Pavel Durov: Transforming Telegram into a Crypto Empire
Who is Pavel Durov?
Pavel Durov, the founder of Telegram, is a Russian-born Emirati entrepreneur known for founding the social networking site VK and the app Telegram Messenger. He has recently announced a strategic shift for the messaging platform towards integrating blockchain technology through The Open Network (TON).
Durov’s Latest Statements on Cryptocurrency
Recently, Durov has made some significant statements related to the cryptocurrency world. He has endorsed the TON Blockchain spin-off project, Toncoin. This endorsement came as a surprise since Telegram had abandoned TON in 2020. Durov stated, “When Telegram said goodbye to TON last year, I expressed the hope that future generations of developers would one day carry on with our vision of a mass-market blockchain platform. So I was inspired to see the champions of Telegram’s coding contests continue developing the open TON project, which they rebranded to Toncoin.”
I was inspired to see the champions of Telegram’s coding contests continue developing the open TON project.
Pavel Durov
Privacy First
The founder of Telegram has emerged as a vocal advocate for privacy rights and a controversial figure in the cryptocurrency space. While enthusiastic about Telegram’s potential, Durov’s views on cryptocurrencies themselves seem more cautious.
Durov is a staunch defender of user privacy. He has repeatedly criticized governments’ surveillance practices, calling the US a “police state” and expressing concerns about the encryption of competitor Signal being potentially compromised due to US government funding. Telegram’s focus on encryption and its resistance to government pressure have made it a haven for privacy-conscious users worldwide
Resistance Dog
Even the main memecoin refers to freedom on Telegram. ReDo on Ton is the cryptocurrency token called Resistance Dog (REDO) designed for the TON Blockchain. It is a memecoin with a lighthearted or humorous theme, gaining traction on the TON platform.
ReDo current price can be tracked on various cryptocurrency websites like CoinGecko.
Ton: Telegram’s Blockchain Journey
Durov’s endorsement of Toncoin has sparked a nearly 30% spike in the toncoin token price. He emphasized that Toncoin is independent from Telegram but wished the team the same success. He stated, “Coupled with the right go-to-market strategy, they have all they need to build something epic.”
Goals for Toncoin
Durov outlined Telegram’s evolution beyond messaging, aiming to transform it into a crypto empire. Telegram plans to introduce features for buying assets and creating NFTs, with significant revenue shares. USDT recently launched on the TON blockchain, integrating tightly with Telegram’s services for broader access.
Durov’s Official Twitter Account
Pavel Durov is active on Twitter and his official account is @durov. He often shares his views and updates about Telegram and the crypto world on this platform.
Also about other views of the world of privacy and politics.
Pavel Durov’s has a promising future for Telegram in the crypto world. With the endorsement of TON and plans to integrate blockchain technology, Telegram is poised to become a significant player in the crypto ecosystem.