Telegram Launches Crypto-Powered Ad System: 'Anyone Can Promote Their Bot With Toncoin'
Portfolio Pulse from Murtuza Merchant
Telegram has launched a new advertising system powered by Toncoin (CRYPTO: TON), allowing channel owners with over 1,000 subscribers to earn 50% of ad revenue. This system emphasizes privacy and creator revenue sharing, offering a unique alternative in social media advertising. The system's success and its impact on social media monetization will be further discussed at Benzinga's Future of Digital Assets event.

April 01, 2024 | 5:52 pm
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POSITIVE IMPACT
The launch of Telegram's Toncoin-powered advertising system could increase the utility and demand for Toncoin, potentially impacting its price positively in the short term.
The introduction of a new use case for Toncoin, especially one tied to a platform with over 1 trillion monthly views, could significantly increase its demand. Given the revenue-sharing model and the option for channel owners to promote content using Toncoin, there's a direct incentive for increased buying and usage of TON. However, the actual impact on price will depend on the adoption rate of the advertising system and the overall market conditions.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90