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Telegram to share 50% of ad revenue through TON blockchain

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Telegram will reward channel owners with an equal share of ad revenue starting in March, with payments made in Toncoin.

Telegram founder Pavel Durov said the private messaging giant would split ad revenue with broadcast channel creators to incentivize community building and in-app content sharing further.

“In March, the Telegram Ad Platform will officially open to all advertisers in nearly a hundred new countries. Channel owners in these countries will start receiving 50% of any revenue that Telegram makes from displaying ads in their channels.”Pavel Durov, Telegram founder

Broadcast channels generate one trillion views per month, but only 10% of this traffic is monetized, according to Durov’s channel, which has 1.6 million subscribers.

Durov also noted the TON blockchain will serve as the exclusive payment rail for ad revenue sharing. TON blockchain was confirmed by Certik as the fastest and most scalable blockchain in November, clocking over 104,000 transactions per second on a public live-streamed test.

TON blockchain is expected to facilitate quick and secure Toncoin (TON) payments for creators. TON jumped over 20% after the news was shared on Feb. 28, per CoinMarketCap data.

“This will create a virtuous circle, in which content creators will be able to either cash out their Toncoins — or reinvest them in promoting and upgrading their channels”Pavel Durov, Telegram founder

Telegram is not the first social network to introduce an ad revenue-sharing scheme with active contributors. X also shares ad revenue with verified creators who meet impressions and content requirements, allowing users to benefit from their work.

However, where Durov’s platform boasts a 50% split paid in cryptocurrency, Elon Musk’s app reportedly keeps the bulk of ad money and pays creators in fiat currency via Stripe.

Source: Crypto News

 

The post Telegram to share 50% of ad revenue through TON blockchain appeared first on HIPTHER Alerts.

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Blockchain

WadzPay Plans to Expand Portfolio into Stablecoin Business

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WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

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Blockchain

RevoluGROUP Announces CEO and Director Stepping Down

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Blockchain

ZettaBlock announces the addition of blockchain data

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ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.

By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.

ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.

Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.

The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.

Source: cryptonewsz.com

The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.

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