Telegram is constantly being updated with new features.

The well-known cloud-based instant messaging service Telegram recently released a new feature that gives users the ability to buy and sell distinctive account names within individual pages or groups. The brand-new release was made available to the general public on the official Telegram page on November 11th.

Telegram has launched an auction on the collectible and free trading platform Fragment in an effort to acquire the most popular usernames. As a result of the addition of this new capability, Telegram names can now be bought, sold, and otherwise dealt with as if they were digital assets.

According to the Pioneering Platform Announcement Memorandum, ownership of the compiled list of names will be safeguarded using TON, a crypto-related system that is both speedy and capable of being upgraded.

The sale of Telegram usernames brought in billions of dollars in revenue for the company. Less than six hours after the initial launch, an auction was held for thousands of domain names that were associated with well-known international brands and celebrities.

According to the Fragment platform, Telegram users are purportedly making millions of dollars by selling short usernames. [Citation needed] Because Telegram grants its users complete ownership of their usernames, the notion has been warmly received there.

The social networking platform Telegram incorporates web-3.

The latest update to Telegram has led to an all-time high in the usage of Web3. The concept of users having ownership over their usernames on the Telegram network was initially proposed in August by Pavel Durov, the founder of Telegram. When Durov was discussing the invention earlier this year, he brought up the possibility of incorporating some Web 3.0.

He expressed his admiration for the successful completion of the domain name auction held by the TON Foundation at the time. He admitted that the result of the most recent auction held by TON for app names and wallets had a significant impact on him. Wallet usernames and Casino usernames each sold for a price of two hundred and sixty thousand dollars, with the total amount of both sales being two hundred and forty-four thousand dollars. Think about how successful Telegram is and ask yourself whether TON can achieve similar results.

It auctioned off booked @usernames, groups, and communication links with its 700 million users, which would make the user experience something that had never been seen before and was completely unique.