Telegram Takes a Bold Step into Web 3.0 with TON Wallet Integration: Pavel Durov
Pavel Durov, the CEO of Telegram, recently announced the integration of TON Wallet into the Telegram platform. This exciting development, unveiled via a Telegram channel post, marks a significant step forward in the company’s ongoing commitment to advancing blockchain technology.
Years ago, Telegram introduced the Telegram Open Network (TON), a highly scalable and fast blockchain technology designed to cater to the needs of hundreds of millions of social media users. Since 2020, the TON technology has been nurtured and enhanced by the open-source community. Last year, Telegram opened the doors to a new era by allowing its users to buy and sell Telegram usernames and IDs on Fragment, a TON-based auction platform. The results were nothing short of extraordinary.
Telegram’s foray into digital asset auctions was a resounding success, with the company netting a staggering $120 million in sales. Notably, early buyers of Telegram-related digital assets, including Telegram anonymous numbers, witnessed a remarkable 27-fold increase in the value of their investments in just nine months. This impressive performance underscored the vast potential of Web 3.0 on the Telegram platform.
For the first time in history, users could directly own their social media identities, a revolutionary concept that turned heads in the tech world. Buoyed by this success, Telegram is now taking the plunge into deeper integration of blockchain technologies.
To achieve this, Telegram collaborated with the TON community to incorporate TON Wallet into the Telegram platform as a mini-app. Starting this November, TON Wallet will become an integral part of the settings and attachment menus for all Telegram users outside the United States and select other countries. Those eager to get a sneak peek of the forthcoming feature can already spot the wallet option in the menus by adding “@wallet” and ensuring they have the latest version of Telegram installed.
The integration of TON Wallet into Telegram holds immense promise, ushering in a new dimension of Web 3.0 for the platform’s hundreds of millions of users. This move will not only empower users to manage their digital assets seamlessly but also enable developers to explore a plethora of new and valuable features akin to those pioneered on Fragment.
As Web 3.0 continues to redefine the digital landscape, Telegram’s bold foray into blockchain integration serves as a testament to its commitment to staying at the forefront of technological innovation. The integration of TON Wallet promises to revolutionize how Telegram users engage with blockchain technology and digital assets, further solidifying the platform’s position as a pioneer in the evolving realm of decentralized communication.
In the coming months, the tech world will eagerly await the rollout of TON Wallet on Telegram, anticipating the transformative possibilities it will unlock for users and developers alike. With this latest move, Telegram is undoubtedly poised to play a pivotal role in shaping the future of Web 3.0 and blockchain integration across the digital landscape.
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