Telegram Sells TON Tokens to Combat Centralization Concerns

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In an assertive move geared towards dismantling potential monopolization concerns, the esteemed messaging behemoth, Telegram, has boldly announced intentions to divest a portion of its extensive cache of The Open Network (TON) tokens. This strategy is rolled out at a valuation seemingly generous, marked below the prevailing market rates, with the plan to unfold in response to apprehensions surrounding the potential centralization of the TON token supply—a direct outcome of the initiative that renders TON tokens the exclusive currency for ad payments on the platform.

Emanating from the crucible of innovation, Telegram’s latest feature, as chronicled in the reportage of recent developments, hinges upon incentivizing content on its channels. As of the forthcoming March, channel proprietors are primed to garner monetary recompense for their content contributions, with all transactions nimbly running their course through the TON blockchain’s channels.


Complementing this narrative is the looming expansion of Telegram’s advertising platform, poised to saturate nearly a hundred new countries, empowering channel owners as beneficiaries of half the proceeds emanating from advertising displayed within their digital realms.

Telegram’s venerated helmsman, Pavel Durov, in light of discordant tones regarding TON token accumulation, has surfaced with a decree to offload the company’s excess holdings of said tokens. The concern orbits around Telegram’s potential amassment of a TON token cache poised to exceed a tenth of the cryptocoin’s entire circulation—a scenario unnervingly redolent of centralization.

With the precision of a maestro, Telegram aspires to curtail its TON footprint through these calculated sales to long-horizon investors. This endeavor is envisaged to spawn a distribution landscape characterized by equity and to foster the tenets of decentralization that lie at the heart of blockchain philosophy. The tokens slated for sale are intertwined with a vesting period woven over a span of one to four years.

Bolstering this initiative, Telegram has erected a digital conduit—an exclusive email address—catering to the discerning investor wielding the financial clout to commit $1 million or more. Such a meticulous arrangement underscores Telegram’s commitment to ensuring a seamless transition toward a stabilized and decentralized TON ecosystem.

The TON ecosystem itself pulsates with vitality, undeterred by the clouds of anxiety that once loomed. Indicators of economic vigor such as market capitalization, trading volume, fees, and income have all embarked on an upward trajectory in the past 30 days. This burgeoning ecosystem also boasts a user base that continues to swell across the daily, weekly, and monthly gauges.

In sheer monetary terms, the TON has swelled to a fully diluted market capitalization of $13.83 billion, a 31.0% ascent. Its trading volume—a barometer of liquidity and interest—registered a more modest yet durable enhancement of 1.4%, culminating at $1.21 billion. The fees—reflective of the ecosystem’s utility and transactional throughput—have burgeoned by a staggering 80.9%, consolidating at $860,490 over a 30-day span, while annualized fees have similarly surged to an impressive $10.47 million, ballooning by 45.3%.

Yet, the narrative does not rest here. The revenue stream, like an unfaltering river, reflects a comparable growth ascent of 80.9% over the past month, channeling to a prodigious $430,250. Annualized metrics mirror this prosperity, positioning revenue at a commendable $5.23 million.

The user continuum of the TON ecosystem—the lifeblood of any digital enterprise—reveals a daily active user count cresting at 33.66k, a weekly active user congregation swelling by 19.6% to 178.62k, and a monthly active user aggregation burgeoning by 10.3% to 412.39k.

Financial charts further signify the buoyancy of the TON, with a current trading price of $2,735, marking an uptick of 3% in the preceding 24-hour period, and underpinning a robust 34% elevation over the past month.