Telegram founder Pavel Durov speaks at Token2049 conference. He outlined the future of the project, which has evolved beyond its origins as a messaging app.
BeInCrypto attended the conference to hear his vision and share Durov's promise to turn Telegram into a cryptocurrency empire.
Telegram’s vision for cryptocurrencies
Durov characterized Telegram as a platform focused on freedom of communication and expression, as well as openness to advertising, including its work on cryptocurrencies. He said he hoped those in attendance were not involved in any fraudulent activity.
“Telegram is about freedom of communication, freedom of expression, and even the ability to freely promote crypto scams. But I hope it doesn't do that,” he said.
In the future, Telegram plans to introduce features that will allow the purchase of crypto and physical assets. The goal is to allow users to send tips and donations to content creators, as well as create and sell NFTs.
Developers will be provided with tools and monetization avenues to create mini-apps, transforming Telegram into a robust crypto ecosystem. They receive his 70% of the profits from in-app sales. Artists, on the other hand, will receive 95% of the profits from the sale of stickers and emojis.
Durov emphasized that Telegram's scalability and large user base make it an ideal platform for deploying cryptographic applications.
Read more: Crypto Telegram groups to join in 2024
At Token2049, organizers officially announced the launch of the stablecoin USDT on the TON blockchain. This integration means that USDT will be tightly integrated into all Telegram services, giving millions of users easy access to the world of cryptocurrencies.
Additional details about the TON and USDT integration include fixed fees capped at $0.15 regardless of network congestion or transaction volume, a focus on retail users, the ability to pay on-chain fees with USDT, and on-chain transactions. Contains functions to process. A platform that attracts a large audience.
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