Telegram has introduced an update that allows users to convert digital gifts into non-fungible tokens (NFTs), opening up opportunities for trading and owning them on blockchain platforms.
Buy/Sell NFT gifts on Telegram
According to the official Telegram blog, the new feature turns gifts into unique collectibles with customizable attributes that can be traded or sold on NFT marketplaces.
Digital gifts are given individual attributes, such as background colors and icons, making each item unique. The upgrade requires an internal digital currency Telegram Stars, which covers the costs of blockchain transactions. The update covers more than 20 types of gifts, including popular items such as Jelly Bunny and Santa Hat. Collectibles provide users with greater flexibility in exchanging and personalizing digital assets.
The platform currently supports more than 1,400 unique designs of collectibles, with more planned for the future. New NFTs can be instantly transferred, exchanged, or sold.
Telegram NFT Gifts
Telegram users bought up 600,000 “rare” gifts in a few hours on the day of their launch, said the founder of the messenger Pavel Durov. The developers promised that such gifts could be converted into NFTs and traded.
A day earlier, Telegram added the ability to poison gifts, and some of them ended up in the “rare” (limited) category. These were two types of animated emoji in the form of a flower and candy, priced at 25 and 15 “stars” respectively.
“Yesterday we presented two types of limited gifts. Both are already sold out. The entire stock of 500,000 [gifts in the form of] lollipops and 100,000 [gifts in the form of] sakura flowers was sold out in a few hours,” Durov wrote.
The developers did not expect that the limited gifts would be sold out so quickly, the message says. They launched a survey among subscribers of Durov's Telegram channel on whether to introduce more limited gifts.
Buying and selling NFT gifts in Telegram: a new service with guarantors
Buy/Sell an NFT gift in Telegram
The world of cryptocurrencies and blockchain technologies continues to develop rapidly, offering more and more new formats of digital assets. One of these formats is NFT - non-fungible tokens that are used to confirm ownership of unique digital objects. Telegram, as one of the most innovative and popular communication platforms, is now becoming a place where buying and selling NFT gifts is becoming increasingly popular. In this article, we will look at how this process works, what NFT gifts are in Telegram and how guarantor services work to ensure the security of transactions.
What are NFT gifts?
NFT gifts are unique digital objects that can be sent to another Telegram user as a gift. These gifts can include:
- Digital art. Colorful and original images that are created by artists specifically for sale as NFTs.
- Collectibles. For example, limited edition stickers, emojis or avatars that can be used inside Telegram.
- Music and video. Exclusive audio and video clips available only to the token owner.
- Game assets. Items for games related to the Telegram ecosystem.
Each NFT gift is unique and has proof of authenticity thanks to blockchain technology. This makes such gifts valuable and in demand among collectors and messenger users.
How does buying and selling NFTs work on Telegram?
Telegram provides a convenient platform for interaction between buyers and sellers of NFTs. The main stages of the transaction are as follows:
- Search for offers. Telegram has channels and groups where users post ads for the sale or purchase of NFT gifts. Such groups are usually moderated by administrators to minimize the risk of fraud.
- Agree on the price. The buyer and seller agree on the cost of the token, the payment method, and the terms of transfer.
- Use of a guarantor service. To ensure the security of the transaction, both parties contact the guarantor, who acts as an intermediary.
- Transfer of the asset. After payment is confirmed, the NFT gift is transferred to the buyer.
The role of guarantor services
One of the key problems in the field of buying and selling digital assets is the risk of fraud. Guarantor services solve this problem by providing a reliable mechanism to protect both parties to the transaction.
How guarantor services work:
- Choosing a guarantor. The buyer and seller select a trusted guarantor who is a reputable third party in the Telegram community.
- Deposit funds. The buyer transfers funds to the guarantor, and the seller transfers the NFT gift.
- Verification and transfer. The guarantor checks that the NFT matches the description, and then transfers the token to the buyer. The funds are then transferred to the seller.
- Commission. The guarantor charges a commission for their services, which is usually 1-5% of the transaction amount.
Benefits and risks
Benefits:
- Security. Using guarantor services reduces the likelihood of fraud to a minimum.
- Simplicity. Telegram offers a convenient interface for communication and transactions.
- Affordability. NFT gifts can be available to users with any budget, from inexpensive digital stickers to exclusive works of art.
Risks:
- Fraud by unscrupulous guarantors. It is necessary to carefully check the reputation of the guarantor before starting a transaction.
- Market volatility. The price of NFTs can change dramatically, which makes such investments risky.
- Legal issues. In some countries, the legislation in the field of cryptocurrency and NFT remains unclear, which can create difficulties for users.
Examples of popular NFT gifts on Telegram
- Author's stickers. Exclusive sets created by famous artists.
- 3D avatars. Unique images for Telegram profiles.
- Musical cards. Animated images with embedded audio tracks.
Development Prospects
Telegram has already established itself as an innovative platform ready to implement new technologies. In the future, we can expect:
- Integration with crypto wallets. This will simplify the purchase and sale of NFTs directly within the application.
- Official marketplace. Telegram can create its own platform for trading NFTs, which will make the process more convenient and secure.
- Expansion of the range. New types of digital gifts may appear, such as virtual tickets or subscriptions.
NFT Gifts Telegram Buy/Sell/Auction
Buying and selling NFT gifts in Telegram is a new step in the development of the digital economy and the popularization of blockchain technologies. Thanks to guarantor services, transactions become safer, and unique digital assets find their owners. However, as in any new area, users should be careful, carefully check the information and choose only reliable partners for transactions. Telegram has huge potential for growth in this direction, and is already becoming an important player in the NFT market.