Pavel Durov Supports Major Mini App as MAJOR Token Launches
Pavel Durov, CEO of Telegram, supports the Major mini app and its native token MAJOR, which launched today on multiple exchanges. The token, based on The Open Network #TON, experienced significant price movement, rising from an initial price of $0.6793 to $36.75 before stabilizing at $1.43.
Durov pledged to hold 10 million MAJOR tokens, amounting to 1% of the total supply, for ten years. He expressed admiration for Major’s integration with Telegram and its innovative roadmap, which includes features such as username NFT rentals and digital IDs.
Durov's endorsement has enhanced the project's credibility and visibility within the blockchain space. Major’s team acknowledged his support:
“Special thanks to Pavel Durov for believing in our project and his kind words. We greatly appreciate them, as well as the convenient and cool Telegram platform where any project can be realized.”
Wild Debut on Six Exchanges
The MAJOR token debuted with an airdrop and is now listed on six major exchanges, including OKX, which initiated futures trading prior to the official launch. The token rose over 110% from its opening price and briefly reached $36.75, indicating strong market interest and speculative trading.
Currently, the MAJOR token has a market cap of $143.29 million. The project has a total supply of 1 billion tokens, though maximum supply details remain unspecified.
About Major Mini App
Launched in July 2024, Major is a star-collecting game designed for Telegram users. Players earn Stars, the in-game currency, to compete for ranks within the community. In five months, the app gained over 70 million users and 40 million monthly active participants, establishing itself as a leading project on TON.
As part of the launch, the Major team allocated 10% of the token supply to themselves, with 9% locked for two years and 1% given to Durov. The project's success underscores the synergy between blockchain technology and social platforms, positioning Telegram as a hub for innovation.
The game's integration with Telegram enhances user experience by incorporating features that feel native to the platform. Recently, crypto exchange Bitget announced a partnership with Major to facilitate gas-free airdrops for MAJOR tokens.
With its innovative features, large user base, and Durov’s endorsement, Major is positioned to lead in the Telegram-based blockchain gaming sector.