No owner
GRM has a founder but no owner, no tokenomics and no roadmap. Every holder decides for themselves what it is worth.
Mined, not distributed: all five billion GRM went to proof-of-work givers on day one, and everything left unmined was burned. No owner, no team allocation, no inflation.
GRM was launched as an experiment in January 2024 and became the most evenly distributed token on TON. Nobody controls it, nobody can print more of it, and that is the whole point.
GRM has a founder but no owner, no tokenomics and no roadmap. Every holder decides for themselves what it is worth.
All 5 billion coins went to PoW giver contracts on day one. Anyone with a GPU could mine; nobody received an allocation.
When mining ended on 30 September 2024, the 2.52 billion coins still in the givers were burned in a single transaction.
Nothing can ever be minted again. GRM DNS domains are paid for in GRM and burned, so millions of coins keep leaving circulation for good.
Minted once, never again: the givers are burned and the admin address is zero. Every burn is permanent.
The supply since the mint, and under it every burn that moved it: 5 billion, one cliff on 30 September 2024, then thousands of small fires as GRM DNS auctions and holders burn the rest. Zoom in to see the burns the Big Burn dwarfs.
12,629 burns since 2 Feb 2024
In 2024 anyone with a GPU could mine GRM from forty proof-of-work givers: 100 to 100,000 GRM a block, fifty million mining transactions in the first weeks alone. The givers hold only dust now, but they still answer. This is the real giver hash, on your device, against the difficulty they ended on.
$ pow-miner
A decentralized exchange for GRM, built by the community. Swap from any TON wallet, no account or KYC.
Priced by the pool, settled on TON in seconds. The exchange is open at grmdex.org.
EQC47093oX5Xhb0xuk2lCr2RhS8rj-vul61u4W2UH5ORmG_O
Every milestone links to the original announcement. The full retrospective lives on Telegram.
The first proof-of-work jetton on TON is announced: transparent, open-access mining for anyone.
Original post5,000,000,000 GRM minted and sent, in full, to ten groups of PoW Giver contracts. No presale, no team allocation.
Original postLarge and medium givers were drained within days and the community opened the first liquidity pools. Over 5,000 holders by the end of the first week.
Original postGRM/TON trading starts on decentralized exchanges and the official mining pool goes live. 15,000 holders in two weeks and 50 million mining transactions on TON.
Original post#2 in The Open League token leaderboard, a CoinMarketCap listing, and GRM DNS: auctioned domain names whose proceeds are burned.
Original post2,520,958,617 GRM ($8.5M at the time), every coin still left in the givers, burned in one transaction.
Original postA playground for Telegram Mini Apps, built by the founder around the token and its community.
Original postMore GRM/TON liquidity providers than the rest of the TON top-25 tokens combined.
Original postNew public name and ticker after a trademark complaint. Same contract, supply, holders and history. No migration, no swap.
Original postA fully decentralized exchange platform built on GRM goes live at grmdex.org: priced by the pool, settled on TON in seconds.
Open GRM DEX