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The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network\u2019s cryptocurrency in its first white paper.<\/p>\n
\u201cGram was the original name of TON\u2019s currency in the first white paper,\u201d Telegram and TON founder Pavel Durov posted<\/a> to Telegram on Monday. \u201cWe\u2019re returning to our roots \u2014 and starting a new chapter.\u201d<\/p>\n The rebranding will \u201cpave the way for what comes next,\u201d and the transition will take around three weeks, he added.\u00a0<\/p>\n The change revives the original token name from TON\u2019s 2018 whitepaper, which Telegram abandoned after the US Securities and Exchange Commission blocked its $1.7 billion initial coin offering (ICO) in 2020.<\/p>\n The move follows Telegram’s takeover<\/a> from the TON Foundation as the network\u2019s primary driver and largest validator in May.\u00a0<\/p>\n The Open Network launched a vote<\/a> on the proposal on Monday, explaining that there is no swap, migration, bridge, claim or conversion, and every balance, address, contract and position stays exactly as it is currently.\u00a0<\/p>\n At the time of writing, there were 1.8 million TON, or almost 80%, pledged in favor of the rebrand.\u00a0<\/p>\n \n Voting for TON rebranding is underway. Source: The Open Network<\/em><\/p>\n Durov has positioned the token rebrand as part of the \u201cMake TON Great Again\u201d roadmap. The rebrand is the fourth stage of the roadmap, with the first three coming earlier this year that included an upgrade to Catchain<\/a> in April to boost blockchain speed, a decrease in transaction fees, and the Telegram takeover.\u00a0<\/p>\n \u201cThese changes mark a milestone for the network \u2014 and a natural moment to refresh how the token is known publicly,\u201d TON stated.\u00a0<\/p>\n The endgame is to power a seamless Web3 \u201csuper app\u201d experience inside Telegram for its one billion users, turning the messenger into a global platform for payments, mini-apps, digital ownership, AI agents, and more.<\/p>\n