Buy Gram (TON): value and price trends

What is Gram (TON)

Gram is the native token of The Open Network (TON), a Layer 1 blockchain whose origins are linked to Telegram’s founders, Pavel and Nikolai Durov. Today the project is developed by an independent foundation and community, but it keeps a very strong link with the Telegram ecosystem, from which it draws much of its potential user base.

This closeness to one of the most widely used messaging apps in the world is one of the elements that make the project a particularly closely followed one, especially with a view to mass adoption.

Origins: from Telegram to TON

The project began in 2018 as the “Telegram Open Network” and raised about 1.7 billion dollars through an ICO, with the token called Gram. However, the US SEC filed a lawsuit, deeming the sale an unregistered securities offering.

Telegram thus had to return the funds and officially abandon the project, which then continued independently thanks to the community, with the mainnet launched in 2021. Its story is therefore also an emblematic case of the relationship between crypto-assets and regulation.

Technology and Telegram integration

On the technical side, the TON network uses sharding, a technology that splits the work across several parallel chains to handle a large volume of transactions while keeping costs low and performance good.

Integration with Telegram happens through a wallet built into the app and the so-called “Mini Apps”, which make access to Web3 services very immediate, directly from the chat. The project is also very active in the gaming sector (GameFi).

Past performance is not a guarantee of future results.