# Gno

**Published by:** [xiaoyangyangyang](https://paragraph.com/@cocoking12/)
**Published on:** 2022-08-30
**URL:** https://paragraph.com/@cocoking12/gno

## Content

(1) Fee Token $GNOT. Total volume $1 billion Token usage: 75% airdrop to $Atom holders; 10% to New Tendermint Inc. and JK; 10% to Core Mission DAO (project ecological management); 5% to early Github and economic contributors, of which 10,000 to test network test1 and 100,000 to test network test2; 2 million to faucet0 and faucet1 participants. (2) Governance Token $GNOSH $GNOSH will be distributed to anyone who participates and contributes to GNOLAND in any way, be it coding, translating, writing articles, testing new features, art, lawyers, hardware designers or sharing ideas, knowledge and talent of any kind. $GNOSH will be used to vote on GnoLand proposals, such as changes to the code. Holders of $GNOSH may also receive a portion of the chain's total revenue. IV. Status of Airdrop ($GNOT) May 19th has been open for atom pledger/holder snapshots. Temporarily unavailable for collection. Known airdrop rules include: (1) voting YES on Prop 69 will be almost equal to no airdrop; NWV is slightly better than NO and Abstain is better than no vote; (2) there is a difference in weighting between pledgees and holders; (3) a proxy not voting inherits the validator's vote. The secondary snapshot, whale top, LP snapshot, etc. that have been circulating around have not been officially confirmed. View the token model and the number of airdrops here: https://gnoland.space/docs/tokenomics V. Competitors Gnoland, as a project benchmarked against ETH, has competitors, i.e. all L1 layers. In the increasingly crowded public chain circuit, there are not only the "born to be proud" ETH and a lot of L2 layer advocates, but also BSC, SOL and other financial "money" chains, and poly, avax, Polkadot are also working non-stop to enlist developers. The unique advantages of Gnoland may come from the following (1) The proven Cosmos core underlying framework: Whether Cosmos will be the "optimal solution" for the interconnection of all chains, but at least it has been steadily advancing in the public chain track, Gnoland's starting point is quite high. (2) IBC's good support and compatibility with cross-chain: IBC's operation is silky smooth, who knows who uses it. (3) gnolang language's optimization of multi-threading and speed: goroutine is probably the lightest and lowest cost multi-threading solution so far. (4) Lightweight Hub's protection of smart contract security: Cosmwasm seems to be the solution with faster iteration and lower coupling with HUB underlay, but it is undeniable that the complexity of Cosmwasm itself is underestimated. A highly overlooked aspect of community-based governance is that end-users are overly optimistic about the implementation of features and fail to perceive the risks behind smart contracts - we still remember the several downtimes of juno after the launch, and although there was no loss of property, the previous experience will make the security of lightweight HUBs get more attention. (5) Dual token model: Different interpretations of $ATOM's infinite incremental model exist, JK launched dual tokens in Gnoland as expected, and $GNOSH as governance tokens will be allocated based on contribution, thus achieving good decentralized governance, and community domination can ensure project development in line with the community members' vision of a real construction project. The possible disadvantages are. (1) There may be a bunch of investors who will immediately sign the check if JK asks, but JK still wants Gnoland to be community-led and is not expected to bring in any vc capital in the short term. The absence of capital intervention cannot be considered a disadvantage of a project, but it is predictable that the user volume and ecology, in the short term, can only rely on word of mouth and the natural fermentation of the product. (2) Although gnolang is built on the basis of go language which has been launched for 13 years, the application of gnolang as a new language in the public chain still needs to be fully verified by the market and developers.

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