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Pavel Durov announced payments in Toncoin to content creators for Telegram chats

During the Token2049 conference in Dubai, Pavel Durov, the creator of VKontakte and Telegram, made an exciting announcement regarding the messenger platform. Content creators on Telegram will now be rewarded with Toncoin tokens, and users will have the option to make purchases using cryptocurrency.

A Russian residing in the UAE, Pavel Durov expressed his active support for financial freedom principles driven by digital technologies and blockchain. The entire project team shares this vision and is committed to developing, supporting, and promoting crypto technologies to make them accessible to a wider audience.

At Token2049, Pavel Durov shared the forthcoming launch details of the reward system for Telegram’s content creators using TON tokens. Starting from next week, users will be able to send tips in TON-based cryptocurrency, whereby the company will retain a 30% commission. Additionally, Telegram will introduce the ability to earn royalties from using usernames and non-fungible tokens (NFTs) created on the TON blockchain. Emojis and stickers, for instance, can serve as NFTs.

Pavel Durov also highlighted that Telegram’s extensive community, with nearly 1 billion active users, already has access to TON Blockchain and Toncoin (TON) tokens for paying targeted advertisements and reinvesting in projects. This decision to utilize TON technology has revolutionized digital advertising and monetization on the platform, according to the messenger’s creator.