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The Ton blockchain team believes a new X policy will push more users toward Telegram and its crypto features.
Elon Musk’s social network introduced a rule requiring new users to pay a small yearly fee before unlocking X features like News Daily, posts, likes, and bookmarks. Musk’s rationale pointed to a bot-combating strategy, as participants regularly report automated and fake accounts flooding timelines.
X’s latest policy addition sparked mixed reactions among users on the platform. The Open Network ($TON) blockchain remarked that Musk’s move may indirectly foster greater crypto adoption.
The result: more users will choose FREE media that is censorship-free. Just like Telegram. Especially with the Add sharing program being now live.
Ton blockchain team
🔈 @durov announced that @telegram broadcast channels in nearly 100 countries will be receiving ad RevShare payouts in $TON! This marks a significant step towards putting crypto in every pocket.
— $TON 💎 (@ton_blockchain) February 29, 2024
Why is this a game-changer? 🧵👇 pic.twitter.com/K47bImNVee
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Telegram adds 50% ad share payment via Ton
Telegram founder Pavel Durov announced plans to share 50% of advertising revenue through the $TON blockchain in February. Durov’s initiative provided additional incentives for hosting Telegram broadcast channels and doubled as a global digital asset adoption initiative, putting crypto in more pockets.
As crypto.news reported, the program went live late last month and unlocked more utility for Ton’s native cryptocurrency, Toncoin ($TON). The cryptocurrency has achieved fresh all-time highs ($ATH) on at least two occasions since then.
According to CoinMarketCap, Toncoin retraced along with several over virtual currencies and traded 19% below its $7.65 $ATH.
