The Open Network Revives Original Name for Toncoin with Gram Rebrand

The Open Network has announced plans to rebrand its Toncoin (TON) cryptocurrency to Gram, its original name from the 2018 whitepaper. This move follows a series of infrastructure upgrades and improvements implemented by Telegram, the network's primary driver and largest validator.

According to The Open Network, the decision to revert to the original name is a deliberate revival of the token's identity, aimed at restoring its original identity without fear of regulatory interference. As part of this move, there will be no token swap or migration required, ensuring that every balance, address, contract, and position stays exactly as it currently is.

The rebranding process is expected to take around three weeks, with a community vote already underway. At the time of writing, approximately 1.8 million TON (nearly 80% of votes cast) were pledged in favor of the rebrand. This marks the fourth stage of Telegram's 'Make TON Great Again' roadmap, which aims to power a seamless Web3 super app experience inside Telegram for its one billion users.