Telegram’s limited edition gifts for February 14 were sold out in a matter of hours for $5 million. Who bought them and why?

On the eve of Valentine’s Day, Telegram launched a Valentine’s collection of 9 gifts, 3 of which can then be converted into NFTs, which caused a real stir. Who bought them? No, these are not romantic and head-over-heels in love messenger users.

The first was a collection of 2 thousand hearts that was sold out in 6 minutes for a total of $400 thousand.

Then «loot runs» were used: 15 thousand bags of $50 were snatched up in 24 minutes, totaling $750 thousand.

Next, Telegram released 35,000 ring gifts for $20 each. They were sold out in an hour, adding another $700 thousand to the total amount.

Thus, in just a few hours, all nine types of valentines were sold for more than $5 million.

Gifts on Telegram are becoming an increasingly popular topic among investors because of the possibility of converting them into NFTs (non-fungible tokens) and reselling them An important factor is the limited number of such gifts, so theina can vary from 15 to 3,000 stars (Telegram’s virtual currency). In Ukraine, this is about 1 hryvnia per star.