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Gram (prev. Toncoin)

GRAM
Smart Contract PlatformProof of Stake (Byzantine Fault Tolerant BFT)Launched 2021
Max Supply
No cap
Circulating
2.73B
Launched
2021
Minute-Level Data From
2024-09-03

What it does

Gram (formerly Toncoin) is the native cryptocurrency of The Open Network (TON), a Layer 1 blockchain originally designed by Telegram's co-founder. It enables fast, low-cost transactions and smart contracts with seamless integration into the Telegram messaging ecosystem. Gram powers Telegram's Mini App payment ecosystem and serves as the settlement asset for Telegram's native payment and advertising infrastructure. On June 15, 2026, the token was renamed from Toncoin (TON) to Gram (GRAM) following an 81.22% community governance vote β€” a name, ticker, and logo change only, with the blockchain still called The Open Network (TON) and all balances, addresses, and contracts unaffected.

How it works

The Open Network uses a multi-blockchain architecture with a masterchain coordinating multiple workchains, enabling near-unlimited horizontal scaling. Smart contracts are written in FunC/Tact and deployed on workchains. Consensus uses a BFT PoS mechanism where validators stake Gram and vote on blocks. The network processes transactions in parallel across shardchains. TON has exclusive integration with Telegram: Mini Apps can accept Gram payments natively, developers earn through Telegram Stars (converted to Gram), and channel owners receive ad revenue in Gram.

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Problem it solves

The Open Network leverages Telegram's 900 million+ user base to make blockchain accessible to mainstream users without requiring them to leave their messaging app. It aims to be the payment layer for the social internet, solving the friction of onboarding non-crypto users to Web3. Its sharding architecture enables the massive scalability needed to support Telegram-scale transaction volumes. The network's native token carries the name Gram, restored in June 2026 from its original designation in Telegram's 2018 TON whitepaper.

Key Differentiator

Native exclusive integration with Telegram's 900M+ user messaging platform, making The Open Network the only blockchain positioned as the payment infrastructure for a major existing social network. Its token reverted to its original name, Gram, in June 2026.

Tokenomics

Supply Model
Inflationary (~87,000 Gram minted daily as validator rewards; no hard cap)
Staking
Validators stake Gram to secure the network; nominators can delegate Gram to validators; staking APY approximately 3-5%
Burn Mechanism
A portion of transaction fees are burned; Telegram charges burn fees for certain operations
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Ecosystem

Chain: The Open Network (own Layer 1)
Depends on: Telegram's continued integration and regulatory standing, TON Foundation development, validator network, Pavel Durov's legal situation
Influences: Telegram Mini App payments, Telegram channel monetization, USDT on TON adoption, TON DeFi ecosystem

Similar Projects

Sources

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Build and test trading strategies using Gram (prev. Toncoin)'s minute-level data from 2024-09-03 to present.

Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only β€” not financial advice.