Share this article
BTC
$94,302.44
-
0.29%ETH
$1,803.19
+
0.95%USDT
$1.0004
-
0.02%XRP
$2.2010
+
0.47%BNB
$607.30
+
0.73%SOL
$149.13
-
1.32%USDC
$0.9999
-
0.00%DOGE
$0.1811
-
0.22%ADA
$0.7080
-
1.40%TRX
$0.2516
+
3.54%SUI
$3.4630
-
2.94%LINK
$14.87
-
0.73%AVAX
$21.97
-
1.74%XLM
$0.2893
+
1.73%LEO
$9.0885
+
1.97%SHIB
$0.0₄1419
+
2.31%TON
$3.3017
+
2.77%HBAR
$0.1922
-
2.36%BCH
$359.69
-
4.28%LTC
$87.06
+
0.83%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Telegram Founder Teases Marketplace for Address Auctions
Since founder Pavel Durov discussed the feature Monday afternoon, the price of TON – the native token behind The Open Network – increased 15%.
Messaging platform Telegram could soon offer a marketplace to auction addresses, founder Pavel Durov said Monday in a message in the app.
Durov referenced an earlier auction of wallet domain names on The Open Network, the protocol he developed alongside Telegram. Having left the project behind due to regulatory concerns from the U.S. Securities and Exchange Commission, he proposed that the messaging app could have success in re-introducing elements of Web3 by auctioning off “@ usernames, group and channel links.”
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The price of TON, the native token behind The Open Network, is up 15% since Durov sent the message.
"This would create a new platform where username holders could transfer them to interested parties in protected deals - with ownership secured on the blockchain via NFT-like smart-contracts," Durov said on Telegram.
Cam Thompson
Cam Thompson was a Web3 reporter at CoinDesk. She is a recent graduate of Tufts University, where she majored in Economics and Science & Technology Studies. As a student, she was marketing director of the Tufts Blockchain Club. She currently holds positions in BTC and ETH.
