Telegram surpasses 950M users and announces app store plans

The cloud-based messaging software program Telegram will launch its personal app retailer by the tip of July, as the corporate sees file customers.

Based on the founder Pavel Durov, Telegram has reached the 950 million energetic customers mark and it goals to cross the one billion milestone this yr.

This comes simply 4 months after the corporate introduced it had hit 900 million users in March.

In a message on the founder’s channel, posted on Monday (July 22) he defined how the momentum will proceed for the model: “To maintain the hearth going, this month, we’ll introduce a mini app retailer and an in-app browser with assist for Web3-pages.”

Additional particulars concerning the app retailer aren’t but recognized, however info might be anticipated throughout the following week because the month will quickly come to a detailed.

The milestone of customers is one other notch on the corporate’s belt because the founder defined to the Financial Times, again in March, the way it’s nearing profitability. “We hope to develop into worthwhile subsequent yr, if not this yr.”

Telegram reveal plan in message from founder

The corporate earns cash by way of promoting and premium subscription services which have been launched two years in the past as a approach to keep unbiased.

Then, this yr, Telegram began sharing advert income with channel homeowners by handing out the toncoin which is a token on the TON blockchain. Over the previous couple of years, the Dubai-based staff has centered on accelerating the adoption of web3 know-how.

In the identical message that featured the app retailer announcement, Durov mentioned: “2024 will go down in historical past because the yr when tons of of tens of millions of individuals grew to become aware of blockchain. We’re proud that Telegram is on the epicenter of this societal transformation.”

Whereas the customers are rising and concepts are increasing, the software program has confronted many rip-off makes an attempt for a very long time. The founder has addressed this and shared how the staff is working to stop this from occurring.

“We will even step up our efforts to struggle the scammers searching for to defraud new entrants into the crypto realm. Quickly, Telegram will start displaying the month of registration and principal nation for public accounts (just like Instagram).

“We will even enable organizations to make use of their mini apps to subject labels for channels, making a decentralized market for third-party verification.”

Featured Picture: By way of Yuri Samoilov on Wikimedia Commons