Telegram, the popular messaging app known for its focus on security, is taking a giant leap forward with the introduction of Telegram Stars. This innovative feature marks a significant shift, transforming Telegram from a messaging platform to a burgeoning digital marketplace.
Stars function as an in-app currency, streamlining purchases within Telegram’s ecosystem. Users can acquire Stars through familiar channels like Apple and Google in-app purchases, or through the Telegram-integrated PremiumBot. This newfound spending power unlocks a treasure trove of digital products, including e-books, online courses, and even in-game items for Telegram’s vibrant gaming scene.
Telegram Stars are strategically designed to comply with the digital sales policies of tech giants like Apple and Google, ensuring a smooth integration into existing mobile app store ecosystems. This user-friendly approach extends further, with Telegram planning to allow developers to convert their Star earnings into Toncoin (TON), a well-established cryptocurrency. This added versatility empowers developers and fosters a more robust digital economy within the platform.
The impact of Telegram Stars is already creating ripples across the cryptocurrency landscape. Take Notcoin (NOT), a mini-app built on Telegram that doesn’t require installation. Stars act as the fuel for transactions within Notcoin, and developers can leverage them for promoting their apps on Telegram. This synergy is evident in Notcoin’s recent price surge, with a 4.17% jump in the last 24 hours and a climb into the coveted top 60 cryptocurrencies by market capitalization.
Notcoin’s meteoric rise isn’t solely fueled by Telegram Stars. Earlier this month, Telegram CEO Pavel Durov himself publicly endorsed Notcoin, revealing a staggering fourfold increase in the value of his Notcoin holdings within a two-week period. This strategy highlights Durov’s bullish outlook, aiming for a 100x return on his investment – a potential windfall of $680 million.
Also Read: Notcoin (NOT) Soars 10% in 24 Hours: Telegram Game Altcoin Up 300% in a Week – Can it Reach $0.1?
Durov has been a vocal advocate for Notcoin, calling it “the largest cryptocurrency community in the history of social media.” He emphasizes the unique advantages Telegram offers, with its massive user base and inherent scalability perfectly suited for deploying innovative crypto applications.
As Notcoin surges, achieving record trading volumes and market cap milestones, it becomes a beacon for Telegram’s transformation. The platform is no longer just a messaging giant – it’s a rising star in the world of crypto solutions, and Telegram Stars are poised to propel it even further.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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