Telegram has introduced a money system for use within the Telegram Stars app, which allows for the buying and selling of digital goods within Telegram’s mini-app. The money within Telegram Stars can be purchased through the In-App system on both iOS and Android via PremiumBot, with Telegram stating that it complies with the terms of selling digital goods through the iOS and Android store systems.
The question now arises, how will developers convert this digital money from Telegram Stars? The answer lies in developers being able to convert the Stars coins they receive into Toncoin (TON), Telegram’s cryptocurrency, through the Fragment platform. Alternatively, they can use Stars to purchase promotions through advertising on Telegram. In the case of purchasing in this manner, Telegram will assist in covering the 30% fee that would normally be paid to Apple or Google.
Source: Telegram
TLDR: Telegram introduces a money system in Telegram Stars for buying/selling digital goods; developers can convert Stars coins into Toncoin or use them to buy promotions, with Telegram covering the 30% fee for purchases.
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