Telegram's Pavel Durov: Cocoon decentralized AI network now live
PositiveCryptocurrency
- Telegram's founder Pavel Durov announced the launch of Cocoon, a decentralized AI network designed to enhance user privacy, built on The Open Network. Users can earn TON by renting out their computing power, marking a significant step in the integration of AI and blockchain technology.
- This development is pivotal for Telegram as it expands its ecosystem, potentially increasing user engagement and attracting new users interested in decentralized technologies and AI applications, while also enhancing the utility of the TON token.
- The launch of Cocoon coincides with a notable 8% rally in the value of TON, reflecting growing investor confidence in the Telegram ecosystem, which is also diversifying into tokenized stocks and digital collectibles, indicating a broader trend towards integrating traditional financial assets with blockchain innovations.
— via World Pulse Now AI Editorial System
