram users who have not yet explored Web3 can now have a lower barrier to entry into cryptocurrencies. Stablecoins, linked to traditional currencies, are easier for users to understand and accept. Telegram, with its 900 million-plus user base, has the potential to introduce a significant number of people to blockchain technology.
Tether stated that this integration strategy primarily aims to increase the activity and liquidity of the TON ecosystem, making it easier for developers and users to access stable funding and hold or trade USDT using TON wallets. Paolo Ardoino, the CEO of Tether, believes that this strategy aligns with his goal of “promoting open financial infrastructure in the blockchain space.”
TON, a rapidly growing blockchain, has a close relationship with Telegram. Its native token, Toncoin, has increased by approximately 135% in the past year, firmly establishing its position in the top 10 cryptocurrencies by market capitalization.
The continuous integration of the TON ecosystem with Telegram raises the question of whether it will become a key player in the widespread adoption of Web3, a topic that many in the cryptocurrency community are closely watching.
Source:
CryptoSlate
NFTplazas