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Binance Ends Support for Bitcoin Ordinals NFTs

Binance's Strategic Shift: No More Bitcoin Ordinals on NFT Marketplace The cryptocurrency landscape is ever-evolving, and recent developments indicate that even the most established platforms must adapt to stay relevant. Binance, one of the leading crypto exchanges globally, has made a significant decision regarding its NFT marketplace by announcing the discontinuation of support for Bitcoin Ordinals. This decision reflects the exchange’s ongoing commitment to streamline its product offerings while responding to the dynamic nature of the digital asset market. Key Details of Binance's Announcement End of Support for Bitcoin Ordinals : Starting April 18th, users will no longer be able to trade Bitcoin Ordinals on the Binance NFT Marketplace. Withdrawal Deadline : Users are advised to withdraw their Bitcoin Ordinals from the marketplace before May 18th to avoid any complications. Airdrop and Utility Cessation : From April 10th, any airdrops, benefits, or utilities linked ...

Telegram Introduces Toncoin for In-App Advertising

Telegram Launches Toncoin-Based Ad Payments: A New Era for Advertisers

In an ambitious move that signals a significant shift in the advertising landscape, Telegram has announced that users can now purchase in-platform advertisements using Toncoin. This innovative approach not only enhances advertising options for users but also provides a revenue-sharing incentive for channel owners. This development opens up intriguing possibilities for engagement and monetization within the Telegram ecosystem.

Key Features of the New Advertising Model

  • Toncoin Integration: Advertisers can use Toncoin to purchase ads, starting with modest budgets. This transition to cryptocurrency emphasizes Telegram's forward-thinking approach in embracing digital currencies for everyday transactions.

  • Targeted Advertising: Users can select specific channels for their ads, ensuring that promotions reach the most relevant audiences. This precision enhances the effectiveness of advertising campaigns on the platform.

  • Revenue Sharing Program: Channel owners with over 1,000 subscribers will receive an enticing 50% of the revenue generated from ads displayed in their channels. This not only incentivizes content creation but also fosters a thriving community of channel owners.

Upcoming Features and Benefits

  • Withdrawal Options: Channel owners will soon be able to withdraw their earnings through Telegram's Fragment exchange, allowing for seamless access to funds without incurring fees. This feature is expected to roll out in the coming weeks.

  • Reinvestment Opportunities: Channel owners have the option to reinvest their earnings into future advertising, collectible usernames, or Premium giveaways, fostering a cycle of growth and engagement within the platform.

The Evolution of Toncoin

Originally part of the Telegram Open Network, Toncoin has undergone a transformative journey. After Telegram's decision to abandon its plans for the network amid regulatory challenges with the U.S. Securities and Exchange Commission, a dedicated group of developers continued the project, rebranding it as The Open Network. This evolution has allowed Toncoin to thrive as the native currency of a robust blockchain ecosystem.

Why Toncoin?

Telegram's choice to utilize Toncoin for ad payments is strategic, primarily due to its low transaction fees and rapid processing speeds. This decision not only enhances the user experience for advertisers but also underscores Telegram's commitment to leveraging cutting-edge technology to benefit its community.

As Telegram continues to innovate within the digital advertising space, this initiative could redefine how users interact with content, making it a pivotal moment for both advertisers and channel owners alike. The seamless integration of Toncoin into Telegram's advertising framework is set to create a more dynamic, user-focused ecosystem that promotes growth and engagement.

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