The long-awaited marketplace for usernames in Telegram is launched – Fragment .
Now users can get a lot of usernames reserved by the messenger team. This also applies to four-letter names like @base, @bank, @game, which will soon find their owners.
The purchase of names is carried out on the basis of an auction – users place bids, the username gets the one whose maximum bid is not outbid within a week.
The minimum bid depends on the length of the username – the shorter, the higher the initial bid. The minimum amount for a 4-letter name is 10,000 Toncoin (about $19,000). The initial rate will decrease daily if the first buyer is not found.Fragment Corp. not a subsidiary of Telegram Messenger Inc., it is just a free platform for selling digital objects between users. Telegram only provides the owners of these digital objects with the privileges associated with them. This is
stated in paragraph 3.1 of the rules. In addition, the platform is not available in the US according to clause 1.4 of the rules.
Technically, the sale of names is carried out using smart contracts on the TON blockchain (since Telegram originally invented the language of these smart contracts).When it comes to scalability and speed, TON probably has the best technology to carry out such decentralized sales.
Our team can write bulletproof smart contracts for TON (since we are the ones who invented its smart contract language), so we tend to try TON as the base chain for our future market. Let’s see if we can add some Web 3.0 to Telegram in the coming weeks,” Durov concluded earlier.