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Telegram Launches New Marketplace for Unique Username Auctions

Telegram announces the upcoming launch of a marketplace for auctioning unique usernames, built on its TON blockchain.
Published on 2022-10-23

Telegram Introduces Marketplace for Unique Usernames

Telegram, the popular messaging app, is set to launch a new marketplace for auctioning unique usernames. This innovative platform, announced through an official Telegram channel, marks a significant step in the app's expansion into blockchain-based services.

Marketplace Built on TON Blockchain

The marketplace is developed on The Open Network (TON), Telegram's native blockchain. This decentralized platform will enable users to buy and sell unique usernames in a secure and transparent manner. The idea was first introduced in August, and the development phase is nearing completion.

Auctioning Unique Usernames

The marketplace will allow users to auction off unique usernames, creating a new way for individuals and businesses to stand out on social platforms. This feature is expected to attract a wide range of users, from individuals seeking personalized handles to businesses looking to establish a strong brand presence.

Significance of the TON Blockchain

By leveraging the TON blockchain, Telegram ensures that the marketplace operates with high security, transparency, and scalability. This move underscores Telegram's commitment to integrating blockchain technology into its ecosystem, offering users innovative tools for digital asset management.

Potential Impact

The launch of this marketplace could pave the way for new revenue streams and use cases within the Telegram ecosystem. With its focus on unique digital assets, this platform is poised to attract both crypto enthusiasts and traditional users, further solidifying Telegram's position in the blockchain space.

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