Gno.land Launches Token Sale with Fixed Supply
Gno.land is an upcoming next-generation smart contract platform built on Gno, a Go-based interpreted language. Developed by NewTendermint, Gno.land aims to bridge the gap between traditional blockchain environments and developers who already use the popular programming language.
The platform's native token, GNOT, has a fixed total supply of 1,333,000,000 tokens, with a maximum allocation of 350,000,000 for Cosmos and 231,000,000 for Atom One. The remaining tokens are allocated to various groups, including the Core Treasury, Ecosystem Treasury, Validator Treasury, Investors, and NewTendermint, LLC.
The token sale is subject to certain requirements, including completing individual identity verification, residing in a supported country or region, and agreeing to the Token Sale Agreement. Tokens will be distributed proportionally based on committed amounts relative to the total funds committed by all users.