TG GiftsGlossary: the Telegram gift, username and TON market
Thirty terms, one sentence each, and what each one changes in a decision. Every link points to a live page that already uses the term.
Jump to a term
Floor
The cheapest buy-now (fixed-price) listing of a gift collection on Fragment, auctions excluded.
Why it matters: It is the one number every other price is compared with, and it is an asking price, not a sale: a floor can sit unchanged for days while nothing sells.
Buy-now
An item offered at a fixed price that anyone can buy immediately, as opposed to a bid.
Why it matters: Only buy-now listings build the floor and the index; mixing them with auction opening bids would let a 1 GRAM start price look like a market crash.
Timed sale
A Fragment listing with a countdown timer instead of a fixed buy-now price.
Why it matters: Timed sales are counted separately and kept out of floor rankings and the index, because a timer price is not a price you can buy at any moment — Plush Pepes are quoted this way today.
Auction
A sale to the highest bidder before a deadline, so the number on screen is a bid, not a price.
Why it matters: A bid is not evidence of value until it settles, which is why auctions are excluded from floors and why username-auction hunts publish a minimum bid, never a profit.
Model
The visual variant of a gift inside one collection (a specific Pepe, a specific helmet), and it has its own floor.
Why it matters: Two gifts from the same collection can differ by a factor of ten, so valuing a collection floor is not valuing the item in your hands.
Backdrop
The background behind a gift's model, one of the attributes that makes an item rarer than its collection average.
Why it matters: A backdrop premium is the most common reason a single gift sells far above the collection floor, and it is exactly what a floor-based estimate cannot see.
Symbol
The small emblem attribute printed on a gift, the third attribute after model and backdrop. No page on tggifts.com names symbols yet.
Why it matters: Symbols move price the same way backdrops do, so a quote that ignores them is incomplete for any single item.
Rarity, permille
The share of a collection that carries a given model, in thousandths, so 10‰ means about 1% of the collection.
Why it matters: Permille is a supply fact, not a price: a rare model with no buyers is worth less than a common one that trades daily, so rarity alone never sets an estimate here.
Upgraded gift
A plain gift turned into a unique collectible with a randomly assigned model, backdrop and symbol; only upgraded gifts can be traded on-chain.
Why it matters: Supply in every market cap calculation is upgraded supply, so a collection with a large unopened plain supply is not as scarce as its item count suggests.
Stars
Telegram's in-app currency, used to buy gifts and to pay for upgrades inside Telegram.
Why it matters: Stars are the entry price of the whole market: a gift whose upgrade costs Stars has a cost floor in Stars that has nothing to do with its GRAM floor.
GRAM
The current name of the TON network's coin, and every price on tggifts.com is quoted in it.
Why it matters: Quoting in GRAM keeps the market's own unit and avoids an FX guess; a USD figure you see elsewhere is a conversion made at some other moment.
TON
The blockchain network where upgraded gifts, usernames and .ton domains are recorded as NFTs.
Why it matters: Ownership and sale history live on TON, so a sale can be checked against the chain and not only against a marketplace screen.
Fragment
Telegram's official marketplace for usernames, phone numbers and collectible gifts, and the single price source behind every number on this site.
Why it matters: One venue means one consistent definition of floor — and a known blind spot, because other markets can list the same gift cheaper.
Getgems
A TON NFT marketplace that also lists upgraded Telegram gifts, with its own order book and fees.
Why it matters: A gift held on Getgems can be cheaper than the same gift on Fragment, so below floor needs the venue named next to it.
Portals
A custodial Telegram Mini App marketplace for gifts, with its own listings and its own commission.
Why it matters: It is the second venue our cross-market comparison shows: useful to a buyer and irrelevant to the index, which stays Fragment-only.
Tonnel
A Telegram Mini App marketplace for gifts that settles in TON.
Why it matters: A Mini App venue is not an on-chain marketplace: where the gift sits until you withdraw it is part of the risk, not only part of the price.
Username
The @handle that identifies a Telegram account, which on Fragment can be bought, sold and auctioned like an asset.
Why it matters: A username is priced by what similar names sold for, not by length alone, so short is a starting point and never the answer.
Username class
The quality bucket a handle falls into — four characters, English word, pattern, brand, short number — and it decides which sales are comparable.
Why it matters: Most valuation errors come from comparing across classes, so the class is the first thing to check before believing any username price.
Brandable
A short, pronounceable name that a company could adopt as a brand, rather than a dictionary word.
Why it matters: Brandables are capped by the cheapest similar name listed right now, because a buyer can always take the alternative instead.
Dictionary word
A handle that is an ordinary English word, valued by its own sales and never capped by a different word's listing.
Why it matters: Words behave unlike patterns: a cheap listing of a different word says little about yours, so a cap here would systematically underprice the best names.
Pattern
A handle built from a repeating shape such as aaabbb or ababab, and it is compared only with handles of the same shape.
Why it matters: Patterns have the least comparable evidence of any class, so their estimates carry a wide range and no confident verdict.
5% fee
Fragment's commission when a gift is resold, and every profit figure on this site subtracts it before showing a number.
Why it matters: A 5% gap is not a deal: after the fee it is zero, which is why our snipe rule demands at least 5 GRAM left after the fee.
Index
One number that summarises the daily change of many floors, so you can talk about the market without listing a hundred collections.
Why it matters: It separates a market move from a single cheap listing; the TG Gifts Index (TGGI) is base 100 on 2026-10-18 and is published daily.
Constituent
One collection that qualifies for the index on a given day and is therefore counted in that day's official value.
Why it matters: The constituent count changes daily, so two index values are only comparable if you also read how many collections stood behind each one.
Weight
The share of the index move that one collection contributes, set in proportion to its recent sales and capped at 10%.
Why it matters: Weights decide how far a 30% jump in a thin collection can move the index; here its effect is capped, because thin collections weigh less and no collection weighs more than a tenth.
Chain-linked
Each day's index is yesterday's value multiplied by that day's weighted floor change, instead of re-averaging all prices from scratch.
Why it matters: Collections can enter and leave without the index jumping, which is the difference between a market measure and a number that moves when the roster changes.
Official close
The day's frozen index value, published from 01:00 UTC and locked at 01:05 UTC, and it never changes afterwards.
Why it matters: It is the number you can quote months later and still find unchanged, which is what makes a series citable instead of a screenshot.
Liquidity
How quickly an item can be sold near its quoted price, and in this market it is measured by recent sales, not by the size of the floor.
Why it matters: A high floor with no sales is a number you cannot cash out, so liquidity belongs next to any price you are shown.
Thin market
A market with few buyers and few listings, so one sale or one delisting can move the quoted price by tens of percent.
Why it matters: On a thin market an estimate is a range and a wait, not a promise of a sale this week; money can be locked for days or weeks.
Snipe (hunt)
An item listed clearly below its floor or estimate that passes every rule, and a hunt is that snipe once it is published with its real outcome.
Why it matters: The difference between a signal and a claim is the outcome: every hunt is logged with a Fragment link after 24 hours and its result is re-read from Fragment, so anyone can check it.