Telegram usernames auction: details

Very soon Telegram will launch the Telegram Auction Platform, deployed in the TON blockchain, where users will be able to buy and sell short nicknames in the messenger.

Some details have become known:
• All usernames will be sold as TON-based NFTs.
• The usernames can be stored in cryptocurrencies and put up for sale both on marketplaces and on the official Telegram platform.
• The Telegram Auction Platform mechanism echoes the TON DNS auction mechanism: bidding for a nickname starts when the user makes the first bid. Each auction will be limited in time.
• No need to renew domains.

Recall that Telegram is holding a competition to crack the smart contract of the auction platform.

The release of the platform will take place in the very near future.