Telegram, a popular messaging app, has recently reached a significant milestone of 950 million active users. The company’s founder, Pavel Durov, shared this news on his channel, expressing a goal to cross the 1 billion mark this year. This rapid growth is exciting, but it also comes with some challenges and ambitious plans for the future.
Impressive Growth and Bold Plans
In March, Telegram had 900 million users; in just a few months, they will reach another 50 million. That’s a lot of new people! Durov mentioned that they aim to be profitable next year, which is important for any business to keep running and growing.
One of the most exciting announcements is that Telegram plans to launch its app store and an in-app browser with support for web3 pages. Web3 is the new internet generation focusing on decentralized services and blockchain technology. This means more security and control for users, which is a big deal considering how much we rely on the internet.
Entering the Web3 World
Telegram has been a supporter of cryptocurrency and blockchain for a while now. Even though their first attempt to enter space in 2018 didn’t go well, they’ve been making a comeback. For example, in December 2022, they started auctioning usernames on the TON blockchain. They have been helping developers create mini-apps and games that use cryptocurrency for transactions.
This year, Telegram started sharing ad revenue with channel owners by giving them Toncoin, a token on the TON blockchain. Earlier this month, they introduced a feature allowing channel owners to convert stars to Ton Coin, which can be used to buy ads at discounted rates or trade for other cryptocurrencies.
The Dark Side of Growth
However, with great power comes great responsibility. Telegram’s rapid growth and involvement in the crypto world have also attracted scammers. Since November 2023, there have been many reports of scams where people try to steal Toncoins from users. Even Kaspersky, a cybersecurity company, has warned about these schemes.
Pavel Durov has acknowledged this issue and assured users that Telegram is working to reduce these scams. Similar to Instagram, Telegram is planning to display the registration month and principal country for public accounts. Additionally, organizations will be able to use their mini-apps to label channels, creating a decentralized marketplace for third-party verification.
Techfocuspro Remarks
Telegram’s growth to 950 million users is impressive, and their plans to launch an app store and support Web3 pages are exciting. However, they must prioritize user safety and take strong measures against scams. While the advancements in Web3 and blockchain technology are promising, user trust is paramount. Telegram needs to balance innovation with security to ensure a positive experience for all its users.
It is thrilling to see how Telegram is evolving and taking on new challenges. If they can successfully integrate these new features while keeping users safe, they could revolutionize how we interact online. Let’s keep an eye on their progress and hope for the best.
Techfocuspro has previously covered how AI is propelling robot development in China, showcasing how innovations in AI are being leveraged to create more sophisticated and efficient robotic systems. If you want to learn more about how AI influences robot development in China, check out our article on this topic for a deeper understanding.
Some queries now people are searching About.
What is Telegram’s current user count?
Telegram has reached 950 million active users and aims to reach 1 billion within the year.
What new features is Telegram planning to launch?
Telegram plans to introduce its app store and an in-app browser to support web3 pages, focusing on decentralization and enhanced user security.
How is Telegram addressing security concerns related to scams?
Telegram is working to counteract scams by implementing features such as displaying the registration month and principal country for public accounts while allowing organizations to label channels for better verification.
How does Telegram’s engagement with cryptocurrency work?
Telegram has been involved with cryptocurrency by auctioning usernames on the TON blockchain, sharing ad revenue with channel owners in Toncoin, and providing features that let channel owners convert stars to Toncoin for ad purchases or trading.
