Privacy-focused messaging giant Telegram will start sharing advertisement revenue with channel owners starting in March, founder Pavel Durov said in a broadcast message on his official channel, viewed by CoinDesk, on Wednesday.
The network’s native TON token rocketed nearly 40% to over $2.92 after the announcement came out. Meanwhile, the broader CoinDesk 20 index (CD20) jumped 2.5%.
A message sent to Telegram’s official media requests channel did not immediately confirm Durov’s post. Telegram had previously said it had plans to share revenue with certain channel owners, its website shows. Channels are one-way feeds where the channel creator can post content that an unlimited number of users can subscribe to.