Following the announcement, the TON token, native to The Open Community blockchain, skilled a dramatic surge in worth.
Telegram has introduced a pioneering advert revenue-sharing mannequin. This initiative, deliberate to begin in March, leverages the TON blockchain to distribute 50% of advert income on to channel homeowners, marking a considerable shift in how content material creators on Telegram are compensated.
Telegram’s new advert revenue-sharing framework is designed to assist and incentivize content material creators on its platform. By using the TON blockchain, Telegram ensures a clear and environment friendly mechanism for settling funds.
A International Initiative with Native Impression
Telegram’s advert revenue-sharing program is ready to launch in almost 100 international locations, providing a world platform for content material creators to monetize their channels via promoting. This initiative is principally for its use of the TON coin because the unique foreign money for payouts, selling its adoption and utility.
Comparative Benefit Over Rivals
This transfer by Telegram units it other than rivals, together with X, which has provided advert income sharing since July 2023. Nonetheless, suggestions from X customers means that the platform retains a good portion of the advert income, highlighting the extra favorable phrases provided by Telegram to its content material creators.
TON Token’s Outstanding Rally
Following the announcement, the TON token, native to The Open Community blockchain, skilled a dramatic surge in worth. On the chart, the worth degree commenced the bullish rally from $2.18 and went to the height of $3.17, leading to a surge of roughly 45%. Nonetheless, the worth degree did face some correction, retracing all the way down to $2.32. On the time of writing, TON was hovering round $2.70.
Future Implications
As Telegram prepares to roll out this program, the main target will probably be on its execution and the potential for different platforms to undertake related blockchain-based revenue-sharing fashions. Nonetheless, one concern that particularly got here throughout the group is that if TON cash are completely used for advert income sharing, Telegram could find yourself holding a substantial chunk of the overall token provide, which is strictly towards the inspiration of decentralization.
Pavel Durov, CEO of Telegram, supplied his feedback. He talked about that the staff had acknowledged the group’s concern and had provide you with a potential answer. It principally capped Telegram’s share of TON at 10% whereas promoting the excess of TON holdings to long-term buyers, which suggests TON will probably be distributed amongst varied stakeholders for fundraising.
Moreover, these tokens will probably be purchased by the buyers at a reduction to the market value, together with a lockup and vesting schedule. This strategic plan goals to keep away from future value manipulation and promote decentralization.