February 13

What is wrong with the Telegram usernames Fragment platform?

Perhaps this article will challenge the industry of selling and buying Telegram usernames...

Perhaps Pavel Durov does not know what will be written below and what damage may be caused to the reputation of Telegram...

Perhaps that employees or owners of the Fragment platform are to blame for these events...

We do not know. This story has many different variations.

But there are facts that need to be made public and disseminated. And we will be very grateful for your help in this.

According to our roadmap, we studied TON (The Open Network) for two months before launching the BitOK token project. These are not empty words.

We have studied various services and applications of the TON ecosystem. Some of them services had a clear understanding. For some services we only have guesses. For some services we have little information on which to draw conclusions.

Everyone can check everything that is written below. To do this, you need to have an NFT username and put it up for sale. The auction can be canceled at any time. You will only lose a commission of 0.01 TON.

This article was originally published on Reddit, but our account was banned. So we created a few different blogs to talk about it.

If you are interested in TON or use Telegram, then you know about the Fragment platform. Any search on the Internet will tell you: "Fragment is a fully decentralized auction platform that sells anonymous numbers and usernames".

On the Fragment platform home page you see the phrase: "Secure your name with blockchain in an ecosystem of 700+ million users and assign it as a link for your personal account, channel or group".

Fragment is integrated with Telegram usernames – giving users the ability to securely acquire and exchange catchy collectible usernames, as well as convert existing usernames on Telegram into collectibles. Additionally, Fragment allows users to purchase anonymous numbers that can be used to register a Telegram account without tying it to a SIM card.

How can I purchase collectibles?

You can purchase a collectible on Fragment by exchanging it with a special currency called Toncoin – the amount you need will depend on what the current highest bid is, just like any other auction.

Putting Collectibles Up For Auction.

If you own a collectible, you are free to either sell it directly or auction it to the public at any time. To do so, tap on My Assets and select either Put up for auction or Sell depending on what you want to do.

Note that collectibles are subject to a 5% platform fee on each transaction.

Auctioning Basic Usernames.

Any basic username from your Telegram account can be auctioned on Fragment, including those that are linked to your profile, public groups or public channels.

Is it so? Yes that's right!

For more than two months we bought and sold usernames, tied them to Telegram channels and chats. This all works great!

There is no doubt that all the features of the Fragment platform work as the developers claim.

But there is a nuance... The devil is in the details...

We will tell you about this, because it is very important for both sellers and buyers.

If you've ever sold a username, you may have noticed that the auction only lasts 7 days. But in the auction lists there are usernames that are sold for a period of 7 days to 1 year.

How is this possible?

There is only one explanation - these auctions were announced by the administration of the Fragment platform.

Another feature is that on the Fragment platform there are many lots for sale with idiotic names made up of letters and numbers. They take up a lot of space on the site and interfere with the search for interesting usernames. Therefore, any buyer does not find anything for himself and leaves.

At the same time, there is a search on the platform and through it you can search for a usernames to purchase.

You may ask: why look for a name if there are convenient filters for the cost of the name and others?

I will answer you with living examples.

Especially for this article, we put several usernames up for auction. You will see everything for yourself.

Here is the username "audites" for 10000 TON. There are two days left of the seven days left in the auction.

But if you go to the main page of the Fragment platform and select the "On auction" and "Price high to low" filters, then this username will not appear when selecting filters.

And even if you select the "For sale" filter, you won't see that username for sale either. Also see which titles and prices rank first.

But if you search for this username through the search, you will find it with the specified auction end date.

Is incredible? But this is a fact!

We waited until the end of the auction to show you what's coming next. On the main page of the Fragment platform, we selected the filters "On auction" and "Ending soon". In this case, we see the completion of all online auctions. They are constantly updated. At the very bottom of the page there are auctions that end in seven hours. And only in this case, for the first time, we see a username that is being sold at auction.

So, you put your username up for auction for 7 days and pay a commission of 0.01 TON. But your auction will only be visible through search or filters for the last seven hours before it ends!

What do you think about this idea from the owners of the Fragment platform?

How can we confirm the validity of our statements and examples?

It's simple. We tested our theory on another name selling platform. This is Getgems, on Russian.

This site is also a platform for buying and selling NFTs. It receives information about Fragment platform auctions in real time. We selected filters by name price and immediately found our "Audites" lot.

Proven? Yes!

We checked the above with another username "stockfinance". Just look at the screenshots. Everything here is clear without words.

All these cases are not isolated. We studied this problem for more than two months and held auctions. The result was the same!

Thus, it must be recognized that ordinary sellers and buyers are in a discriminatory position. It is more difficult for them to find and buy a Telegram username.

Our vision and policy is on the side of fairness and true transparency in blockchain technology and cryptocurrencies. Therefore, we decided to temporarily create a free and open platform for meetings between buyers and sellers of usernames Telegram.

This is TUEX - Telegram Username Exchange.

Yes, it may not look very comfortable, but it has its advantages:

1. Usernames are posted free of charge and forever.

2. We act as an intermediary (guarantor) in deals.

3. The commission for services is very small.

4. Placing offers for sale is not limited in time.

5. You can search usernames using hashtags (“#”).

6. You can pay deals using BitOK (BTK) tokens.

We will be grateful to every cryptocurrency supporter who shares this article with their friends or online. If you want to translate it into the language of your country and post it on blogs or social networks, then we can consider such cooperation.

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