TOKEN2049: what was the speech of Pavel Durov and Paolo Ardoino about?

The TOKEN2049 conference is taking place in Dubai on April 18-19. Among the speakers were Pavel Durov and Paolo Ardoino. They presented their projects and announced cooperation. Both Durov and Ardoino announced several important decisions. In particular, this is the ability to pay off on-chain commissions in TON in USDT.

The TOKEN2049 conference is being held in Dubai on April 18-19, 2024. Speakers included Telegram owner Pavel Durov and Tether CEO Paolo Ardoino, among others. They announced cooperation.

The performance of Durov and Ardoino began at 14:20 Kyiv time. The first to take the stage was the owner of Telegram and co-founder of The Open Network (TON) project Pavel Durov.

Pavel Durov at the TOKEN2049 conference. Photo: Incrypted.

He also elaborated on the distribution of advertising revenues. We've already talked about this before.

At the same time, Durov introduced a new product — Tips for Creators. At the same time, content authors will receive up to 70% of the proceeds in this area.

Pavel Durov at the TOKEN2049 conference. Photo: Incrypted.

In addition, during his speech, Durov noted the following:

the messenger will have the ability to tokenize stickers and emoji based on TON; Telegram will also add the purchase of goods and services directly through the application. Pavel Durov at the TOKEN2049 conference. Photo: Incrypted.

The next person to take the stage was the founder of The Open Platform project, Andrey Rogozov. He joined the TON Foundation in January 2022.

During his speech, he talked about the integration of TON into the messenger. Rogozov elaborated on some solutions, including a built-in crypto wallet and Mini Apps.

He paid special attention to the Notcoin project. We previously reported that the team revealed the details of converting game coins into NOT tokens.

Rogozov called the project a “phenomenon.”

Next, Tether CEO Paolo Ardoino took the floor. He also began with a presentation of the company’s financial performance, as well as the capitalization of the USDT stablecoin.

Paolo Ardoino on TOKEN2049. Photo: Incrypted.

As expected, Ardoino further confirmed the launch of the coin on the TON network. We described this in detail in a separate article.

Paolo Ardoino on TOKEN2049. Photo: Incrypted.

According to him, cooperation with TON brings the following advantages:

blockchain is aimed at ordinary users, it has low commissions; access to USDT for a huge Telegram audience; huge opportunities for scaling; the ability to pay on-chain commissions in USDT. This opportunity, according to Ardoino, will appear a little later.

At the end of the performance, Durov and Rogozov also appeared on stage.

Paolo Ardoino, Pavel Durov and Andrey Rogozov at TOKEN2049. Photo: Incrypted.