Telegram CEO Pavel Durov has announced plans to boost the messaging app’s blockchain initiatives.
Durov wrote on his Telegram channel: “2024 will go down in history as the year when hundreds of millions of people become familiar with blockchain. Telegram is proud to be at the epicenter of this social change.”
Telegram and The Open Network( ton
+0.63%
) Blockchain has gained ground in the crypto world in recent months, with tens of millions of gamers using messaging apps as portals to play tap-to-earn games like Hamster Kombat, Notcoin, and Yescoin. All of these clicker games, which allow users to potentially earn cryptocurrencies, utilize the TON blockchain. The Notcoin game alone During the game token generation event, we helped the TON network onboard over 1 million wallets.
““This month, to keep the fire burning, we’ll be introducing a mini app store and an in-app browser with support for web 3 pages,” Durov wrote in the post.
The total locked value on the TON blockchain has grown significantly in recent months. According to DeFiLlama data, TVL first surpassed $300 million in May and has now surpassed $760 million. At the same time, the network’s native Toncoin has risen from just over $2.30 at the beginning of the year to over $7 now, according to The Block Price Page.
The Telegram messaging app has around 900 million users worldwide and is extremely popular with many people who invest in and work with cryptocurrencies.
Durov said Telegram also plans to step up its efforts to combat malicious activity by bad actors.
““We will also be stepping up our efforts to combat scammers who are trying to scam newcomers to the crypto space,” he said. “Soon, we will start displaying the registration month and primary country of public accounts on Telegram (similar to Instagram).”
The Telegram CEO also said the app would allow “organizations to issue labels for their channels using mini-apps and create a decentralized marketplace for third-party verification.”
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