A user on Telegram is proposing a sale of their username for a staggering $25 million.
In the world of Telegram, usernames have become more than just identifiers. They have evolved into valuable digital assets, with some fetching astronomical prices. One such username is @pavel, linked to Pavel Durov, the founder of Telegram.
According to reports, the username @pavel was initially obtained for free by Pavel Fedorov, a user on the platform. However, the details of its subsequent sale are not widely reported. What is known is that the username was later auctioned on the Fragment platform, with a reported price of approximately 8 million rubles, although no specific sale price for @pavel has been confirmed.
The rise in the price of usernames on Telegram can be attributed to the ownership security granted by blockchain technology and the demand for short, distinctive handles. For instance, the username @crypto was bought for $350,000 by an early TON adopter about 2.5 years ago and recently received an offer of $25,000,000. This highlights the potential value of premium usernames in Telegram’s ecosystem.
Telegram users own their usernames directly on the blockchain via TON smart contracts, allowing for secure buying and selling without middlemen. This has led to both legitimate high-value sales and scams targeting Telegram users.
Interestingly, Pavel Durov, the founder of Telegram, described the platform as the only major social platform that considers users as free people. This ethos extends to the ownership of digital identification data and assets, as users have the right to own their usernames on Telegram.
Over the past 1.5 years, a total of $350 million (around 34 billion rubles) has been spent on usernames and anonymous numbers in the Fragment platform. This underscores the growing market for valuable usernames on Telegram.
Despite the lack of confirmed public information about the sale price of @pavel, the username's prestige and the increasing value of usernames on the platform make it a highly sought-after asset. The story of @pavel serves as a testament to the potential value and demand for unique and distinctive usernames in the Telegram ecosystem.
- The high price of the username @pavel, linked to Telegram founder Pavel Durov, underscores the growing value of unique and distinctive usernames in the finance-driven business world of Telegram, fueled by blockchain technology and general-news demand for short, distinctive handles.
- In the Telegram ecosystem, the ownership of premium usernames like @pavel, which was auctioned for approximately 8 million rubles, has become a lucrative asset due to the security offered by blockchain technology, the demand for short, distinctive handles, and the potential value associated with such digital assets.
