Pavel Durov: belief

Transcript context

…So a lot of people are making millions of dollars on the Telegram platform. Yes. We enabled them to receive payments from the users through in-app purchase mechanism provided by Apple and Google, which I think was the first attempt of this kind, to allow that both on iOS and Android on a big platform so that third-party developers of mini apps, which are basically websites so deeply integrated into Telegram that you can’t tell whether they’re standalone or they’re part of the overall experience. And by providing this payment option, we’re able to extract a commission from these transactions. But it’s a very low commission. Presently it’s 5%. So we’re not greedy here. We want people to succeed in building these tools for our users. We understand that mini apps bring us users. The more users we have, the more successful and relevant Telegram becomes. We need third-party developers. I think at this point, Telegram gives developers by far the most powerful tools to create. Plus there’s a bot API. And I mean you have to tell me about the TON blockchain and the crypto ecosystem available through Telegram. So what is TON aka The Open Network blockchain?…

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