Telegram has launched a new online marketplace to auction rare usernames and channels. This web shop has been built upon the Telegram Open Network (TON) blockchain, which was first thought of by app founders Durov brothers in around 2018. Later in 2022, the TON mainnet went fully live and operational. Via this marketplace, the instant messaging app will auction four or five letter handles and make shorter usernames available for people.
The launch of this blockchain marketplace is intended to accelerate the adoption of the technology, that also makes for the underlaying backbone of cryptocurrencies.
“For the first time, social media users will be able to transparently prove that they own their handles,” Andrew Rogozov, founding member of the TON Foundation, was quoted by CoinTelegraph as saying.
The first auction of usernames on Telegram’s marketplace will last for a week. However, the date of the start of this auction remains unclear.
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