The Ton blockchain team believes a new X policy will push more users toward Telegram and its crypto features.
Elon Musk’s social network introduced a rule requiring new users to pay a small yearly fee before unlocking X features like News Daily, posts, likes, and bookmarks. Musk’s rationale pointed to a bot-combating strategy, as participants regularly report automated and fake accounts flooding timelines.
X’s latest policy addition sparked mixed reactions among users on the platform. The Open Network (TON) blockchain remarked that Musk’s move may indirectly foster greater crypto adoption.
The result: more users will choose FREE media that is censorship-free. Just like Telegram. Especially with the Add sharing program being now live.
Ton blockchain team
🔈 @durov announced that @telegram broadcast channels in nearly 100 countries will be receiving ad RevShare payouts in $TON! This marks a significant step towards putting crypto in every pocket.
Why is this a game-changer? 🧵👇 pic.twitter.com/K47bImNVee
— TON 💎 (@ton_blockchain) February 29, 2024
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Telegram adds 50% ad share payment via Ton
Telegram founder Pavel Durov announced plans to share 50% of advertising revenue through the TON blockchain in February. Durov’s initiative provided additional incentives for hosting Telegram broadcast channels and doubled as a global digital asset adoption initiative, putting crypto in more pockets.
As crypto.news reported, the program went live late last month and unlocked more utility for Ton’s native cryptocurrency, Toncoin (TON). The cryptocurrency has achieved fresh all-time highs (ATH) on at least two occasions since then.
According to CoinMarketCap, Toncoin retraced along with several over virtual currencies and traded 19% below its $7.65 ATH.
TON price chart | CoinMarketCap
Read more: Grindery unlocks one-click payments for 800m Telegram users
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