Telegram launched a digital currency called Stars for in-app use last month. Now, the company is expanding its use cases to paid content. The chat app is also allowing channels to convert the stars they have to Toncoin — the cryptocurrency Telegram uses over The Open Network (TON) blockchain. Alternatively, they can use them to get discounts for channel promotions.
The company initially launched Stars to pay for digital goods offered by bots and apps within Telegram. Now, content creators can post content, which users can unlock with Stars.
The app is also allowing channel owners to withdraw Stars and convert them to Toncoin using the Fragment platform. If you have Toncoin, you can trade crypto through various exchanges and transfer money to your bank account. Notably, Telegarm has been using this portal to auction usernames over the TON blockchain.
Alternatively, channel owners can use Stars to get discount on ads through which they …