Telegram founder suggests 'NFT-like smart contracts' to auction usernames

"Imagine the success of Telegram with its 700 million users if we auction usernames, group links and channels reserved," the Telegram founder said. written.

Telegram founder suggests 'NFT-like smart contracts' to auction usernames New

Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of ​​a marketplace that could use "NFT-like smart contracts" to auction off highly sought-after usernames.

Durov made the suggestion after the "success" of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched the TON DNS service, allowing users to assign human-readable names to crypto wallets, smart contracts, and websites in mid-July.

In a message to his personal Telegram group named Durov's Channel on Tuesday, he noted that he was "really impressed with the success of the auction recently conducted by TON for their domain names/portfolio".

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"Imagine how successful Telegram could be with its 700 million users if we auctioned off reserved @usernames, group and channel links," he said.

Durov suggested that Telegram could leverage similar technology to roll out a new marketplace that could be used to buy and sell "eye-catching t.me addresses like @storm or @royal, and all four-letter usernames. :"

"This would create a new platform where holders of usernames could transfer them to interested parties in protected agreements - with secure ownership on the blockchain via NFT-like smart contracts."

“Other elements of the Telegram ecosystem, including channels, stickers or emoji, may also become part of this market later,” he added.

The first TON DNS auctions went live on July 30, and just like Ethereum Name Service (ENS) ".eth" domains, the ".ton" variable...

Telegram founder suggests 'NFT-like smart contracts' to auction usernames

"Imagine the success of Telegram with its 700 million users if we auction usernames, group links and channels reserved," the Telegram founder said. written.

Telegram founder suggests 'NFT-like smart contracts' to auction usernames New

Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of ​​a marketplace that could use "NFT-like smart contracts" to auction off highly sought-after usernames.

Durov made the suggestion after the "success" of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched the TON DNS service, allowing users to assign human-readable names to crypto wallets, smart contracts, and websites in mid-July.

In a message to his personal Telegram group named Durov's Channel on Tuesday, he noted that he was "really impressed with the success of the auction recently conducted by TON for their domain names/portfolio".

p>

"Imagine how successful Telegram could be with its 700 million users if we auctioned off reserved @usernames, group and channel links," he said.

Durov suggested that Telegram could leverage similar technology to roll out a new marketplace that could be used to buy and sell "eye-catching t.me addresses like @storm or @royal, and all four-letter usernames. :"

"This would create a new platform where holders of usernames could transfer them to interested parties in protected agreements - with secure ownership on the blockchain via NFT-like smart contracts."

“Other elements of the Telegram ecosystem, including channels, stickers or emoji, may also become part of this market later,” he added.

The first TON DNS auctions went live on July 30, and just like Ethereum Name Service (ENS) ".eth" domains, the ".ton" variable...

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