Telegram and Toncoin Are Now One: What This Radical Decision Reveals About the Future of the Market

The former messaging platform, previously open to several blockchains, has decided to dive headfirst into the world of Toncoin, which could significantly change the game

Telegram has made a bold decision to forge an exclusive partnership with Toncoin, a move that will significantly impact the crypto ecosystem. Here's a closer look at the decision and its implications.

Previously, Telegram offered mini-apps that operated on various blockchains, including Sui, Solana, and others. However, the messaging giant has now decided to shift towards a more unified crypto experience.

As a result, Toncoin will become the sole blockchain for Telegram mini-apps, offering a streamlined experience for users. This decision aligns with Telegram's broader strategy to integrate crypto into its platform in a meaningful way.

Moreover, Telegram will utilize Toncoin as the exclusive currency for all non-fiat transactions within its ecosystem. This includes premium subscriptions, service purchases, advertisements, and payments to mini-app developers.

In essence, users will be able to pay for Telegram Stars, enjoy Telegram Premium, and conduct other transactions using only Toncoin.

“The future is now,” proclaims the TON team.

Here's a summary of the exclusive use cases for Toncoin:

Premium subscriptions

Service purchases

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Mini-app developer payments

This exclusive partnership aims to bolster TON's presence in the global market and establish Toncoin as a preferred digital payment option.

Beyond payments, Telegram's decision also extends to crypto applications. Mini Apps, which are small features integrated into the messaging app, will now fall under TON's purview.

Specifically, Telegram will integrate TON Connect as the exclusive protocol for connecting mini-apps to crypto wallets. This effectively rules out the integration of other blockchain wallets, such as Solana, Aptos, and others.

For developers, the choice is clear: to integrate blockchain capabilities, they must adopt Toncoin and TON technology.

Furthermore, Telegram is considering the tokenization of digital assets within its ecosystem. Emojis, stickers, and digital gifts will be exclusively created on TON.

This strategy serves to reinforce the use of Toncoin in a subtle yet effective manner, while also capturing users' attention.

Manuel Stotz, president of the TON Foundation and a key architect of this strategic shift, had the following to say:

“Telegram is an essential platform for the global blockchain community, and Toncoin is now its exclusive engine.”

With 700 million users, Telegram offers an unmatched distribution channel for any project.

In closing, it's worth noting that Telegram launched the "Telegram Growth Hub" program last November in an effort to generate a surge in Toncoin's value.

The goal of the initiative is to attract cutting-edge projects and bolster the ecosystem of The Open Network (TON).