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#TONRenamesNativeTokenToGram Telegram founder Pavel Durov announced that they have decided to revert the platform's altcoin, Toncoin (TON), to its original name.
A notable branding change has emerged within the Telegram and TON ecosystem. Telegram CEO Pavel Durov announced that the TON blockchain's native cryptocurrency, Toncoin, will be renamed back to “Gram.”
Durov stated that the name Gram was the original currency name listed in TON’s initial whitepaper, and that this move signifies a return to the project's roots and marks the beginning of a new era. According to Durov, the rebranding process will take approximately three weeks.
According to the announcement, only the name and ticker symbol of the cryptocurrency will change. The name of the TON blockchain itself will remain the same, and there will be no technical changes to user balances, wallet addresses, NFTs, staking positions, DeFi assets, or smart contracts. Under the new regulation, Toncoin’s trading symbol is also planned to be changed from TON to GRAM.
Durov also argued that TON is one of the most decentralized blockchain networks in the world, and that Telegram becoming the largest validator on the network allows TON to be staked without increasing centralization risks for major exchanges and custodial service providers.
Meanwhile, the community has expressed mixed reactions to Telegram’s proposed rebranding. While it is noted that this step does not create any technical changes for users and is merely a name change, some observers pointed out that proposals directly supported by Telegram tend to receive strong backing within the TON ecosystem. Therefore, the switch back to Gram is seen as potentially the first step toward broader plans that may be announced in the future.
INVESTMENT WARNING NOT ADVISED