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Competition drives progress!
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Telegram
Telegram Contests
๐ Blockchain Contest, Round 1
Telegram and TON Core announce a new coding contest!
Prize Fund: $100,000 to $200,000
Deadline: 23:59, February 4th (Dubai time)
Tasks: Blockchain Validation (C++ code optimization) and/or Trustless Bridge (participants canโฆ
Telegram and TON Core announce a new coding contest!
Prize Fund: $100,000 to $200,000
Deadline: 23:59, February 4th (Dubai time)
Tasks: Blockchain Validation (C++ code optimization) and/or Trustless Bridge (participants canโฆ
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Following the success of the Chinese startup DeepSeek, many are surprised at how quickly China has caught up with the US in AI. However, Chinaโs progress in algorithmic efficiency hasn't come out of nothing. Chinese students have long outperformed others in math and programming at international olympiads
When it comes to producing outstanding performers in math and science, China's secondary education system is superior to that of the West. It fosters fierce competition among students, a principle borrowed from the highly efficient Soviet model
In contrast, most Western schools discourage competition, prohibiting public announcements of students' grades and rankings. The rationale is understandable โ to protect students from pressure or ridicule. However, such measures also predictably demotivate the best students. Victory and defeat are two sides of the same coin. Eliminate the losers โ and you eliminate the winners โฏ๏ธ
For many students, motivation to excel in high school comes from treating it as a competitive game, striving to rank first against strong opponents. Removing transparency in student performance can make school feel meaningless for ambitious teenagers. Itโs not surprising that many gifted kids now find competitive gaming more exciting than academics โ at least in video games, they can see how each player ranks
Telling all students they are champions, regardless of performance, may seem kind โ until you consider how quickly reality will shatter this illusion after graduation. Reality, unlike well-meaning school policies, does have public grades and rankings โ whether in sports, business, science, or technology. AI benchmarks that demonstrate DeepSeek's superiority are one of such public rankings. And more are coming. Unless the US secondary education system undergoes radical reform, Chinaโs growing dominance in technology seems inevitable
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Telegramโs third major update this year is out. With it, weโre taking another step towards supporting our own video platform: meet video covers, saved progress, and timestamp sharing ๐
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And donโt miss the new AI-powered sticker search! Now, you can intuitively find the perfect fit from millions of user-created stickers in 29 languages. Weโll continue expanding the index in future updates โ once we clean out the not-so-kosher (and not-so-halal) ones ๐ฆถ
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Over the past 5 weeks, thousands of users asked us to add new gifts ๐
So today, weโre launching 9 limited-edition gifts:๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐
And 4 of them๐ ๐ ๐ ๐ can be instantly upgraded into unique collectibles๐
Happy Valentineโs Day!๐
So today, weโre launching 9 limited-edition gifts:
And 4 of them
Happy Valentineโs Day!
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It took 6 minutes for this entire collection to sell out. People paid over $200 for each of the 2000 hearts. $400,000 in 6 minutes ๐
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15,000 Loot Bags costing about $50 each sold in 24 minutes, $750,000 total. Once minted, they turn into insanely beautiful art pieces ๐ซ
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In just one hour, all the rings are gone โ๏ธ
35,000 items, ~$20 each. Thatโs $700,000 in sales โ while most people were asleep๐ค
At this rate, weโll run out of Valentineโs gifts in no time.
Are they too cheap?๐ง
35,000 items, ~$20 each. Thatโs $700,000 in sales โ while most people were asleep
At this rate, weโll run out of Valentineโs gifts in no time.
Are they too cheap?
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All nine Valentineโs gifts sold out within a few hours, totaling over $5M.
Weโll have to release more โ canโt have our American users waking up to empty shelves๐
Weโll have to release more โ canโt have our American users waking up to empty shelves
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Pavel Durov
Iโm not surprised the smartest people on the planet are endorsing TON
Peter Fenton, Partner at Benchmark:
Telegramโs user base, which is expected to grow to over 1.5 billion through 2030, creates an unprecedented opportunity in the history of humanity to provide ubiquitous financial flows that have been limited until now to information flows, TON provides the backbone for human-scale democratization of financial activity.
Micky Malka, Founder at Ribbit:
Ribbit partners with exceptional teams tackling and solving the worldโs biggest problems. TON and Telegram exemplify this, working together to expand financial access globally by coupling the best technology with a seamless consumer experience.
Tim Draper, Founder of Draper Associates:
Iโve been a long-time believer in the potential of blockchain to disrupt traditional industries and systems. TONโs technology is highly impressive, and its integration with Telegram provides it with a distribution that no other blockchain can match.
Shaun Maguire, Partner at Sequoia Capital:
The TON team is the best in the world at the intersection of consumer product thinking and crypto infrastructure. When you combine this with the global distribution of Telegram, weโre very excited to see where they go.
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We issued bonds four years ago โ at a time when Telegram had zero revenue and half the user base we have today.
๐ฆ What makes the difference is our bondholders: some of the worldโs most reputable global funds. Their continued support helps Telegram stay independent and grow stronger in any economic environment
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