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Telegram unveils ad revenue sharing scheme via TON blockchain

March 3, 2024 By Crypto Reporter

In a move that could reshape the landscape of digital advertising, Telegram has announced a pioneering ad revenue sharing model via its TON blockchain platform. This development has triggered a surge in TON’s value, indicating strong market confidence in the project’s potential.

According to reports from Coindesk, TechCrunch, and The Block, Telegram’s decision to implement ad revenue sharing marks a significant departure from traditional advertising paradigms. The platform’s user base, spanning nearly 100 countries, will soon have the opportunity to participate in this innovative system.

Under the new model, users will receive a 50/50 split of the ad revenue generated through Telegram, exclusively in TON Coin. This means that both content creators and consumers stand to benefit from the platform’s advertising efforts, fostering a more equitable ecosystem.

The announcement has garnered widespread attention within the cryptocurrency and tech communities, with many hailing it as a step towards decentralizing digital advertising. By leveraging blockchain technology, Telegram aims to introduce greater transparency and fairness into the ad revenue sharing process.

TON Coin, the native cryptocurrency of the Telegram Open Network (TON), has experienced a notable uptick in value following the news.

Telegram’s decision to implement ad revenue sharing comes at a time when concerns over data privacy and advertising practices are increasingly in the spotlight. By empowering users to directly benefit from advertising revenues, the platform is positioning itself as a trailblazer in the quest for a more user-centric digital ecosystem.

However, challenges and questions remain regarding the implementation and scalability of Telegram’s ad revenue sharing model. Critics point to potential issues such as regulatory hurdles and user adoption barriers that could impact the initiative’s success.

Despite these challenges, Telegram’s bold move signals a significant evolution in the way digital advertising operates. As the platform prepares to roll out its ad revenue sharing scheme in the coming months, all eyes will be on how this groundbreaking experiment unfolds in practice.

Filed Under: General News, Latest News, News Tagged With: cryptocurrency, news, Telegram, TON

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