🚀Crypto enthusiasts, buckle up! Pavel Durov, the founder of Telegram, is steering the messaging platform towards integrating blockchain technology through The Open Network (TON). Recently, he endorsed the TON Blockchain spin-off project, Toncoin, which came as a surprise since Telegram had abandoned TON in 2020. Durov stated, “I was inspired to see the champions of Telegram’s coding contests continue developing the open TON project, which they rebranded to Toncoin.” 🎉
🔒Durov, a staunch defender of user privacy, has emerged as a controversial figure in the crypto space. He's been critical of governments' surveillance practices and has made Telegram a haven for privacy-conscious users worldwide. Even the main memecoin on Telegram, Resistance Dog (REDO), refers to freedom.
🚀Durov's endorsement of Toncoin sparked a nearly 30% spike in the token price. He emphasized that Toncoin is independent from Telegram but wished the team the same success. He stated, “Coupled with the right go-to-market strategy, they have all they need to build something epic.”
🎯Durov outlined Telegram’s evolution beyond messaging, aiming to transform it into a crypto empire. Telegram plans to introduce features for buying assets and creating NFTs, with significant revenue shares. USDT recently launched on the TON blockchain, integrating tightly with Telegram’s services for broader access.
🐦Follow Durov's official Twitter account @durov for more updates on Telegram and the crypto world.
What are your thoughts on Telegram's blockchain journey? Let's discuss in the comments below!