Toncoin

Telegram will reward channel owners with an equal share of ad revenue starting in March, with payments made in Toncoin. 
Telegram founder Pavel Durov <a href="https://web.telegram.org/a/#-1001006503122" target="_blank" rel="noopener">said</a> the private messaging giant would split ad revenue with broadcast channel creators to incentivize community building and in-app content sharing further. 
<blockquote class="wp-block-quote"> 
 In March, the Telegram Ad Platform will officially open to all advertisers in nearly a hundred new countries. Channel owners in these countries will start receiving 50% of any revenue that Telegram makes from displaying ads in their channels. <cite>Pavel Durov, Telegram founder</cite>
</blockquote> 
Broadcast channels generate one trillion views per month, but only 10% of this traffic is monetized, according to Durov’s channel, which has 1.6 million subscribers.&nbsp; 
Durov also noted the <a href="https://crypto.news/ton-blockchain-crippled-by-bitcoin-ordinals-style-token-transactions/" target="_blank" rel="noreferrer noopener">TON blockchain</a> will serve as the exclusive payment rail for ad revenue sharing. TON blockchain was <a href="https://crypto.news/the-open-network-ton-confirmed-to-be-the-worlds-fastest-and-most-scalable-blockchain/" target="_blank" rel="noreferrer noopener">confirmed</a> by Certik as the fastest and most scalable blockchain in November, clocking over 104,000 transactions per second on a public live-streamed test. 
 You might also like: <a href="https://crypto.news/ton-hits-world-record-for-blockchain-speed/"> TON hits world record for blockchain speed </a> 
TON blockchain is expected to facilitate quick and secure Toncoin (<a href="https://crypto.news/price/toncoin/" target="_blank" rel="noreferrer noopener">TON</a>) payments for creators. TON jumped over 20% after the news was shared on Feb. 28, per CoinMarketCap data. 
<blockquote class="wp-block-quote"> 
 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 <cite>Pavel Durov, Telegram founder</cite>
</blockquote> 
<a href="https://crypto.news/telegrams-ipo-preparation-presentation-leaked-online/">Telegram</a> is not the first social network to introduce an ad revenue-sharing scheme with active contributors. X also shares ad revenue with verified creators who meet impressions and content requirements, allowing users to benefit from their work.&nbsp; 
However, where Durov’s platform boasts a 50% split paid in cryptocurrency, Elon Musk’s app reportedly keeps the bulk of ad money and pays creators in fiat currency via Stripe.&nbsp; 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="456" src="https://crypto.news/app/uploads/2024/02/Screenshot-283-1024x456.png" alt="Telegram" class="wp-image-14253431">
 <figcaption class="wp-element-caption">
 TON daily chart | Source: CoinMarketCap
 </figcaption>
</figure> 
 Read more: <a href="https://crypto.news/ton-what-you-should-know-about-blockchain-by-telegram-team/"> TON: What you should know about blockchain by Telegram team </a>

Telegram to share 50% of ad revenue through TON blockchain

crypto.news

Other articles published on Feb 28, 2024

Excitement Grows as Bitcoin Surges in the Crypto Market

Ethereum ETFs in the Spotlight as SEC Meetings Loom

Binance Coin (BNB) Shows Strength Towards ATH As BTC Recovers; Rebel Satoshi ($RBLZ) Is A Project...

Could VeChain’s Major Announcement Spark a VET Bull Run?

Dan Tapiero Predicts Bitcoin (BTC) Price Surge to $90K-$200K

DOT Price Prediction: DOT Witnesses Pullback, Can It Reach $10?

Join our free newsletter for daily crypto updates!