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TON reboots Gram token brand, Telegram CEO says the network is "returning to its roots"

MarsBitNews
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Mars Finance News, according to The Block, Telegram CEO Pavel Durov announced that The Open Network (TON)'s native cryptocurrency will be renamed Gram, restoring the name from the project's original white paper as part of its "Make TON Great Again" initiative. Durov stated that this is a "return to the roots and the start of a new chapter." TON will remain the blockchain name, with Gram becoming the native currency name, and the transition period will last about three weeks. This renaming is the fourth step in Durov's MTONGA plan, following previously completed steps including network upgrades (called "ten times faster"), reducing transaction fees by about six times, and announcing that Telegram will replace the TON Foundation as the main manager and largest validator of the ecosystem. The name Gram was originally chosen by the Telegram blockchain project for its native cryptocurrency; Telegram launched the project in 2018, abandoned it in 2020 due to SEC litigation, and independent developers took over to continue development under the TON name.
TON-3.82%
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YieldYardkeeper
· 2h ago
Three-week transition period, and exchanges are busy renaming themselves again.
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TransparentDomeCity
· 7h ago
The old names in the white paper are coming back to life, Durov understands sentiment.
View OriginalReply0
BlackVelvetKey
· 15h ago
MTONGA has only reached step four out of seven. What other big moves are coming next?
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GateUser-dcb4d0d5
· 15h ago
Make TON great again... This slogan sounds a bit familiar 😂
View OriginalReply0
CandleAfterTheRain
· 15h ago
Ten times faster speed and six times lower cost, this move is good, waiting for Gram to launch.
View OriginalReply0
ProtocolPaladin
· 15h ago
Telegram personally steps in as the main validator, centralization controversy is coming again
View OriginalReply0
PlayfulAndCheerfulSunflower
· 15h ago
Gram this name is indeed much easier to remember than TON Coin, returning to the original intention +1
View OriginalReply0

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