Telegram Announces Revenue Sharing With Blockchain: TON Pumps 25%
Portfolio Pulse from Murtuza Merchant
Telegram has announced a new revenue-sharing model for content creators, utilizing the TON blockchain for ad revenue transactions. This model allows creators to earn 50% of the revenue from ads displayed within their channels. The move aims to monetize the platform's vast viewership and incentivize high-quality content creation. Following the announcement, TON's price surged by 24.3%, trading at $2.70.
February 28, 2024 | 1:56 pm
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TON blockchain's integration into Telegram's ad revenue transactions has led to a 24.3% price increase, trading at $2.70.
The announcement of Telegram utilizing TON blockchain for its new revenue-sharing model directly impacts TON's value. The integration signifies a major use case for TON, enhancing its utility and demand, which likely contributed to the price surge.
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