Pavel Durov announced proceeds of $4,35 mln after a two‑day online auction that sold digital papakhas to collectors.

Auction results

The auction, held on 22–23 November, offered a total of 29 thousand digital papakhas to participants on Telegram.

Tokens changed hands at an average price of 10100 "stars", which organizers estimated at approximately $150 per unit.

Combined receipts from the sale were reported as $4,35 mln, reflecting the aggregated volume and stated average price across lots.

Public remarks

Pavel Durov highlighted the social significance of the items, noting their contemporary relevance and perceived aesthetic advantages over other tokens.

The statement positioned the papakha tokens as cultural or collectible assets rather than purely speculative instruments in the digital market.

Market context

The sale illustrates continued demand for themed digital collectibles distributed via messaging platforms, where community engagement often drives pricing dynamics.

Observers note that tokenized items with cultural associations can attract concentrated interest, producing notable short‑term revenue for issuers and promoters.