Pavel Durov
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's only half a year old.
So let's see where it goes.
We're going to select our next
influencer or artist to be part of it.
We didn't expect it, by the way.
We just had a lot of fun launching these things and then we realized that one of the first collections we issued, we sold each piece at something like
$5 and then the minimum price of any items in these collections currently is something like $10,000 and it keeps going up
So I was quite surprised with the reception.
I realized when you are trying to monetize social media platform in a way that is consistent with your values, you're forced to find ways that benefit
your users, not exploit them.
People love these gifts.
People love the fact that they can congratulate a person close to them with something valuable and at the same time something beautiful.
Also, some people make a business out of it, which is funny.
They resell these gifts.
We recently met a guy who earned several million dollars
Just from buying and selling gifts.
It's a real market.
It's a real market.
It's just something that he did in a few months.
And last year, when we launched many new features for the mini apps on Telegram and the payment options for them and the other monetization options, the same guy earned $12 million worth