Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging application Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team.
The blockchain project launched the TON DNS service, enabling users to assign human-readable names to crypto wallets, smart contracts and websites in mid-July. In a message to his personal Telegram group named Durov’s Channel on Tuesday, he noted that he was “really impressed by the success of the auction TON recently conducted for their domain/wallet names.”. The first auctions on TON DNS went live on July 30, and much like the Ethereum Name Service (ENS) “.eth” domains, the “.ton” variant allows users to access decentralized.
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