• Telegram launches a new crypto feature, allowing users to purchase premium subscriptions with TON.
• The feature is part of the platform’s expanding capabilities in the crypto space.
• Payments are made through Fragment, a digital marketplace built on top of the TON blockchain and launched in 2022.
Telegram Launches Crypto Subscription Feature
According to a press release shared with Bitcoinist, developers at Telegram have launched a new crypto feature supported by the TON blockchain. Now, users from the platform can purchase a premium subscription with TON.
Expanding Crypto Capabilities
The new feature is part of Telegram’s growing crypto capabilities over the past six months. The company has launched several features to allow its users access to digital assets. Payments for these services are processed through Fragment – a digital marketplace built on top of the TON blockchain and launched in 2022.
TONusDT Gains Following Announcement
Following Telegram’s announcement, the price of Toncoin saw some gains as traders reacted positively to news about increased access for cryptocurrencies on one of the world’s largest messaging platforms.
Unique Usernames Auctioned On TON Network
Last year, Telegram allowed its users access to usernames auctioned on its own network – known as TON Network. By acquiring Toncoins, they could get unique usernames without having to provide their phone number – thus improving privacy and protecting against bad actors or data control by centralized entities. These auctions were met with huge success according to Pavel Durov who said: “I’m really impressed by the success of the auction TON recently conducted for their domain/wallet names.”