Pavel Durov has unveiled a fully native Telegram app for the Apple Watch, expanding the platform’s hardware range. A governance vote to rename Toncoin (TON) to GRAM was approved with 81.22% support, with the rebranding taking effect on June 15.
The blockchain holds the name TON. Owners do not need to swap, bridge or demand anything. Balances, smart contracts, NFTs, staking, and decentralized finance (DeFi) are migrated automatically.
The GRAM brand is bringing Telegram’s vision to life for 2018
The name GRAM originated in a 2018 Telegram technical report, before the SEC forced the project to shut down and return $1.7 billion to investors.
The community independently rebuilt the chain as Toncoin under the TON Foundation. Durov’s rebranding returns the token to its intended identity.
The renaming is the fourth step of the Make TON Great Again (MTONGA) roadmap. Previous milestones included Catchain 2.0which I deliveredThe finality of the transaction without the second,Fees were reduced sixfoldTo almost zero. Telegram also took over as TON’s top validator earlier this year.
Tonquin (TON) is trading at $1.66 at the time of writing, down 7.14% over the previous 24 hours. The market capitalization of the asset is $4.43 billion. Currency It rose sharply after Durov’s takeover announcements in Mayonly to trim some of those gains before rebranding.
Full consistency across exchanges and ecosystem projects is expected to be achieved by June 22 GRAM transmission for three weeks It does not require any technical changes to wallets, contracts or protocols.
The Apple Watch app expands Telegram into a new category of devices
Durov announced a native Apple Watch app on the The app covers messaging, voice notes, GIFs, video playback, stickers and location sharing from the wrist.
Both moves constitute a deliberate strategy. The GRAM rebranding improves the crypto identity of the Telegram ecosystem, while the launch of the Apple Watch expands the platform to consumer devices.
Nearly 1 billion users donate to Telegram TON user expansion plans One of the broadest potential footprints in the industry.
The remaining three MTONGA steps remain unannounced, but are coupled with a product launch Reset network identity Signs are that Durov is developing the ecosystem on multiple fronts before June 22.
this post TON Rebrand from Telegram Gets Apple Boost as Durov Expands Ecosystem appeared first on BeInCrypto.
