- Telegram now permits customers to transform digital presents into NFTs on the TON blockchain.
- Transformed presents achieve distinctive traits and might be traded or auctioned as NFTs.
- TON worth rises 3%, buying and selling at $5.79, with 165% year-to-date development.
Toncoin (TON), the native cryptocurrency of The Open Community (TON), is seeing a surge in exercise as Telegram rolls out its newest innovation.
The favored messaging app now permits customers to show digital presents into tradable NFTs on The Open Community (TON), a transfer that marks one other milestone in Telegram's Web3 journey.
Telegram customers can convert digital presents into TON tradeable NFTs
The brand new characteristic, a part of Telegram's first main replace of 2025, permits customers to show over 20 current presents, comparable to Jelly Bunny, Santa Hat and Home made Cake, into distinctive collectibles. These animated artworks and personalised messages, launched in October 2024, can now be traded, auctioned or re-gifted throughout the Telegram ecosystem or on exterior NFT marketplaces like Getgems.
To transform a present into an NFT, customers should spend a small quantity of Telegram Stars, the in-app forex of the Toncoin-related platform.
As soon as upgraded, every collectible reward good points unique attributes, together with a definite look, background colours, icons and a singular quantity, making certain its rarity and individuality.
Notably, the launch of collectible presents just isn’t Telegram's first foray into blockchain know-how. Lately, Telegram has built-in a number of crypto-friendly options, together with TON Area, a standalone custodial pockets, an in-app browser for decentralized web sites, and Telegram Stars, which permits customers to buy digital items with fiat and convert them to Toncoin. .
These initiatives, together with a burgeoning ecosystem of mini-games and apps, have cemented Telegram as a big participant within the Web3 area.
Toncoin (TON) worth will increase
Following the discharge of the brand new characteristic, the worth of Toncoin rebounded after a slight decline between December 25 and January 1.
Regardless of a 30% retracement from its all-time excessive of $8.25 in mid-2024, TON has gained a formidable 165% year-to-date, reflecting the rising curiosity in its ecosystem. The token, at present ranked because the fifteenth largest cryptocurrency by market capitalization, is buying and selling at $5.79, up 3% within the final 24 hours.
Consultants consider that Telegram's integration of NFTs and its dedication to enhancing The Open Community (TON) blockchain may additional increase adoption and market worth.
A lead developer at TON, identified by the pseudonym Dr. Superior Doge, expressed optimism concerning the platform's potential, pointing to its large consumer base and the rising complexity of its purposes.
As Telegram continues to innovate, Toncoin seems poised for sustained development, supported by the convergence of social media and blockchain know-how.
