After being sued by the Securities and Exchange Commission (SEC), the Telegram platform has not given up its plans to enter Web 3.0. Indeed, through blockchain technology, Telegram will soon offer its 700 million users to buy usernames on The Open Network blockchain (1).
The TON blockchain originally meant Telegram Open Network, and the company behind it had managed to raise the sum of 1.7 billion euros. Recently, the domain name “casino.ton”, for example, had been sold for more than $200,000.
In fact, Pavel Durov, Telegram’s CEO, foresees many uses for the addition of web 3 technology on the application. Users could consider the possibility of a unique identifier that they could sell or trade on the app’s marketplace. This technology could also further secure the different channels that are present on the application. Telegram is considering the possibility of joining a chat channel. The implementation of technologies related to blockchain on the application would allow, among other things, to formalize these different channels.
If the release date of this marketplace is not yet determined it will be soon, given the announcement made by the founder of the platform. Indeed, the smart contract serving as a structure for this marketplace is still in free audit on GitHub, in order for developers to detect – if there are any – errors in the code.