{"id":138747,"date":"2024-10-07T11:00:41","date_gmt":"2024-10-07T08:00:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138747"},"modified":"2024-10-07T00:58:52","modified_gmt":"2024-10-06T21:58:52","slug":"nft-conversion-feature-coming-to-telegrams-new-gifts-initiative","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/nft-conversion-feature-coming-to-telegrams-new-gifts-initiative\/","title":{"rendered":"NFT Conversion Feature Coming to Telegram&#8217;s New Gifts Initiative"},"content":{"rendered":"<p>Gifts consist of animated images that users can display on their profiles or convert into the platform\u2019s in-app currency, Stars.<\/p>\n<p>On October 5, Telegram <strong><a href=\"https:\/\/telegram.org\/blog\/gifts-verification-platform\/\" rel=\"nofollow\">introduced<\/a> <\/strong>Gifts, enabling users to send personalized messages and animated art to their contacts. Recipients can showcase these gifts on a dedicated Gifts tab on their profiles and choose to convert them into Stars, a currency launched by Telegram on June 6 to facilitate payments for digital services and support creators.<\/p>\n<p>While discussing the Gifts feature, Pavel Durov <strong><a href=\"https:\/\/t.me\/durov\/348\" rel=\"nofollow\">revealed<\/a><\/strong> in a Telegram post that some of these animated artworks will soon be convertible into NFTs. He mentioned, \u201cSome gifts are in limited supply. Later this year, we\u2019ll introduce the ability to convert these limited-edition gifts into TON-based NFTs.\u201d Once transformed into blockchain-based collectibles, these exclusive Gifts can be traded or auctioned outside of Telegram, with ownership tracked on the blockchain.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-138695\" href=\"https:\/\/cryptodnes.bg\/en\/2025-gold-price-predictions-from-jpmorgan-and-bank-of-america\/\" title=\"2025 Gold Price Predictions from JPMorgan and Bank of America\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/gold223332-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">2025 Gold Price Predictions from JPMorgan and Bank of America<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>In addition to Telegram\u2019s plans, the popular Telegram-based Web3 game Hamster Kombat announced earlier its intention to integrate NFTs as in-game assets in November.<\/p>\n<p>However, despite this enthusiasm for NFT support within Telegram, the broader NFT market is experiencing a downturn, having recorded its lowest sales volume since 2021. September saw NFT sales plummet to $296 million, marking an 81% decrease from the peak month of March this year. Moreover, NFT transactions dropped by 32% month-over-month, falling from 7.3 million in August to just 4.9 million in September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telegram&#8217;s CEO recently hinted at a new feature allowing non-fungible token (NFT) conversions, coinciding with the launch of the platform\u2019s new Gifts feature.<\/p>\n","protected":false},"author":3,"featured_media":35196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"coin_category":[],"class_list":["post-138747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFT Conversion Feature Coming to Telegram&#039;s New Gifts 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