Ton blockchain: X policies to drive Telegram adoption

The Ton blockchain group is convinced that implementing a new X policy will draw more people to Telegram and its cryptocurrency functionalities.

Elon Musk’s social media platform implemented a new rule for new members: they must pay a modest annual fee to access advanced features such as News Daily, posting capabilities, liking posts, and saving bookmarks. Musk explained this decision by sharing his concern over the prevalence of bots and fake accounts, which users frequently complain about clogging up their feeds.

Users on the platform had varying responses to X’s recent policy update, with some seeing it as beneficial for cryptocurrency adoption, like The Open Network (TON) blockchain did, when referring to Musk’s actions.

The outcome: A larger number of people are expected to prefer using AD-FREE, uncensored media platforms, similar to Telegram, given that its shareable feature has recently been activated.

Ton blockchain team

Announcing exciting news, @durov revealed that broadcast channels on Telegram in approximately 100 countries will soon start earning revenue shares in $TON for their ads. This move represents a major stride towards making cryptocurrency accessible to a wider audience.— TON 💎 (@ton_blockchain) February 29, 2024

Telegram adds 50% ad share payment via Ton

In February, Telegram’s founder Pavel Durov revealed plans to distribute half of the platform’s advertising revenue via the TON blockchain. This announcement served two purposes: it motivated individuals to host Telegram broadcast channels and functioned as a significant push for global crypto adoption, making digital assets more accessible to people.

According to crypto.news, the long-awaited program became active towards the end of last month, bringing increased functionality to Ton’s native digital currency, Toncoin (TON). Since then, the cryptocurrency has hit new record highs (personal bests) at least twice.

Based on CoinMarketCap’s data, Toncoin, among other digital currencies, retreated and was recently trading at a price 19% lower than its all-time high of $7.65.

Ton blockchain: X policies to drive Telegram adoption

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2024-04-16 18:13