Telegram Creator Recommends 'NFT-Like Clever Agreements' To Auction Usernames - Cointelegraph

Telegram Creator Recommends ‘NFT-Like Clever Agreements’ To Auction Usernames – Cointelegraph

Pavel Durov, the creator of encrypted messaging application Telegram, has actually drifted the suggestion of an industry that might use “NFT-like clever agreements” to auction highly-sought after usernames.

Durov made the idea after the “success” of domain public auctions by The Open Network (TON), a layer-1 blockchain initially developed by the Telegram group. The blockchain job introduced the TON DNS solution, making it possible for individuals to appoint human-readable names to crypto purses, clever agreements and also internet sites in mid-July.

In a message to his individual Telegram team called Durov’s Channel on Tuesday, he kept in mind that he was “actually thrilled by the success of the public auction TON just recently performed for their domain/wallet names.”

” Imagine just how effective Telegram with its 700 million individuals can be if we placed scheduled @ usernames, team and also network web links for public auction,” he claimed.

Durov recommended that Telegram can use comparable innovation to present a brand-new industry that can be made use of to deal “memorable addresses like @storm or @royal, as well as all four-letter individual names:”

” This would certainly develop a brand-new system where username owners might move them to interested celebrations in safeguarded offers– with possession safeguarded on the blockchain using NFT-like wise agreements.”

” Other aspects of the Telegram environment, consisting of networks, sticker labels or emoji, can later on likewise enter into this market,” he included.

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