2024

Toncoin

<a href="https://bitcoinworld.co.in/ton-rallies-after-telegram-announced-ad-revenue-sharing-through-toncoin/" title="TON Rallies After Telegram Announced Ad Revenue Sharing Through Toncoin" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Telegram <a href="https://twitter.com/ton_blockchain/status/1762824310631047289">announced</a> that starting Friday, channel owners will receive 50% of ad revenue generated in their channels in Toncoin (TON) and this triggers the TON rally.</li> 
</ul> 
Telegram, the privacy-focused messaging platform, has announced that starting Friday, channel owners will receive 50% of ad revenue generated in their channels, distributed solely in Toncoin (TON).&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 "To ensure ad payments and withdrawals are fast and secure, we will exclusively use the TON blockchain. Similar to our approach with Telegram usernames on Fragment, we will sell ads and share revenue with channel owners in Toncoin." <a href="https://twitter.com/durov?ref_src=twsrc%5Etfw">@durov</a><a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw">#TON</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/c6c46adOV1">pic.twitter.com/c6c46adOV1</a> 
 — TON <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1762824310631047289?ref_src=twsrc%5Etfw">February 28, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
This news propelled TON’s <a href="https://coinstats.app/coins/the-open-network/">price</a> by a staggering 31% within an hour. 
The announcement, made by Telegram founder Pavel Durov on his channel, promises a “virtuous circle” where creators can either cash out their TON or reinvest it in promoting their channels.&nbsp; 
TON spiked from $2.15 to a high of $2.92, its highest level since February 2022, momentarily pushing its market cap above $9.8 billion.&nbsp; 
<figure id="attachment_67400" aria-describedby="caption-attachment-67400" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-67400" src="https://bitcoinworld.co.in/wp-content/uploads/TON-Price-Chart-3-483x300.png" alt="" width="617" height="383" srcset="https://bitcoinworld.co.in/wp-content/uploads/TON-Price-Chart-3-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/TON-Price-Chart-3.png 760w" sizes="(max-width: 617px) 100vw, 617px">
 <figcaption id="caption-attachment-67400" class="wp-caption-text">
 TON Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
It is currently trading at $2.67, and is ranked 15th in the top cryptocurrencies by market capitalization. 
In 2018, Telegram launched the Telegram Open Network (TON) blockchain project, with its native currency, Gram, intended for facilitating transactions and network operations.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/the-uk-introduces-new-rules-to-restrict-illicit-use-of-crypto-assets/" aria-label="“The UK Introduces New Rules To Restrict Illicit Use Of Crypto Assets” (Edit)">The UK Introduces New Rules To Restrict Illicit Use Of Crypto Assets</a> 
However, due to regulatory hurdles from the SEC, Telegram ultimately withdrew from the project in 2020, refunding investors and leaving TON in the hands of its community developers. 
TON has since evolved into an open-source blockchain platform and powers various projects, including the popular engagement-based game and meme coin “Notcoin.”&nbsp; 
Now, Telegram’s decision to integrate TON as its exclusive payout currency for ad revenue sharing marks a significant step for both the platform and the cryptocurrency. 
Durov claims Telegram channels garner a collective trillion views monthly, raising questions about the potential volume of TON distributed through the new program.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/crypto-sector-lost-about-160m-to-hack-exploits-and-exit-scams-in-february-certik/" aria-label="“Crypto Sector Lost About $160M To Hack, Exploits, and Exit Scams In February: CertiK” (Edit)">Crypto Sector Lost About $160M To Hack, Exploits, and Exit Scams In February: CertiK</a> 
While the exact financial details remain undisclosed, the announcement has undoubtedly injected excitement into the TON ecosystem. 
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. 
&nbsp; 
#Binance #WRITE2EARN 
The post <a href="https://bitcoinworld.co.in/ton-rallies-after-telegram-announced-ad-revenue-sharing-through-toncoin/">TON Rallies After Telegram Announced Ad Revenue Sharing Through Toncoin</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

TON Rallies After Telegram Announced Ad Revenue Sharing Through Toncoin

ItsBitcoinWorld

Other articles published on Mar 4, 2024

Interview | MetaMask & Consensys Staking: Exploring Validator Staking on the MetaMask Portfolio

Bitcoin, Ethereum Move Lower; SATS, Mantle Among Top Losers

Shiba Inu Token Prices Soar Significantly in Recent Trade

Will Solana-Based Memecoin See 100x Rally With SOL Price Hitting New ATH In Q2!

Shiba Inu Rises More Than 28% In 24 hours

Crypto Market Cap Tops $2.5T, Bitcoin Price Breaks $64k, While Ethereum Price Surpasses $3,500

Join our free newsletter for daily crypto updates!