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Telegram Introduces Stars, a New In-App Currency. 💎⭐
Telegram has recently launched Stars, a new in-app currency designed to transform digital transactions within its mini apps ecosystem. This development coincides with the remarkable success of Toncoin (TON), which recently achieved a record-breaking price of $7.75.
Stars, the innovative in-app currency, empowers users to make purchases within the Telegram platform. Users can acquire Stars using fiat currency via iOS, Android, or directly through the Telegram app. Stars can be utilized within Telegram's mini apps ecosystem, including popular games like Notcoin and Hamster Kombat.
Developers within the Telegram ecosystem can also benefit from Stars by withdrawing their earnings in Toncoin through Fragment, Telegram’s dedicated marketplace. This flexibility enables developers to explore various opportunities within the cryptocurrency realm. Moreover, developers retain a significant portion of revenue from in-app purchases, fostering innovation and enhancing earning potential.
To counter the challenges posed by traditional app store commissions, Telegram is implementing ad subsidies purchased with Stars. This strategic move aims to reduce the impact of platforms like Apple and Google, which typically impose a 30% commission on in-app purchases.
Telegram's collaboration with Tether further strengthens its commerce platform by seamlessly integrating cryptocurrency into the Telegram ecosystem. This strategic partnership underscores Telegram's dedication to cultivating a dynamic and vibrant marketplace for digital goods and services.
The introduction of Stars arrives amidst growing interest in Telegram's crypto ventures. Notably, Notcoin, a game token linked to one of Telegram's mini apps, has experienced a remarkable surge, reaching a $2 billion market cap.
