How Telegram Makes Money? Telegrams New Plan to Generate Cash
From the past few years, there is a big crypto boom. people are crazy about cryptocurrencies buying and selling different types of tokes. We have seen a lot of development in the blockchain industry. From Bitcoin to different types of tokens. I think all of you know have some basic knowledge about cryptos if not let me introduce some basics about it.
What is CryptoCurrency?
Cryptocurrency is a digital or virtual currency. That means we cannot touch or feel it. It is circulated and secured by a technology called cryptography. It is a decentralized currency that means it can't be tracked or traced and there is no central authority that issues it.
World-first cryptocurrency is Bitcoin created and developed by Satoshi Nakamoto released in the year 2009. A very fun fact about bitcoin is that we all know the name of the developer as Satoshi Nakamoto but till now we don't know the real face behind it. If he is alive then he will be the richest person on this earth.
What is the Actual Use of CryptoCurrency?
If we talk about the use of cryptocurrency then I personally think there is no proper use for it. It all started as a trading instrument. If we talk about the first Bitcoin transaction. Hal Finney was the first person to get the payment of 10 bitcoins for mining block-70. After one year a computer geek paid ten 10,000 BTC for 2 pizza pies. So, in the beginning, it all started as enjoyment but after a few years, it was misused by hackers to get the ransom.
Ok, so we have talked a lot about the basics of cryptocurrency. Now let's talk about Telegram's new plan to generate money.
If you have earlier searched for the Telegram Bussiness module earlier on google. I am sure that you would have found it is completely going on a fremium module sponored by one of the founder of social media giant VK Paul Durov. VK is also known as the facebook of russia. Currently while writing this article his net worth is more then a billion dollar.
Paul Durov’s Big Plan
Telegram having more then 500 million monthly users is going to launch its own cryptocurrency known as Toncoin. Currently Toncoin is maintained by Tonfoundation. According to the latest statement my the Paul the code is almost ready and they are soon going to integrate it with App.
According, to him now a days telegram is no more a social media application but a media outlet. people are using it to share their videos, Images and large files with large groups of people. Which other platforms like facebook and Instagram dont allow.
We, all have a big hope that Toncoin will soon go to the moon. I am surely going to invest the in it. For more updates follow me and if you like this article dont forget to clap for this article.
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