# gno.land

By [Hugo Turner](https://paragraph.com/@hugo-turner) · 2022-08-30

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1/n Gnoland go to moon Gnoland is the first underlying blockchain (L1) project after the return of Cosmos and Tendermint co-founder Jae Kwon. The goal of the project is to build a decentralized, secure and scalable smart contract platform.

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I learn a bout what gnoland is. First it is a L1 smart contracting platform. The contracts are written in gno with interpredted [code.It](http://code.It) is completely deterministic,for complete [accountability.It](http://accountability.It) is transactional persistence across data realms and designed for concurrent blockchain smart contracts systems,Designed for inter-blockchain.

I think Gnolang would be a great L1 blockchain. I see many people foucs on Gnoland, we are very intresting in Gno.

Let us talk about Gnoland tokenomics. A fixed volume of 1 billion $GNOT is emitted at genesis.The proposed distribution is the following:

750 million $GNOT distributed through airdrops for $ATOM holders and stakers on 05/20/2022 (see snapshot here). A larger ratio will be given to those who voted NO and NO WITH VETO on Cosmos Hub Proposal #69 and YES and YES WITH VETO (see Peace Declaration) in different proportions.

100 million $GNOT will be attributed between New Tendermint Inc. and Jae Kwon; the repartition is expected to be communicated publicly.

100 million $GNOT will be given to the Core Mission DAO, which will manage the community efforts and ecosystem around the project. This DAO is yet to be defined.

50 million $GNOT will be distributed to early GitHub and ecosystem contributors. In this amount, 10k were attributed to test1 testnet, 100k to test2, 2M between faucet0 and faucet1.

So it is a great chance for us.

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*Originally published on [Hugo Turner](https://paragraph.com/@hugo-turner/gno-land)*
