diff --git a/cmd/laconicd/cmd/root.go b/cmd/laconicd/cmd/root.go
index b4847145..3fdb0341 100644
--- a/cmd/laconicd/cmd/root.go
+++ b/cmd/laconicd/cmd/root.go
@@ -98,7 +98,7 @@ func NewRootCmd() *cobra.Command {
 
 			// overwrite the minimum gas price from the app configuration
 			srvCfg := serverconfig.DefaultConfig()
-			srvCfg.MinGasPrices = "0photon"
+			srvCfg.MinGasPrices = "0alnt"
 
 			// overwrite the block timeout
 			cmtCfg := cmtcfg.DefaultConfig()
diff --git a/scripts/init.sh b/scripts/init.sh
index 190e3fd3..df3af5a7 100755
--- a/scripts/init.sh
+++ b/scripts/init.sh
@@ -27,7 +27,7 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
   laconicd keys add $KEY --keyring-backend $KEYRING
 
   # Set moniker and chain-id for Ethermint (Moniker can be anything, chain-id must be an integer)
-  laconicd init $MONIKER --chain-id $CHAINID --default-denom photon
+  laconicd init $MONIKER --chain-id $CHAINID --default-denom alnt
 
   update_genesis() {
     jq "$1" $HOME/.laconicd/config/genesis.json > $HOME/.laconicd/config/tmp_genesis.json &&
@@ -86,10 +86,10 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
   fi
 
   # Allocate genesis accounts (cosmos formatted addresses)
-  laconicd genesis add-genesis-account $KEY 100000000000000000000000000photon --keyring-backend $KEYRING
+  laconicd genesis add-genesis-account $KEY 1000000000000000000000000000000alnt --keyring-backend $KEYRING
 
   # Sign genesis transaction
-  laconicd genesis gentx $KEY 1000000000000000000000photon --keyring-backend $KEYRING --chain-id $CHAINID
+  laconicd genesis gentx $KEY 10000000000000000000000000alnt --keyring-backend $KEYRING --chain-id $CHAINID
 
   # Collect genesis tx
   laconicd genesis collect-gentxs
@@ -104,7 +104,7 @@ fi
 laconicd start \
   --pruning=nothing \
   --log_level $LOGLEVEL \
-  --minimum-gas-prices=0.0001photon \
+  --minimum-gas-prices=1alnt \
   --api.enable \
   --rpc.laddr="tcp://0.0.0.0:26657" \
   --gql-server --gql-playground