The Open Network's native token is rebranding from Toncoin (TON) to Gram (GRAM), effective 12:00 UTC on June 15, 2026, after a community vote on TON Vote passed with 81.22% in favor (voting June 1–8).

TON is a Layer 1 blockchain created by the Telegram community.

TON is a decentralized layer-1 blockchain designed for mass adoption. It offers ultra-fast transactions, tiny fees, user-friendly apps, and is environmentally friendly. TON is scalable and shardable, growing without performance loss. The TON Foundation, a community-driven group, has been developing the technology since 2020. Toncoin is the native cryptocurrency of the TON network.

Originally designed for easy-to-use applications, TON allows users to buy, send, and store funds. Clients pay transaction fees and use TON for payments and validation. TON uses proof-of-stake (PoS) for scalability and reliability. It provides fast, transparent, and secure payment services with minimal fees and third-party applications.

TON has a multi-level structure based on sharding, using multiple subnets for specific purposes. This avoids unverified blocks and speeds up tasks. The TON network consists of master, work, and shard chains.

TONToncoin

Toncoin Rebrands to Gram