Telegram’s New System for Content Creators to Earn Toncoin

This initiative aims to strengthen the integration between the platform and its creators. Users can now send stars to content creators, which can be converted into TON or used for advertising services. This development marks a significant step in Telegram’s ongoing expansion efforts.

Telegram’s Evolution into a Crypto-Friendly Platform

Telegram and the Open Network are collaborating to transform the app, which boasts nearly a billion users worldwide, into a rich platform with mini-apps and cryptocurrency features. Although The Open Network (TON) was initially developed by Telegram, the company halted the project in 2020 following a lawsuit from the U.S. Securities and Exchange Commission. Despite this, developers have continued to build on the network, making it increasingly popular through mini-games and various applications.

Integration of TON into Telegram’s Ecosystem

Since its inception, Telegram has integrated TON into its ecosystem, particularly in advertising efforts. Interestingly, while Telegram has incorporated TON, it does not manage the TON network. Among the available features, users can send Bitcoin and USDT through the app. However, these functionalities were not initially designed by Telegram but were integrated as part of its broader cryptocurrency initiatives.

According to CoinGecko, TON is currently the ninth-largest cryptocurrency with a market capitalization of $17.7 billion. As of the latest data, TON is trading at $6.67, having decreased by $0.43 in the past 24 hours. There is speculation that as Telegram’s mini-games attract more users, the price of TON could rise. However, this information is not investment advice, and users are encouraged to conduct their own research before making any financial decisions.

Telegram’s latest system to reward content creators with Toncoin represents a strategic enhancement, reflecting the platform’s efforts to become a crypto-friendly environment. By integrating TON, Telegram not only provides new monetization methods for creators but also enriches its platform with cryptocurrency functionalities. As TON continues to grow, it will be fascinating to see how these developments shape the future of both Telegram and its vast user base.