A reclusive billionaire is on a spree, snagging short usernames on Telegram.
At the Fragment auction, the @news username was sold for a staggering sum of 994,000 TON (around $1.7 million) on Telegram. Before that, the priciest username sold was @auto, which went for $1.6 million. Both usernames were bought from the same account, currently holding around 20.9 million TON, translating to about $37.6 million at today’s exchange rate. The individual behind this account remains shrouded in secrecy.
This buyer is also known as @news and @auto, along with several other handles like @pizza, @alfa, @doge, @crew, and @aura. Totaling 33 NFTs that correspond to Telegram usernames and matching addresses, this account's identity remains elusive. However, given their substantial TON holdings, it’s evident they are a pivotal figure within the Telegram Open Network world. Recently, their account has seen an uptick in activity, snapping up premium usernames.
- According to the auction service's FAQ, it's important to note that Telegram Messenger Inc. is not affiliated with Fragment Corp. Consequently, a future change in Telegram’s ownership could lead to potential disputes.
- Moreover, the site clearly states that Telegram retains the right to limit or revoke any username that has already been bought.
What fuels the craze for short Telegram usernames, and why are buyers ready to shell out such extravagant amounts for them? The intentions of the buyer remain uncertain. This could be a major marketing firm acquiring usernames on behalf of clients, or perhaps a savvy speculator hoping to flip it for a profit down the line.
Read related articles:
Disclaimer
In line with the Trust Project guidelines It’s essential to clarify that the information on this page is not meant to serve as legal, tax, investment, financial, or any other type of advice. Always invest what you can afford to lose, and consider seeking advice from a financial professional if you're uncertain. For more details, please refer to the issuer’s or advertiser’s terms of service and support pages. MetaversePost strives to provide precise and unbiased news, but bear in mind that market conditions can evolve without prior notice.
