Telegram CEO Pavel Durov Endorses MAJOR Token, Will Hold For Next 10 Years

Telegram CEO Pavel Durov announced his long-term commitment to the MAJOR token. He pledged to hold 1% of its total supply for 10 years.

Durov praised the Major mini app for its seamless integration with Telegram and strong community engagement. Major plans to launch its token on The Open Network (TON) with an airdrop. It will also list on six major exchanges, while its futures are already live on OKX.

Telegram CEO Backs Major Token with 10-Year Commitment

As per Pavel Durov’s update on his Telegram channel on November 28, the Telegram CEO expressed his support for the MAJOR token. He described the token as one of Telegram’s most successful mini apps, highlighting its remarkable growth. The platform generated $10 million in revenue and amassed 70 million users in just five months, showcasing its strong community engagement and innovative use of Telegram’s ecosystem.

Durov also disclosed that Major’s developer Roxman donated 1% of the total supply to him. Demonstrating his confidence in the project, Durov pledged to hold the tokens for the next 10 years without selling them. This move reflects his belief in the long-term vision and sustainability of the platform.

Beyond its impressive growth, the team plans to expand the Major mini app ecosystem with features like username NFT rentals, digital IDs, and a gaming hub. These innovations aim to maintain community engagement and enhance user experiences. Major’s seamless integration with Telegram and rapid adoption of mini app capabilities make it a standout success within the platform’s ecosystem.

Token Launch Across Crypto Exchanges Amid Market Buzz

MAJOR token, backed by Telegram CEO Pavel Durov, is creating a buzz as it prepares for listings on six top exchanges. While the official listings are anticipated, the futures are already trading on OKX at $1.43 at the time of writing. This momentum has drawn significant attention from the crypto community, particularly after Durov vows to hold 1% of the token supply for 10 years.

Crypto VCs were calling Durov a potential crypto Black Swan event for the industry, citing his ability to drive innovation and community trust. However, Telegram’s crypto holdings soared 225% to $1.3 billion in the first half of 2024, boosting revenue by 190%.

Moreover, Telegram mini apps are gaining traction for their innovative integration with the platform. Telegram CEO Pavel Durov highlights their success, while apps like Fintopio with its CeDeFi wallet, enable seamless crypto transfers.