Following the successful launch of TON DNS domain services by the TON Foundation in July, Telegram founder Pavel Durov proposed a username auction initiative. This system utilizes NFT technology to ensure ownership transferability between users. On October 27th, the username auction marketplace "Fragment" officially went live.
Introduction to Fragment Username Auction Platform
Fragment is a TON blockchain-based digital asset auction platform currently specializing in Telegram username trading. Users can participate in bids using TON tokens after connecting either a TON wallet or their Telegram account.
👉 Discover exclusive Telegram username auctions on Fragment
Current Auction Highlights
- The highest bid reaches 50,000 TON (~$100,000) for the username @casino
- Minimum bid increments require 5% above current offers (e.g., @casino now demands ≥52,500 TON)
- Four-letter usernames start at 10,000 TON (~$19,000)**, others at **500 TON (~$950)
Participation Guidelines
Usernames must:
- Begin with English letters (A-Z)
- Not be currently in use or reserved by Telegram
Winning bids grant:
- Immediate Telegram usage rights
- NFT-based ownership recorded on TON blockchain
TON Developer Insights and Market Impact
TON developer Bo-Wei Chen highlights Fragment's potential to revolutionize authentication systems:
"Combining NFT usernames with Telegram accounts and wallets creates a Web3-ready decentralized identity (DID) solution. Users could bypass traditional registration processes across platforms."
👉 Explore TON blockchain's growing ecosystem
Recent Market Developments
50% weekly price surge for TON following:
- Fragment's launch
- KuCoin exchange listing (source)
- Current price: $1.9 (at time of writing)
FAQ Section
How does Fragment ensure username ownership?
Usernames are minted as NFTs on TON blockchain, providing verifiable ownership and transferability.
Can I resell a purchased username?
Yes, all Fragment-acquired usernames function as tradeable NFTs.
What payment methods does Fragment accept?
Currently, only TON cryptocurrency is supported for bids.
Risk Disclosure
Cryptocurrency investments carry substantial risk, including potential total capital loss. Price volatility may be extreme. Conduct thorough risk assessment before participating.