bitcoin
Bitcoin (BTC) $ 17,059.81
ethereum
Ethereum (ETH) $ 1,258.92
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 288.93
usd-coin
USD Coin (USDC) $ 1.00
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.391057
dogecoin
Dogecoin (DOGE) $ 0.097285
cardano
Cardano (ADA) $ 0.312257
matic-network
Polygon (MATIC) $ 0.911490
polkadot
Polkadot (DOT) $ 5.34
staked-ether
Lido Staked Ether (STETH) $ 1,242.64
shiba-inu
Shiba Inu (SHIB) $ 0.000009
litecoin
Litecoin (LTC) $ 75.98
okb
OKB (OKB) $ 20.87
dai
Dai (DAI) $ 1.00
solana
Solana (SOL) $ 13.62
tron
TRON (TRX) $ 0.053811
uniswap
Uniswap (UNI) $ 6.12
avalanche-2
Avalanche (AVAX) $ 13.30
leo-token
LEO Token (LEO) $ 3.81
chainlink
Chainlink (LINK) $ 6.96
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 16,995.02
cosmos
Cosmos Hub (ATOM) $ 9.74
the-open-network
Toncoin (TON) $ 1.82
monero
Monero (XMR) $ 146.56
ethereum-classic
Ethereum Classic (ETC) $ 18.97
stellar
Stellar (XLM) $ 0.085228
bitcoin-cash
Bitcoin Cash (BCH) $ 110.91
quant-network
Quant (QNT) $ 122.16
crypto-com-chain
Cronos (CRO) $ 0.063862
algorand
Algorand (ALGO) $ 0.223184
filecoin
Filecoin (FIL) $ 4.38
apecoin
ApeCoin (APE) $ 3.90
near
NEAR Protocol (NEAR) $ 1.68
vechain
VeChain (VET) $ 0.018869
hedera-hashgraph
Hedera (HBAR) $ 0.047728
internet-computer
Internet Computer (ICP) $ 4.25
trust-wallet-token
Trust Wallet (TWT) $ 2.64
eos
EOS (EOS) $ 0.994590
flow
Flow (FLOW) $ 1.04
elrond-erd-2
MultiversX (Elrond) (EGLD) $ 45.01
terra-luna
Terra Luna Classic (LUNC) $ 0.000174
frax
Frax (FRAX) $ 1.00
axie-infinity
Axie Infinity (AXS) $ 8.11
the-sandbox
The Sandbox (SAND) $ 0.587167
tezos
Tezos (XTZ) $ 0.995525
aave
Aave (AAVE) $ 62.51
theta-token
Theta Network (THETA) $ 0.861868
huobi-token
Huobi (HT) $ 6.50

Telegram username auction marketplace ‘almost’ ready to launch

0

- Advertisement -



The popular messaging app Telegram has developed a new marketplace that doesn’t involve nonfungible tokens (NFTs). The social messaging platform said that it is all set to launch its marketplace for auctioning unique usernames for social platforms, an idea first floated in August.

In an official announcement on its Telegram channel, the firm said that the development phase of the marketplace is near its end. The marketplace is based on its native blockchain called The Open Network (TON).

The idea was first teased by the company founder Pavel Durov in late August this year when he proposed a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team.

Durov said at the time that a new marketplace, where username holders could transfer them to interested parties in protected deals — with ownership secured on the blockchain via NFT-like smart contracts — could become a sought-after service in Web3. He added that other elements of the Telegram ecosystem, including channels, stickers or emojis, could later also become part of this marketplace.

Telegram didn’t respond to Cointelegraph’s requests for comments at the time of publishing.

Related: ‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain

Telegram started its Web3 and crypto endeavor with hopes of launching a digital payments platform for Telegram. However, like many other platforms from the initial coin offering (ICO) era, Telegram also ran into trouble with the United States regulators for the unregistered sale of its Gram token.

After losing a court battle against the U.S. Securities and Exchange Commission in 2020, Durov stepped away from the project to focus on Telegram. Since then, open-source developers have revived the project under the banner of The Open Network.