Telegram, a popular messaging app known for its security and user-friendly features, operates on a freemium revenue model. While the app is free to use, Telegram has introduced certain features and initiatives to generate revenue and sustain its operations. In this article, we will explore how Telegram makes money and maintains its position as a leading messaging platform.
Self-Funded Development
Telegram was initially self-funded by its co-founders, Pavel Durov Indian Telegram Number Data and his brother Nikolai Durov. They invested their own capital to develop and launch the app, allowing them to maintain control over the company’s direction and principles.
Initial Coin Offering (ICO)
In 2018, Telegram conducted a highly publicized Initial Coin Offering (ICO) to raise funds for its ambitious blockchain-based project called the Telegram Open Network (TON). The ICO was conducted in multiple rounds and raised billions of dollars from private investors who purchased Gram tokens, the cryptocurrency associated with the TON project.
Abandonment of TON Project
Despite the significant amount Phone Number QA raised through the ICO, the TON project faced regulatory challenges from various jurisdictions. Concerns surrounding the legality and compliance of the Gram cryptocurrency led to legal battles with regulatory authorities. As a result, Telegram decided to halt the development and launch of the TON project in 2020, refunding the investment to investors.
No Traditional Ads
Unlike many other social media platforms and messaging apps, Telegram does not display traditional ads within the app. The company takes a firm stance on user privacy and does not rely on targeted advertising or leveraging user data for revenue.
Telegram Bots and Bot Payments
Telegram supports bots, which are automated programs that can interact with users and provide various services. While most bots are available for free, some developers may offer premium or subscription-based services through their bots. Telegram introduced the “Bot Payments” feature, allowing businesses to create custom bots to facilitate transactions and payments within the app. This feature enables businesses to offer products or services directly through Telegram bots, potentially generating revenue.
Conclusion
Telegram primarily relies on self-funding by its founders and the funds raised through the Initial Coin Offering (ICO) for its revenue. The company has avoided traditional advertising and maintains a user-friendly and ad-free experience. While the ambitious Telegram Open Network (TON) project faced regulatory hurdles and was eventually abandoned. Telegram continues to explore alternative monetization efforts, such as the “Bot Payments” feature, which allows businesses to offer products or services through custom bots. As of the current state. Telegram remains committed to providing a free and secure messaging experience. While experimenting with innovative ways to generate revenue and sustain its development and operations.
