Ok. You’ve been waiting long enough for your surprise. But the wait is over and it was really worth it. Today, we’re excited to announce that all Crypterium users have a real opportunity to be among the first holders of Gram — the hottest token of the year.
Yes, you read it right. If you’re a Crypterium user and have enough money on your balance, you’ll be able to reserve Telegram’s token at very competitive rates.
Don’t know what we’re talking about? Let’s get you up to speed!
What is Gram token?
Gram is the native utility token of the TON Blockchain. While TON is expected to support multiple tokens, Gram, also known as TON coin, will be the basic cryptocurrency of the network.
What is TON?
The Telegram Open Network (TON) is a scalable decentralized multi-blockchain architecture expected to go live on October 31, 2019.
This mainnet is meant to promote the mass adoption of digital currencies by leveraging the nearly 260 million users of the Telegram messaging service.
According to the official TON White Paper, this platform will play the role of a ‘supercomputer’ or ‘superserver’ that can host a vast variety of services thanks to its unique scalability and ability to process millions of transactions per second.
TON White Paper is available here.
What are the use cases of the Gram token?
The Gram token will play multiple roles across a wide range of services available on TON:
- Commissions paid to TON blockchain validators
- Stakes deposited by validators to validate transactions and generate new blocks/coins
- Capital lent out to validators in exchange for a share of their reward
- Voting power required to support or oppose changes in the parameters of the protocol
- Payment for services provided by apps built on the platform
- Payment for storing data securely in a decentralized way
- Payment for registering blockchain-based domain names and hosting TON-sites
- Payment for hiding identity and IP addresses
- Payment for bypassing censorship imposed by local ISPs
- External use: trading, transfers, etc.
How To Get Gram Tokens
So… by this stage you’re probably wondering how to buy Gram tokens and here is the thing: you cannot actually buy them. Not with Crypterium, nor any other site on the internet. Why? Because the tokens are not yet available on the market. No long faces, there’s a way around.
Even if you can’t buy TON coins, you can reserve them on the Crypterium Wallet at a fixed rate and receive them following the mainnet release. This is how it works:
Every day, we’re allowing our users (that includes you, of course) to reserve a limited amount of Gram tokens on the Crypterium Wallet. The initial batch of Gram tokens is available at a $3.50 rate. However, the price increases in $0.10 every 24 hours.
In order to reserve Gram tokens on the Crypterium Wallet, you just need to complete our identity verification process and have enough funds to reserve the tokens.
You can reserve tokens using Bitcoin (BTC) or USD Coin (USDC). If you’re new to Crypterium, you can quickly top up the wallet by receiving funds from external addresses or buying cryptocurrencies instantly with your debit or credit card.
Once you’ve reserved the tokens, you’ll be able to see them on a special wallet. But those tokens aren’t available for any kind of transactions until the official delivery.