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Cryptocurrency News Articles

Telegram Launches TON-Based Advertising with Enhanced Control and Rewards

Apr 01, 2024 at 03:01 pm

Telegram, a popular messaging platform, has introduced TON-based advertisements that allow users to purchase ads using Toncoins, a cryptocurrency powered by the TON Blockchain. This new advertising model offers advantages such as low transaction fees and high transaction speeds, while granting advertisers control over the placement and budget of their ads. Channel owners will also receive a substantial portion of the revenue generated from ads displayed in their channels, providing them with an additional revenue stream.

Telegram Launches TON-Based Advertising with Enhanced Control and Rewards

Telegram Unveils TON-Based Advertising with Enhanced Control and Rewards

In a significant development, Telegram, the popular messaging platform, has introduced TON-based advertising, enabling users to purchase advertisements using Toncoins, the native cryptocurrency of the TON Blockchain. This groundbreaking feature offers a host of advantages for advertisers and channel owners alike.

Granular Control and Cost-Effective Advertising

TON-based ads provide advertisers with unprecedented control over their campaigns. Advertisers can precisely target specific channels and segments of the Telegram user base to ensure maximum reach and effectiveness. Moreover, the TON Blockchain's low transaction fees and high-speed transactions make advertising on Telegram a cost-effective proposition for businesses seeking efficient solutions.

Generous Reward System for Telegram Channel Owners

Telegram has introduced a generous reward system that grants channel owners 50% of the revenue generated from advertisements displayed in their channels. This innovative model aligns incentives and provides channel owners with a substantial opportunity to monetize their content. Given the staggering viewership numbers on Telegram channels, channel owners can potentially earn significant revenue through this program.

Fragment Withdrawals Enhance Monetization Opportunities

Telegram's recent introduction of withdrawal capabilities for channel owners on Fragment further enhances the appeal of its reward system. This additional revenue stream empowers channel owners to expand their channels and explore new monetization strategies.

Telegram's Commitment to Decentralization

Amidst concerns about the concentration of Toncoin (TON) supply within Telegram's ecosystem, CEO and Founder Pavel Durov has outlined a comprehensive plan to maintain decentralization and stability. Telegram intends to limit its share of Toncoin to approximately 10% of the total supply, ensuring a more equitable distribution of the cryptocurrency and fostering a healthy ecosystem.

Toncoin's Market Performance and Investor Sentiment

Despite concerns about centralization, Toncoin has demonstrated resilience in the market. As of reporting time, Toncoin trades at $5.24 USD with a 24-hour trading volume of $198.8 million, giving it a market cap of $18 billion. Despite market volatility, Toncoin has experienced a 1.80% rally in the last 24 hours, indicating positive investor sentiment and confidence in its long-term prospects.

Additional Insights and Analysis

The introduction of TON-based advertising and the generous reward system for channel owners marks a significant step forward for Telegram's monetization strategy. These features unlock new revenue streams for Telegram and its channel owners while providing advertisers with a cost-effective and targeted advertising platform.

However, it remains to be seen how Telegram's commitment to decentralization will impact the long-term trajectory of Toncoin. The market will closely monitor any developments in this regard and its potential implications for the cryptocurrency's value.

As the digital advertising landscape continues to evolve, Telegram's innovative approach to monetization is likely to shape industry practices and provide valuable insights for other platforms seeking to tap into the potential of blockchain technology.

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Other articles published on Nov 08, 2024