Gram (GRAM) is the first Proof-of-Work (PoW) jetton on the TON Blockchain. In this article, readers will discover what Gram is, its price history and how exchanges like CoinEx provide a supportive platform for purchasing Gram.
Background
Telegram launched its cryptocurrency initiative to extend its services beyond messaging. In 2018, the company introduced the Telegram Open Network (TON) as the backbone of its cryptocurrency goals.
Subsequently, the project was transferred to the open TON community, which has been actively supporting and developing the platform ever since. Gram's was created and launched by the Durov brothers, Nikolai and Pavel, both prominent figures in the TON development community and passionate blockchain innovators. While Gram has a founder, it does not have an owner, defined tokenomics or a roadmap. Each member of the community autonomously decides the significance of Gram to them.
Price History
Telegram launched an initial coin offering (ICO) to fund the development of the TON blockchain. With a target of raising $1 billion, it quickly became one of the largest ICOs in the crypto industry. By 2018, the token sale was completed, successfully securing substantial capital for the project.
Like all cryptocurrencies, Gram’s price is influenced by market volatility. Initially priced at $0.10, it has seen a range of price changes since its launch. Market data indicates a promising future for Gram, as it continues to attract a growing community of investors and traders.
Key Features
GRAM boasts several advanced features, including but not limited to:
- Integration with Telegram and the TON Ecosystem: GRAM’s architecture supports seamless integration with Telegram’s applications, potentially enhancing cryptocurrency usability through a platform with billions of users. This integration could make GRAM a leading choice for everyday transactions.
- Compatibility with Ethereum: GRAM’s blockchain is compatible with Ethereum, which broadens its usability and integration potential. This allows developers to port their Ethereum smart contracts to the TON blockchain, making it an attractive platform for developers and increasing the utility of the Gram coin.
- Gram Smart Contracts: GRAM’s smart contracts enable not only payment processing but also the electronic creation of various contracts or transaction conditions.
GRAM gained immediate attention from users due to its mining capabilities, becoming the first PoW (Proof of Work) token within the TON ecosystem that can be mined using graphics cards. Similar to Bitcoin, miners of GRAM receive rewards for solving computational tasks.
Tokenomics
GRAM does not have inflation, and some enthusiasts have already burned some amount of GRAM, resulting in the total coin count being less than 5 billion. The first three groups of givers contain only 30% of the total supply, which is 1.5 billion coins. 3.5 billion GRAM, or 70% of the total supply, are contained in the extra small givers that distribute 100 GRAM each. Mining of the extra small givers will be completed around 700 days from Feb 2024 – in early January 2026.
Gram (GRAM) Overview
- Name: Gram (GRAM)
- Official Link: https://gramcoin.org/
- Explorer: TON Viewer
- Total Supply: 5B
- Contract Address: EQC47093oX5Xhb0xuk2lCr2RhS8rj-vul61u4W2UH5ORmG_O
- Twitter: GramTON
- Telegram: Gram Official Group
- Supported CEX: CoinEx
- Supported DEX: Uniswap
For those interested in trading GRAM, CoinEx provides a user-friendly platform to facilitate transactions. For more information and to stay updated, visit CoinEx GRAM Overview.
Frequently Asked Questions
Is GRAM worth buying?
Investing in GRAM, like any cryptocurrency, carries risks and potential rewards. It’s important to conduct thorough research and consider market conditions before making any investment decisions.
What makes GRAM unique?
GRAM is the first proof-of-work jetton on the TON blockchain, making it a significant player in the evolution of decentralized assets. Its unique position within the TON ecosystem sets it apart from other digital tokens.
How can I Buy GRAM?
You can purchase GRAM on supported exchanges like CoinEx by following our detailed guides on how to buy, trade, and store cryptocurrencies safely.
This article does not constitute investment advice. Always conduct your research before investing.
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