Telegram, an online chat service, has added a new function that allows users to buy adverts on the site using Toncoin. This update is part of their commitment to help users monetise their channels, with channel owners receiving 50% of the ad revenue.
Users can now promote their channels by spending a modest number of Toncoins and targeting specific channels with their adverts. Channel owners can withdraw their earnings without incurring any costs, and this feature will soon be available on Telegram’s Fragment exchange.
Telegram picked the TON Blockchain because of its low fees, rapid transaction rates, and enormous transaction capacity, with recent tests showing a record of 100,000 transactions per second.
CEO Pavel Durov hinted at this information before, stating that while Telegram channels have over 1 trillion views every month, only 10% have been monetized with adverts thus far.
Toncoin’s integration for in-platform advertising on Telegram represents a big step toward empowering content creators and increasing user revenue potential.