Telegram Launches 'Telegram Stars' Digital Payment System Linked to Toncoin

Jun 6, 2024, 08:29 PM

Telegram has launched a new digital mini-app payment system called 'Telegram Stars.' This system enables users to purchase digital services through in-app purchases on both iOS and Android platforms. The new currency, Stars, is linked to Toncoin, which recently hit an all-time high price. App developers can convert their Stars into TON and use them to promote their apps on Telegram. The integration aims to onboard millions to web3 with simple gameplay mechanics. Telegram CEO Pavel Durov announced the launch, highlighting its potential to enhance the user experience within Telegram's ecosystem. Notcoin and Hamster Kombat, which has hit 100 million players, are among the notable mini apps utilizing this system.